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Lumber Futures Drops By 18% In The Last 10 Sessions

ViaNews Editorial Team

February 19, 2023

Lumber Futures Drops By 18% In The Last 10 Sessions
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(VIANEWS) - Lumber (LBS) has been up by 18.87% for the last 10 sessions. At 19:50 EST on Saturday, 18 February, Lumber (LBS) is $406.70.

Volume

Today's last reported volume for Lumber is 381, 99.99% below its average volume of 20000269.68.

Volatility

Lumber's last week, last month's, and last quarter's current intraday variation average was a negative 2.48%, a positive 2.03%, and a positive 3.75%, respectively.

Lumber's highest amplitude of average volatility was 2.90% (last week), 3.32% (last month), and 3.75% (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).

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.