(VIANEWS) – Lumber (LBS) has been up by 17.9% for the last 21 sessions. At 08:53 EST on Sunday, 12 March, Lumber (LBS) is $356.00.
Volume
Today’s last reported volume for Lumber is 118, 99.99% below its average volume of 19219598.81.
Volatility
Lumber’s last week, last month’s, and last quarter’s current intraday variation average was 3.28%, 1.67%, and 3.98%, respectively.
Lumber’s highest amplitude of average volatility was 4.39% (last week), 3.49% (last month), and 3.98% (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).
News about
- Crude oil forecast: still looks somewhat lost – 10 March 2023. According to DailyForex on Friday, 10 March, "The WTI Crude Oil market experienced a bit of a rally during Thursday’s trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior. ", "Until the market breaks out of its current range, traders should assume that it will continue to move back and forth between the $72.50 and $82.50 levels for the WTI Crude Oil market and the $77.50 and $89 levels for the Brent market. "
- According to FXStreet on Friday, 10 March, "The selling pressure around Crude Oil prices remains unabated for the fourth straight day, which undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "
More news about Lumber (LBS).
