October 23rd, according to reports
1. Mean Difference Change Table
| Mean Difference Indicator | Value on 2026-10-22 | Value on 2026-10-21 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -25.00 | -25.00 | - |
| 10-Day Mean Difference (D10) | -41.25 | -43.75 | + |
| 20-Day Mean Difference (D20) | -48.13 | -41.25 | - |
2. Signal Status Judgment
The current signal is a rebound (biased towards bearish).
3. Trend Direction Conclusion
The current price trend is fluctuating. Reason: The 5-day moving average difference remained flat and slightly negative compared to the previous day, the 10-day moving average difference increased, and the 20-day moving average difference decreased; the directions of change for these three indicators are not entirely consistent, which meets the criteria for identifying a range-bound market.
4. Positional Spatial Reference
Melamine 1-year cycle price is in the 1st tier (low position), with limited room for decline.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
