(VIANEWS) – Lumber (LBS) is currently on bullish momentum. At 11:53 EST on Wednesday, 29 June, Lumber (LBS) is at $589.80 and 1.48% up since the last session’s close.

Volume

Today’s last reported volume for Lumber is 189, 99.99% below its average volume of 29045202.03.

Lumber Range

Regarding Lumber’s daily highs and lows, it’s 2.254% up from its trailing 24 hours low of $576.80 and 1.289% down from its trailing 24 hours high of $597.50.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.86%, a negative 1.53%, and a positive 7.97%, respectively.

Lumber’s highest amplitude of average volatility was 4.86% (last week), 3.21% (last month), and 7.97% (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: price bounces off trendline – 27 June 2022. According to DailyForex on Monday, 27 June, "The West Texas Intermediate Crude Oil market rallied a bit on Friday as we had been testing a major uptrend line. "

More news about Lumber (LBS).

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