August 31st News
1. Average Difference Variation Table
| Average Difference Type | Today’s Value (2026-08-30) | Yesterday’s Value (2026-08-29) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -0.8 | -48.75 | + |
| 10-day Average Difference (D10) | -131.78 | -94.39 | - |
| 20-day Average Difference (D20) | 85.99 | 104.70 | - |
2. Signal Status Determination
Three variations in the direction of change are combined as (+, -, -), indicating a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The current PTA price trend is fluctuating. Reason: The change in direction of the 5-day, 10-day, and 20-day moving average differences from the previous day is not completely consistent, meeting the criteria for a fluctuating market. It is currently in a weak rebound phase with a bearish bias.
4. Positional Spatial Reference
The 60-day price cycle is in the 4th tier (mid-to-high range), with relatively limited upside potential.
The 3-month cycle price is in the 3rd tier (median).
The 1-year cycle price is in the 4th tier (mid-to-high range).
Given the current weak rebound signal, there is a possibility of a subsequent correction in China.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.