(VIANEWS) – Lumber (LBS) has been up by 17.9% for the last 21 sessions. At 10:51 EST on Saturday, 11 March, Lumber (LBS) is $356.00.
Volume
Today’s last reported volume for Lumber is 118, 99.99% below its average volume of 19255389.28.
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
- According to FXStreet on Thursday, 9 March, "This, along with an uptick in Crude Oil prices underpin the commodity-linked Loonie and acts as a headwind for the USD/CAD pair. ", "This, along with fading optimism over a strong Chinese economic recovery, which could dent fuel demand, should keep a lid on Crude Oil prices, suggesting that the path of least resistance for the USD/CAD pair is to the upside."
- 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. "
- Crude oil forecast: continues to look as if it is stuck in a range – 09 March 2023. According to DailyForex on Thursday, 9 March, "During Wednesday’s trading session, the West Texas Intermediate Crude Oil market fell slightly, reflecting the ongoing back-and-forth nature of the crude oil market. "
More news about Lumber (LBS).
