Today, the spot price of epoxy resins in China continues to decline, with the average difference indicator releasing a clear signal of a downward trend. Considering that the price is currently in a low range over a 1-year cycle, the short-term downward space for prices may be relatively limited.
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value | Yesterday's Value | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -120 | 0 | - |
| 10-Day Average Difference (D10) | -80 | -50 | - |
| 20-Day Average Difference (D20) | 67.5 | 128.75 | - |
II. Signal State Determination
The changes in the three mean differences all point in the same direction as the previous day and are all negative, indicating a clear downward signal.
III. Conclusion on Trend Direction
The price trend is clearly downward. Reason: The 5-day, 10-day, and 20-day moving averages all showed negative changes compared to yesterday, conforming to the rule in the moving average difference method that "if all three are negative, the trend is clearly downward."
IV. Positional Spatial Reference
1-year cycle price position: low, with limited downside potential;
Price position for the 3-month cycle: Mid-to-low range;
60-day cycle price position: Median.
Overall, the current price is in a low range in the long-term cycle, and the space for continuous short-term declines is somewhat limited.
Five, Display of Trend Chart
VI. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
