Lumber Futures Went Down By Over 7% In The Last 21 Sessions

(VIANEWS) – Lumber (LBS) has been up by 7.86% for the last 21 sessions. At 10:58 EST on Wednesday, 15 February, Lumber (LBS) is $393.90.

Volume

Today’s last reported volume for Lumber is 79, 99.99% below its average volume of 19436356.39.

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).

News about

  • WTI crude oil forecast: range between $75 and $82.50 likely to hold for now, shorts possible near $80 – 13 February 2023. According to DailyForex on Monday, 13 February, "On the other hand, if we do turn around and breakout above the $82.50 level, then it’s possible that the West Texas Intermediate Crude Oil market is looking to the 200-Day EMA. "

More news about Lumber (LBS).

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