Lumber Futures Bearish Momentum With A 19% Fall In The Last 10 Sessions

(VIANEWS) – Lumber (LBS) has been up by 19.18% for the last 10 sessions. At 13:51 EST on Friday, 17 February, Lumber (LBS) is $404.00.

Volume

Today’s last reported volume for Lumber is 262, 99.99% below its average volume of 19007619.64.

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 oversold (<=20).

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