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Lumber Futures Bearish By 22% In The Last 10 Sessions

(VIANEWS) – Lumber (LBS) has been up by 22.69% for the last 10 sessions. At 04:54 EST on Thursday, 16 February, Lumber (LBS) is $403.40.

Volume

Today’s last reported volume for Lumber is 199, 99.99% below its average volume of 19291311.23.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.48%, a positive 2.03%, and a positive 3.75%, respectively.

Lumber’s highest amplitude of average volatility was 2.90% (last week), 3.32% (last month), and 3.75% (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).

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