Lumber Futures Over 17% Down In The Last 21 Sessions

(VIANEWS) – Lumber (LBS) has been up by 17.26% for the last 21 sessions. At 19:57 EST on Friday, 24 February, Lumber (LBS) is $384.00.

Volume

Today’s last reported volume for Lumber is 422, 99.99% below its average volume of 19042625.92.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was 3.89%, 1.04%, and 3.83%, respectively.

Lumber’s highest amplitude of average volatility was 3.89% (last week), 2.70% (last month), and 3.83% (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 overbought (>=80).

News about

  • According to FXStreet on Thursday, 23 February, "Apart from this, looming recession risks should keep a lid on any optimistic move in the markets and seem to act as a headwind for Crude Oil prices. "
  • According to FXStreet on Thursday, 23 February, "A goodish recovery in Crude Oil prices underpins the commodity-linked Loonie, which, in turn, is seen as a key factor weighing on the USD/CAD pair. "

More news about Lumber (LBS).

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