Lumber is currently on bullish momentum. At 08:06 EST on Tuesday, 20 April, Lumber is at $1,326.70 and 2.47% up since the last session’s close.
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).
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