October 10th report:
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) | 200 | 2,400 | - |
| 10-Day Average Difference (D10) | 400 | 100 | + |
| 20-Day Average Difference (D20) | -4,100 | -4,450 | + |
2. Signal Status Judgment
The current signal indicates strong consolidation (slightly bullish).
3. Trend Direction Conclusion
The current price trend is oscillating. Reason: The changes in the three differences from the previous day are (-, +, +), indicating inconsistent change directions. This meets the criteria for oscillation and is considered a strong consolidation with a bullish nature.
4. Location and Spatial Reference
On the 60-day cycle, prices are in the first tier (low range), with limited downside; on the 3-month cycle, prices remain in the first tier (low range); and on the 1-year cycle, prices are in the second tier (mid‑low range). Overall, current price levels are relatively low, suggesting that upside potential outweighs downside risk going forward.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
