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Home > News > Price Trends > Business Society’s ABS Market Outlook on August 19, 2026: Clearly Upward

Business Society’s ABS Market Outlook on August 19, 2026: Clearly Upward

ECHEMI 2026-08-19

August 19 news

1. Mean Deviation Change Table

Mean Deviation Indicator Today’s Value (2026.08.18) Yesterday’s Value (2026.08.17) Direction of Change
5-day Mean Deviation (D5) 160.00 71.67 +
10-day Mean Deviation (D10) 147.67 136.00 +
20-day Mean Deviation (D20) 68.66 32.83 +

II. Signal State Determination

The current changes in all three differences are positive, indicating a clear upward signal.

III. Conclusion on Trend Direction

The price trend is clearly rising, reason: the changes in the 5-day, 10-day, and 20-day moving average differences compared to yesterday are completely consistent and all positive, meeting the criteria for a clearly rising trend according to the moving average difference method.

Four, Spatial Reference

1 year cycle price is at a moderately low level, with limited room for decline; the 3-month cycle is at a moderately high level, and the 60-day cycle is at a high level, with limited room for increase. Overall, there is some support for a price increase in the long term, but the short-term high level may constrain the upward momentum.

5. Trend Chart Display

Risk Warning

The above analysis is for reference only and does not constitute trading advice.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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