(VIANEWS) – Lumber (LBS=f) is currently on bearish momentum. At 11:06 EST on Wednesday, 14 July, Lumber (LBS=f) is at $660.00 and 34.98% down since the last session’s close.
Today’s last reported volume for Lumber is 174, 100% below its average volume of 44134350508.68.
Concerning Lumber’s daily highs and lows, it’s 10.184% up from its trailing 30 days low of $599.00 and 37.689% down from its trailing 30 days high of $1,059.20.
Lumber’s last week, last month’s, and last quarter’s current volatility was a negative 4.96%, a negative 2.15%, and a positive 5.25%, 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 4.96% (last week), 3.98% (last month), and 5.25% (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 overbought (>=80).
News about Crude Oil
WTI crude oil forecast: market continues to challenge $75 – 12 July 2021. According to DailyForex on Monday, 12 July, "The West Texas Intermediate Crude Oil market gapped a little bit higher during the trading session on Friday, but then shot higher to reach towards the $75 level. "
More news about Lumber (LBS=f).