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Lumber Futures Bullish Momentum With A 1% Rise In The Last 24 Hours

Lumber Futures Bullish Momentum With A 1% Rise In The Last 24 Hours

Lumber is currently on bullish momentum. At 16:06 EST on Friday, 9 April, Lumber is at $1,125.20 and 1.7% up since the last session's close.

Lumber Range

Concerning Lumber's daily highs and lows, it's 5.702% up from its trailing 24 hours low of $1,064.50 and 1.699% up from its trailing 24 hours high of $1,106.40.

Volatility

Lumber's last week, last month's, and last quarter's current volatility was a positive 0.89%, a negative 4.72%, and a positive 7.62%, respectively.

Lumber's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.97% (last week), 6.96% (last month), and 7.62% (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).