August 12th, according to news,
On August 11, the 5-day average difference of ethylene glycol turned positive and moved upward, while the 10-day and 20-day average differences moved downward. The combination of average differences (+, -, -) is judged as a weak rebound (bearish). The directions of the three groups of average differences are diverging, and the market remains volatile, with no unilateral trend. The price of the commodity is at a high level in the one-year cycle, and at a high level in the 60-day and 3-month cycles, with limited upside space and greater pressure for a pullback.
1. Average Difference Variation Table
| Average Difference Type | Today's Value (2026-08-11) | Yesterday's Value (2026-08-10) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 3.00 | -9.33 | + |
| 10-day Average Difference (D10) | -37.50 | -17.67 | - |
| 20-day Average Difference (D20) | 77.17 | 84.92 | - |
2. Signal status determination
The combination of mean difference symbols (+, -, -) indicates a weak rebound (bearish).
3. Trend Direction Conclusion
Oscillation. The 5-day average difference has turned from negative to positive, while the 10-day and 20-day average differences continue to decline. The inconsistent directions of the three indicate a weak rebound signal in an oscillation pattern, with no clear unilateral trend of rise or fall.
4. Positional Spatial Reference
Ethylene glycol prices are at a medium-high level on an annual cycle, and at a high level on 60-day and 3-month cycles. The short-term upside is limited, and there is significant pressure for a correction.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
