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Lumber Bearish Momentum: 4.57% Down Since The Last Session

Lumber Bearish Momentum: 4.57% Down Since The Last Session

Lumber is currently on bearish momentum. At 05:12 EST on Wednesday, 6 January, Lumber is at $668.60 and 4.57% down since the last session's close.

Lumber Range

Lumber is 22.696% down from its last session low of $864.90 and 24.452% down from its last session high of $885.00.

Lumber is 24.45% down from its last three sessions higher value of $885.00 and is 3.66% down from its last three sessions lower value of $694.00.

Lumber is 25.47% down from its last seven sessions higher value of $897.10 and is 3.66% down from its last seven sessions lower value of $694.00.

Lumber is 25.75% down from its last month's higher value of $900.50 and is 2.29% up from its last month's lower value of $653.60.

Volatility

Lumber's last day, last week, and last month's average volatility was a negative 0.15%, a negative 3.77%, and a negative 0.12%, respectively.

Lumber's last day, last week, and last month's high and low average amplitude percentage was 2.32%, 4.68%, and 4.13%, respectively.

Last news about Lumber

US LBM acquires gilcrest/jewett lumber company. According to Business Insider on Monday, 4 January, "US LBM, a leading distributor of specialty building materials in the United States, has acquired Gilcrest/Jewett Lumber Company, a building products dealer and manufacturer with five locations in Iowa."

Lumber prices have increased worldwide in the second half of 2020 with US prices almost doubling. According to Business Insider on Tuesday, 5 January, "According to the Japan Lumber Journal, the most significant changes from September 2019 to September 2020 were an increase of Canadian hemlock prices by 15% (in Yen terms) and the decrease in European whitewood prices by about 13%."