Lumber Futures Bearish Momentum With A 27% Drop In The Last 21 Sessions

(VIANEWS) – Lumber (LBS) has been up by 27.95% for the last 21 sessions. At 07:52 EST on Wednesday, 8 March, Lumber (LBS) is $361.20.

Volume

Today’s last reported volume for Lumber is 216, 99.99% below its average volume of 19077758.47.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was 3.28%, 1.67%, and 3.98%, respectively.

Lumber’s highest amplitude of average volatility was 4.39% (last week), 3.49% (last month), and 3.98% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Lumber’s commodity is considered to be oversold (<=20).

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