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Home > News > Price Trends > Business Society’s ABS Market Outlook on September 17, 2026: Clearly Downward

Business Society’s ABS Market Outlook on September 17, 2026: Clearly Downward

ECHEMI 2026-09-17

September 17 news

1. Mean Difference Change Table

Mean Deviation Indicator Today's Value (2026.09.16) Yesterday's Value (2026.09.15) Direction of Change
5-day Mean Deviation (D5) -73.34 -46.67 -
10-day Mean Deviation (D10) 113.34 180.00 -
20-day Mean Deviation (D20) 375.83 397.50 -

2. Signal Status Judgment

Clear bearish signals

3. Trend Direction Conclusion

The current ABS price trend is clearly downward. Reason: The 5-day, 10-day, and 20-day moving averages all showed the same direction of change as the previous day—negative—thus meeting the criteria for identifying a clear downtrend according to the moving average difference method.

4. Positional Spatial Reference

  • 60-day and 3-month cycles: ABS prices are at the 5th tier (high level), with limited room for short-term upward movement. 1 year cycle: ABS price is in the 3rd tier (median), with relatively balanced potential for increase and decrease in the medium term.

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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