August 17th News
1. Mean Difference Variation Table
| Average Difference Type | Today’s Value (2026-08-16) | Yesterday’s Value (2026-08-15) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 3.80 | 8.32 | - |
| 10-day Average Difference (D10) | 6.44 | 9.33 | - |
| 20-day Average Difference (D20) | 33.55 | 30.52 | + |
2. Signal Status Determination
(-, -, +), indicating a deep pullback (bearish, with a corrective nature).
3. Trend Direction Conclusion
Oscillation (biased downwards), reason: The directions of change for the three averages compared to the previous day are not entirely consistent. Among them, the 5-day and 10-day averages have decreased compared to yesterday, while the 20-day average has increased, which fits the signal of a deep correction biased downwards within the oscillation range.
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 price is at a high level, with further upside potential constrained; and the 3-month cycle price is at a medium-to-low level, offering some support against further declines.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.