Lumber is currently on bearish momentum. At 04:07 EST on Wednesday, 21 April, Lumber is at $1,151.90 and 4% down since the last session’s close.
About Lumber’s daily highs and lows, it’s 9.916% down from its trailing 24 hours low of $1,278.70 and 16.207% down from its trailing 24 hours high of $1,374.70.
Lumber’s last week, last month’s, and last quarter’s current volatility was 1.35%, 1.76%, and 5.01%, 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 3.22% (last week), 2.33% (last month), and 5.01% (last quarter), respectively.
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."
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