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Lumber Futures Is 19% Down In The Last 21 Sessions

ViaNews Editorial Team

February 28, 2023

Lumber Futures Is 19% Down In The Last 21 Sessions

(VIANEWS) - Lumber (LBS) has been up by 19.39% for the last 21 sessions. At 10:54 EST on Tuesday, 28 February, Lumber (LBS) is $399.10.

Volume

Today's last reported volume for Lumber is 117, 99.99% below its average volume of 19546585.23.

Volatility

Lumber's last week, last month's, and last quarter's current intraday variation average was 3.72%, 1.06%, and 3.85%, respectively.

Lumber's highest amplitude of average volatility was 3.72% (last week), 2.81% (last month), and 3.85% (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 Tuesday, 28 February, "The USD/CAD bulls, meanwhile, seem unaffected by a goodish pickup in Crude Oil prices, which tend to underpin the commodity-linked Loonie. "
  • WTI crude oil forecast: crude oil continues to drift back and forth - 27 February 2023. According to DailyForex on Monday, 27 February, "During Friday's trading session, the West Texas Intermediate Crude Oil market experienced some volatility, causing it to dip slightly. ", "Like the WTI Crude Oil market, it continues to move within a range and faces the same challenges."

More news about Lumber (LBS).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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