October 15th, according to reports
1. Mean Difference Change Table
| Average Difference Type | Value on 2026-10-14 | Value on 2026-10-13 | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -7800 | -6600 | - |
| 10-Day Average Difference (D10) | -3000 | -1500 | - |
| 20-Day Average Difference (D20) | -2550 | -2300 | - |
2. Signal Status Judgment
Clearly identify a downtrend signal
3. Trend Direction Conclusion
The trend is clearly downward. Reason: The 5-day, 10-day, and 20-day moving averages all changed in the same direction—downward—compared with the previous trading day, consistent with the moving-average method’s criterion for identifying a clear downtrend.
4. Positional Spatial Reference
Over the 60-day and 3-month cycles, prices are in the first tier (low range), leaving limited room for short-term declines; over the 1-year cycle, prices are in the second tier (mid-to-low range), with still some potential for both upward and downward movement in the longer term.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.