September 29 report:
[Key Takeaway] Ethanol is currently trading in a short-term pullback with bearish volatility, hovering near the 60-day cycle high, leaving limited room for further upside in the near term.
The latest available data is up to September 28, 2026, and it is recommended to refer to real-time data.
1. Average Difference Change Table
| Type of Average Difference | Today’s Value (2026.09.28) | Yesterday’s Value (2026.09.27) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 6.67 | 8.00 | - |
| 10-Day Average Difference (D10) | 9.67 | 8.00 | + |
| 20-Day Average Difference (D20) | 11.53 | 12.75 | - |
2. Signal Status Determination
Oscillation Signal (Rebound, Bearish)
3. Trend Direction Conclusion
The short-term trend is range-bound (a pullback leaning bearish). Reason: The 5-day, 10-day, and 20-day moving averages all changed in directions opposite to the previous day—(-, +, -)—with inconsistent directional signals, thus satisfying the range‑bound criteria under the moving average method and indicating a pullback that leans bearish. On the fundamentals front, ethanol production facilities are operating normally, downstream demand remains rigid, and factories face no inventory pressure, limiting the potential for a near-term price decline.
4. Position and Spatial Reference
The 60-day cycle price of ethanol is in the 5th tier (high), with limited short-term upside potential; the 3-month cycle price is in the 4th tier (mid-high), and the 1-year cycle price is in the 3rd tier (mid-range), with moderate long-term price support.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
