August 14th News
1. Average Difference Variation Table
| Average Difference Type | Today’s Value (2026-08-13) | Yesterday’s Value (2026-08-12) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 7.46 | 0.80 | + |
| 10-day Average Difference (D10) | -0.51 | 4.46 | - |
| 20-day Average Difference (D20) | 23.15 | 13.57 | + |
2. Signal Status Determination
Stagflation warning (bearish), corresponding to the mean difference change symbol combination (+, -, +)
3. Trend Direction Conclusion
Oscillation (Bearish Bias). Reason: The directions of the three average differences compared to the previous day are not completely consistent, with the sign combination being (+, -, +), which aligns with the oscillation characteristics of a stagnation warning, presenting an overall bearish signal.
4. Positional Spatial Reference
The PTA 1-year cycle price is at a medium-to-high level, with limited room for further increases; the 3-month cycle is at a medium-to-low level, and the 60-day cycle is at a mid-level. Although the current price level does offer some support, its medium-to-high positioning restricts upward potential, making downward correction pressure relatively pronounced.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.