August 13th News
1. Mean Difference Change Table
| Average Difference Type | Today’s Value (2026-08-12) | Yesterday’s Value (2026-08-11) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 0.80 | -11.82 | + |
| 10-Day Average Difference (D10) | 4.46 | 17.53 | - |
| 20-Day Average Difference (D20) | 13.57 | -3.44 | + |
2. Signal Status Judgment
Stagflation Alert (Bearish)
3. Trend Direction Conclusion
Volatility, reason: The direction of change in the three mean differences is not entirely consistent with the previous day; the combination of signs is (+, -, +), which meets the volatility criteria for stagflation warning (bearish).
4. Positional Spatial Reference
The PTA 1-year cycle price is at a medium-to-high level, with limited room for further increases; the 60-day cycle is at a mid-level, and the 3-month cycle is at a medium-to-low level. Given the constrained upward potential above the current price level and the combination with bearish oscillation signals, attention should be paid to the risk of a price pullback.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.