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Lumber Futures Bearish By 17% In The Last 10 Sessions

Lumber Futures Bearish By 17% In The Last 10 Sessions
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(VIANEWS) - Lumber (LBS) has been up by 17.13% for the last 10 sessions. At 11:50 EST on Friday, 31 March, Lumber (LBS) is $374.90.

Volume

Today's last reported volume for Lumber is 151, 99.99% below its average volume of 18530734.87.

Volatility

Lumber's last week, last month's, and last quarter's current intraday variation average was a negative 3.03%, a positive 4.10%, and a positive 5.49%, respectively.

Lumber's highest amplitude of average volatility was 3.03% (last week), 6.84% (last month), and 5.49% (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

  • According to FXStreet on Wednesday, 29 March, "That said, the weekly prints of the American Petroleum Institute's (API) Crude Oil Stock data marked a surprise daw in inventories by flashing -6.076M figure for the week ended on March 24 versus the previous addition of 3.262M."

More news about Lumber (LBS).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.