September 22 report:
On September 21, 2026, the cyclical moving averages of propylene oxide all weakened in tandem. The 5-day, 10-day, and 20-day moving averages all turned negative compared to the previous day, triggering a clear bearish signal under the moving-average method. Meanwhile, current prices remain in the mid-to-high or high range across multiple timeframes, with insufficient upward momentum and ample room for further declines, indicating an overall downward trend in the short term.
1. Mean Difference Change Table
| Difference Type | Value on September 21, 2026 | Value on September 20, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -406.66 | -80.00 | - |
| 10-Day Difference (D10) | -23.34 | 63.33 | - |
| 20-Day Difference (D20) | 813.33 | 928.33 | - |
2. Signal Status Determination
Clearly identify a downtrend signal
3. Trend Direction Conclusion
Downward trend, rationale: The 5-day, 10-day, and 20-day moving averages all exhibited the same directional change as the previous day—negative—thus satisfying the clear-cut downward‑trend criterion of the moving-average method.
4. Positional Space Reference
The price of propylene oxide is in the mid-high range (4th tier) over a 60-day cycle, in the high range (5th tier) over a 3-month cycle, and in the mid-high range (4th tier) over a 1-year cycle. The current price has limited room for increase and there is some potential for a decrease.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
