(VIANEWS) – Lumber (LBS) is currently on bullish momentum. At 11:51 EST on Friday, 1 July, Lumber (LBS) is at $648.60 and 1.77% up since the last session’s close.

Volume

Today’s last reported volume for Lumber is 121, 99.99% below its average volume of 28563794.64.

Lumber Range

About Lumber’s daily highs and lows, it’s 10.4% up from its trailing 24 hours low of $587.50 and 0.808% up from its trailing 24 hours high of $643.40.

Volatility

Lumber’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.56%, a negative 1.26%, and a positive 8.03%, respectively.

Lumber’s highest amplitude of average volatility was 4.56% (last week), 2.93% (last month), and 8.03% (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 Wednesday, 29 June, "The weekly prints of the American Petroleum Institute’s (API) Crude Oil Stock data for the period ended on June 24 flashed a reduction of 3.799 million barrels versus the previous addition of 5.607M, not to forget expectations of -0.106M."
  • WTI crude oil forecast: price approaches 50-day EMA – 28 June 2022. According to DailyForex on Tuesday, 28 June, "The West Texas Intermediate Crude Oil market rallied after initially falling on Monday to show signs of life again. ", "The WTI Crude Oil market is approaching the $110 level and by extension the 50-day EMA. "

More news about Lumber (LBS).

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