Lumber is currently on bullish momentum. At 23:06 EST on Friday, 23 April, Lumber is at $1,238.60 and 4.03% up since the last session’s close.
Concerning Lumber’s daily highs and lows, it’s 4.503% down from its trailing 24 hours low of $1,297.00 and 6.485% down from its trailing 24 hours high of $1,324.50.
Lumber’s last week, last month’s, and last quarter’s current volatility was 0.47%, 1.63%, and 4.98%, 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 2.97% (last week), 2.22% (last month), and 4.98% (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, 21 April, "WTI oilgained additional downside momentum after API Crude Oil Stock Change report indicated that crude inventories increased by 0.44 million barrels. "
More news about Lumber.