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Home > News > Price Trends > Business Society October 23, 2026 PET Trend Analysis: Volatile with a Slight Bullish Bias

Business Society October 23, 2026 PET Trend Analysis: Volatile with a Slight Bullish Bias

ECHEMI 2026-10-23

October 23rd report:

The latest available PET data is up to October 22, 2026. It is recommended to refer to real-time data.

1. Mean Difference Change Table

Difference Type Today’s Value (2026-10-22) Yesterday’s Value (2026-10-21) Direction of Change
5-Day Difference (D5) -31.33 -49.08 +
10-Day Difference (D10) -39.78 -42.85 +
20-Day Difference (D20) -23.55 -2.14 -

2. Signal Status Judgment

The current signal is a strong rebound (bullish, rebound in nature).

3. Trend Direction Conclusion

The short-term trend is oscillating. Reason: The direction of change in the three averages compared to the previous day is (+, +, -). The directions of change are not completely consistent, which meets the criteria for oscillation, and it is a rebound-type oscillation with a bullish attribute.

4. Position Space Reference

PET prices on the 60-day cycle are in the fourth tier (mid-to-high range), while those on the 3-month and 1-year cycles are both in the fifth tier (high range). Overall, price levels remain relatively elevated, with limited room for further upside.

5. Trend Chart Display

6. Risk Warning

The above analysis is for reference only and does not constitute trading advice.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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