(VIANEWS) – Lumber (LBS) is currently on bullish momentum. At 10:53 EST on Wednesday, 22 December, Lumber (LBS) is at $1,010.00 and 2.52% up since the last session’s close.

Volume

Today’s last reported volume for Lumber is 110, 99.99% below its average volume of 29619928747.3.

Lumber Range

Regarding Lumber’s daily highs and lows, it’s 2.925% up from its trailing 24 hours low of $981.30 and 1.174% down from its trailing 24 hours high of $1,022.00.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.68%, a negative 0.55%, and a positive 3.24%, respectively.

Lumber’s highest amplitude of average volatility was 3.68% (last week), 2.52% (last month), and 3.24% (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: consolidating above $70 – 20 December 2021. According to DailyForex on Monday, 20 December, "The West Texas Intermediate Crude Oil market fell during a large portion of the day, but it is also worth noting that we continue to find buyers near the $70 level. "

More news about Lumber (LBS).

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