Lumber is currently on bearish momentum. At 16:07 EST on Tuesday, 20 April, Lumber is at $1,278.70 and 3.62% down since the last session’s close.

Lumber Range

Regarding Lumber’s daily highs and lows, it’s 0.683% down from its trailing 24 hours low of $1,287.50 and 3.618% down from its trailing 24 hours high of $1,326.70.

Volatility

Lumber’s last week, last month’s, and last quarter’s current volatility was a positive 0.89%, a negative 4.72%, and a positive 7.62%, respectively.

Lumber’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.97% (last week), 6.96% (last month), and 7.62% (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).

Last news about Lumber

Lumber prices soar, but logs are still dirt cheap. According to Bloomberg Quint on Tuesday, 20 April, "If you can source the lumber, you’re making a whole bunch of money right now," Stinson Dean, chief executive officer of Deacon Lumber Co., said in an interview on Bloomberg Television last week."

More news about Lumber.

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