August 19th, news
August 19, 2026—Caustic Soda Trend Direction Conclusion: Trend Direction Conclusion: Range-bound (slightly bullish). Reason: The directions of change in the three moving averages are not entirely consistent with the previous day, meeting the criteria for a range-bound market. Among them, the 10-day moving average shifted from -0.40 to -0.20 compared to the previous day, showing a positive change; moreover, prices are currently in a low-range area across multiple timeframes, indicating strong resistance to downward pressure. Below is the detailed analysis:
1. Average Difference Change Table
2. Signal status determination
The directions of the three differences compared to the previous day are not entirely consistent, indicating a volatile state. Considering that the 10-day difference is positively recovering and the price is at a low point in multiple cycles, it can be determined as a resilience warning (favoring an upward trend).
3. Trend Direction Conclusion
The short-term price trend is volatile (leaning bullish). Reason: According to the mean deviation rule, the directions of change in the three mean deviations are not entirely consistent with the previous day, thus meeting the criteria for a volatile market. Specifically, the 10-day mean deviation rose from -0.40 to -0.20 compared to the previous day, showing a positive rebound; meanwhile, spot prices in many regions remain stable for now, and market supply and demand fluctuations are limited, providing solid support against further price declines.
4. Position Space Reference
60-day cycle price is at a low level, with limited room for decline; 3-month cycle price is at a medium-low level, providing some support; 1-year cycle price is at a low level, showing clear characteristics of a long-term bottom, with limited short-term downside space.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.