(VIANEWS) – Lumber (LBS) is currently on bearish momentum. At 14:50 EST on Tuesday, 13 September, Lumber (LBS) is at $534.00 and 4.61% down since the last session’s close.

Volume

Today’s last reported volume for Lumber is 659, 99.99% below its average volume of 25468239.41.

Lumber Range

About Lumber’s daily highs and lows, it’s 3.149% up from its trailing 24 hours low of $517.70 and 4.609% down from its trailing 24 hours high of $559.80.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.94%, a negative 4.94%, and a positive 4.07%, respectively.

Lumber’s highest amplitude of average volatility was 0.94% (last week), 4.96% (last month), and 4.07% (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 FXStreet on Tuesday, 13 September, "Also important will be the American Petroleum Institute’s (API) Weekly Crude Oil Stock data, prior 3.645M."
  • WTI crude oil forecast: recovers into the weekend – 12 September 2022. According to DailyForex on Monday, 12 September, "The WTI Crude Oil market rallied rather hard during the trading session on Friday, as we continue to see a lot of volatility overall. "

More news about Lumber (LBS).

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