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Lumber Futures Bearish By 20% In The Last 21 Sessions

Lumber Futures Bearish By 20% In The Last 21 Sessions
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(VIANEWS) - Lumber (LBS) has been up by 20.85% for the last 21 sessions. At 16:51 EST on Monday, 6 March, Lumber (LBS) is $413.00.

Volume

Today's last reported volume for Lumber is 89, 99.99% below its average volume of 19255390.

Volatility

Lumber's last week, last month's, and last quarter's current intraday variation average was 2.48%, 1.56%, and 3.95%, respectively.

Lumber's highest amplitude of average volatility was 3.32% (last week), 3.32% (last month), and 3.95% (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, 6 March, "That said, a modest pullback in Crude Oil prices - amid worries that a deeper global economic downturn will dent fuel demand - undermines the commodity-linked Loonie and lends some support to the major. "

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.