Palladium: RSI, real-yield correlation, 52-week range · daily

On 2026-08-03, Palladium closed at 1279.5 USD/oz, down 1.74% on the day. It trades at 17.9% of its 52-week range. Its RSI(14) of 40.38 is in the 21st percentile of its history since 1998, and its 20-day return of -9.34% in the 18th percentile. Its 20/50/200-day moving averages are 1367.8 / 1554.09 / 1237.97 USD/oz, with price -6.46% / -17.67% / +3.36% against them. Its 52-week range is 822.8–3380.5 USD/oz; it closed 62.15% below the high and 55.51% above the low. It has returned +6.55% over 5 days and -12.01% over 60 days.

=== PALLADIUM  (USD/oz) ===
  price & change   (as of 2026-08-03, prior 2026-07-30)
    close       1279.50
    change      -22.70  (-1.743%)   [spans 2 sessions: prior close is 2026-07-30]
  range            (as of 2026-08-03)
    range       22.00
    close pos   86.4% of range
  moving averages  (as of 2026-08-03)
     20d MA     1367.80   price below by -6.46%
     50d MA     1554.09   price below by -17.67%
    200d MA     1237.97   price above by +3.36%
    price mixed vs MAs
    stack: 50d > 20d > 200d
  volatility       (as of 2026-08-03)  (thin feed: most daily bars are single-price settles, excluded at read; vol measured over a sparse series)
    20d stdev   4.283% daily ≈ 68.0% annualized (×√252)   (81st pct of own history, since 1998 (3011 obs))
    vs easing-2024 avg  0.80× (4.283% vs 5.336% era avg)
  ATR              (as of 2026-08-03)  (thin feed: most daily bars are single-price settles, excluded at read; ATR measured over a sparse series)
    ATR(14)    63.33
    ATR%        4.95%   (90th pct of own history, since 1998 (3017 obs))
    range/ATR   34.7%
  52-week range    (as of 2026-08-03)
    high        3380.50   (-62.15% from high)
    low         822.80   (+55.51% from low)
  momentum         (as of 2026-08-03)
    RSI(14)     40.38   (22nd pct of own history, since 1998 (3017 obs))
  returns          (as of 2026-08-03)
     5d return  +6.55%
    20d return  -9.34%
    60d return  -12.01%
  volatility by rate-era  (thin feed: Pd/Pt daily bars are largely single-price settles; era volatilities include flat placeholder bars)
    pre-crisis       3.1082%   (from 1998-09-28)
    ZIRP-2009        3.3480%
    tightening-2015  2.8585%
    ZIRP-2019        5.5446%
    tightening-2022  6.1093%
    easing-2024      5.3355%
  real-yield sensitivity (palladium weekly returns vs weekly Δ in 10Y TIPS real yield, DFII10)  (as of 2026-07-30)
    vs real yield (Δ) -0.26 (26w)
    vs real yield (Δ) -0.05 (52w)
  cross-asset sensitivity (palladium weekly returns vs the US dollar index (DXY) and S&P 500)  (as of 2026-08-03)
    vs DXY      -0.44 (26w)
    vs DXY      -0.13 (52w)
    vs S&P 500  +0.28 (26w)
    vs S&P 500  +0.19 (52w)