Lumber is currently on bullish momentum. At 08:06 EST on Saturday, 17 April, Lumber is at $1,167.90 and 4.29% up since the last session’s close.
Regarding Lumber’s daily highs and lows, it’s 4.723% down from its trailing 24 hours low of $1,225.80 and 7.361% down from its trailing 24 hours high of $1,260.70.
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).
News about Crude Oil
According to FX Empire on Wednesday, 14 April, "It should be noted that the recent API Crude Oil Stock Change report indicated that crude inventories decreased by 3.6 million barrels and provided additional support to the oil market. "
More news about Lumber.