(VIANEWS) – Lumber (LBS) has been up by 19.8% for the last 21 sessions. At 20:56 EST on Tuesday, 14 March, Lumber (LBS) is $336.50.
Volume
Today’s last reported volume for Lumber is 312, 99.99% below its average volume of 18903374.11.
Volatility
Lumber’s last week, last month’s, and last quarter’s current intraday variation average was 4.82%, 3.43%, and 4.38%, respectively.
Lumber’s highest amplitude of average volatility was 6.08% (last week), 4.31% (last month), and 4.38% (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 Monday, 13 March, "Although a five-week-old support line restricts immediate WTI crude oil downside near $75.00, a daily closing beyond the 50-DMA hurdle surrounding $77.75 becomes necessary for the Crude Oil price to keep the buyers in the driver’s seat."
- Crude oil forecast: crude oil continues to trade in a range – 13 March 2023. According to DailyForex on Monday, 13 March, "The WTI Crude Oil and Brent markets are experiencing uncertainty around demand, leading to a range-bound market for short-term moves. ", "Like the WTI Crude Oil market, Brent is also facing the same problems of uncertainty around demand. "
- Crude oil forecast: crude oil tests the bottom of its range – 14 March 2023. According to DailyForex on Tuesday, 14 March, "The West Texas Intermediate (WTI) Crude Oil market has been struggling as of late, with concerns mounting about the demand for oil in the current economic climate. "
More news about Lumber (LBS).
