September 9th, news:
1. Average Difference Variation Table
| Indicator | Today’s Value (2026-09-08) | Yesterday’s Value (2026-09-07) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 59.00 | -102.40 | + |
| 10-day Average Difference (D10) | 71.55 | 110.02 | - |
| 20-day Average Difference (D20) | 59.78 | 35.27 | + |
2. Signal Status Determination
The current mean difference change combination is (+, -, +), which is a stagnation warning (bearish) signal.
3. Trend Direction Conclusion
The current PTA price trend is oscillating (with a bearish bias). Reason: The changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are not entirely consistent, failing to meet the criteria for a clear upward or downward trend. Therefore, it is judged as oscillating, with an added signal of stagnation, making the overall trend bearish.
4. Positional Spatial Reference
PTA 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high position) of the 5-tier system in China, with limited room for further increases and a high probability of price declines.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
