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Lumber Futures Over 28% Down In The Last 21 Sessions

Lumber Futures Over 28% Down In The Last 21 Sessions
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(VIANEWS) - Lumber (LBS) has been up by 28.78% for the last 21 sessions. At 22:51 EST on Thursday, 2 March, Lumber (LBS) is $370.50.

Volume

Today's last reported volume for Lumber is 288, 99.99% below its average volume of 19007623.35.

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 oversold (<=20).

News about

  • According to FXStreet on Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "

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.