October 12th, news
1. Mean Difference Variation Table
| Average Difference Indicator | Today’s Value (CNY/ton) | Yesterday’s Value (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 225.00 | 327.50 | - |
| 10-Day Average Difference (D10) | 143.75 | 92.50 | - |
| 20-Day Average Difference (D20) | 95.62 | 71.87 | + |
2. Signal Status Determination
The current average difference change combination is (－, ＋, ＋), which is a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
Currently, PP prices are in a volatile trend. Reason: The changes in the 5-day, 10-day, and 20-day periods do not consistently follow the same direction as the previous day, which does not meet the criteria for a clear upward or downward trend. This is characteristic of a fluctuating trend. The strong consolidation signal with a bullish attribute indicates that during the fluctuation, the bullish forces are relatively dominant.
4. Positional Spatial Reference
Prices across the 60-day, 3-month, and 1-year timeframes are all in the fifth tier (high range), suggesting limited upside in both the short term and the medium to long term; investors should remain vigilant about the risk of a pullback from these elevated levels.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
