Lumber (LBS=f) is currently on bullish momentum. At 13:04 EST on Monday, 26 July, Lumber (LBS=f) is at $641.20 and 1.14% up since the last session’s close.
Today’s last reported volume for Lumber is 148, 100% below its average volume of 41772491267.14.
Regarding Lumber’s daily highs and lows, it’s 4.074% up from its trailing 24 hours low of $616.10 and 8.4% down from its trailing 24 hours high of $700.00.
Lumber’s last week, last month’s, and last quarter’s current volatility was a positive 4.90%, a negative 0.36%, and a positive 5.57%, 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 5.83% (last week), 4.83% (last month), and 5.57% (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
WTI crude oil forecast: recaptures the 50 day EMA – 23 July 2021. According to DailyForex on Friday, 23 July, "The West Texas Intermediate Crude Oil market has recaptured all of the losses from the horrific selling on Monday, which is a bit surprising considering that its 8% loss is very rarely a short-term occurrence or a "one-off". "
More news about Lumber (LBS=f).