First published by Money Metals here: https://www.moneymetals.com/news/2019/04/01/relative-strength-ratios-in-metals-markets-hit-rare-extremes-001745

For now, however, palladium prices remain in a long-term uptrend above the bullishly aligned 20-week and 50-week moving averages – and physical supply remains tight. Regardless of whether the palladium market recovers to new highs in the weeks ahead, it is quite possible that it has peaked in relative strength terms versus its sister metal platinum.