August 7 news
According to the Spotcom AI assistant, on August 6, 2026, the technical indicators for ABS showed a consolidation pattern. The short-term cycle difference indicators did not fully align in direction, indicating a struggle between bulls and bears. At the same time, multiple ABS units in China were operating at low capacity or under maintenance, leading to tight local supply, which provided some support to prices. Currently, ABS prices are within the mid-range of the annual interval, and the rise in geopolitical risk aversion has pushed up raw material prices. This is considered a resilient (bullish) signal, suggesting limited downside potential.
Average Deviation Change Table
| Mean Difference Indicator | Today's Value (2026-08-05) | Yesterday's Value (2026-08-04) | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | -70.00 | -10.00 | - |
| 10-day Mean Difference (D10) | -25.00 | -43.33 | + |
| 20-day Mean Difference (D20) | -76.66 | -50.84 | - |
Signal Status Judgment
Downtrend Alert (Bullish Bias), corresponding symbol combination (-, +, -)
Trend Direction Conclusion
Oscillation (bullish), the reason being that the directions of the three average differences compared to the previous day are not entirely consistent, which aligns with the criteria for oscillation in the average difference method. This also falls under a resilient warning (bullish) signal. Meanwhile, multiple ABS units in China are operating at low loads or undergoing maintenance, leading to tight supply and providing some support to prices.
Spatial Reference
The 1-year and 3-month price cycles are at mid-to-low levels, with limited room for further declines; the 60-day price cycle is at mid-to-high levels, imposing certain constraints on the extent of any subsequent price increases.
Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice; the latest available data is up to August 5, 2026, and it is recommended to refer to real-time data.
