Lumber Futures Bearish By 20% In The Last 21 Sessions

(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).

Leave a Reply

Your email address will not be published. Required fields are marked *