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Lumber Futures Went Up By Over 15% In The Last 10 Sessions

Lumber Futures Went Up By Over 15% In The Last 10 Sessions
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(VIANEWS) - Lumber (LBS) has been up by 15.54% for the last 10 sessions. At 11:52 EST on Wednesday, 22 March, Lumber (LBS) is $427.50.

Volume

Today's last reported volume for Lumber is 147, 99.99% below its average volume of 18903376.41.

Volatility

Lumber's last week, last month's, and last quarter's current intraday variation average was 9.02%, 6.35%, and 5.45%, respectively.

Lumber's highest amplitude of average volatility was 10.56% (last week), 7.27% (last month), and 5.45% (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

  • Brent crude oil to average $90 in h1 this year and fall to $80 in Q4 – danske bank. According to FXStreet on Monday, 20 March, "Economists at Danske Bank expect Brent Crude Oil to hover around the $90 mark in the first half of the year before falling to $80 in the fourth quarter."

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.