Lumber Futures Bearish Momentum With A 10% Drop In The Last 21 Sessions

(VIANEWS) – Lumber (LBS) has been up by 10.21% for the last 21 sessions. At 16:50 EST on Monday, 20 February, Lumber (LBS) is $383.60.

Volume

Today’s last reported volume for Lumber is 381, 99.99% below its average volume of 19961659.86.

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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