LUMBER
CommodityCommodities Grains
- Latest week
- 12 May 2023
- Close
- 344.000000
- Fair value
- 719.146796
- Expectation
- Negative 36.51%
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Summary
Key Points
- Week Ending
- 12 May 2023
- Latest Close
- 344.00
- 12-Week Change
- -7.48%
- Trend Signal
- Inactive
- Expectation
- Negative 36.51%
- Signal Weeks
- 0 of 12
- Vs Trend Line
- Below
- Vs Fair Value
- Below
- Relative Strength
- -16.78
- Market Dynamics
- -0.78
Over the latest 12 completed weeks ending 2023-05-12, LUMBER fell 7.48%, moving from 371.80 to 344.00. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -16.78 and has improved across the 12-week window. Market Dynamics is -0.78 on the latest week. Expectation is negative at 36.51%.