August 31 news
1. Mean Deviation Change Table
| Average Difference Type | Today's Value (CNY/ton) | Yesterday's Value (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 1200 | 1600 | - |
| 10-day Average Difference (D10) | -1000 | -1100 | + |
| 20-day Average Difference (D20) | 1600 | 1800 | - |
2. Signal Status Judgment
The current average difference change combination is (－, ＋, －), which belongs to the resilience warning (biased towards bullish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating. Reason: The change in the difference between the 5-day, 10-day, and 20-day averages from the previous day is not entirely consistent, and does not meet the criteria for a clear upward or downward trend. Therefore, it is judged to be an oscillating trend, with a slightly bullish signal.
4. Location and Spatial Reference
60-day cycle: The price is at a moderate level, with relatively balanced short-term upside and downside potential. * 3-month cycle: Prices are at a mid-to-low level, with some upward potential in the medium term. 1 year cycle: Prices are at a medium-high level, with relatively limited long-term upside potential.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
