October 23rd, according to reports
1. Mean Difference Variation Table
| Mean Difference Indicator | Today’s Value (2026.10.22) | Yesterday’s Value (2026.10.21) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 111.33 | 131.33 | - |
| 10-Day Mean Difference (D10) | 64.00 | 46.34 | + |
| 20-Day Mean Difference (D20) | 278.17 | 290.33 | - |
2. Signal Status Determination
The current signal is a rebound (with a bearish bias).
3. Trend Direction Conclusion
The trend is volatile (bearish). Reason: The direction of change in the 5-day, 10-day, and 20-day moving averages is not entirely consistent with that of the previous day, yielding a negative–positive–negative combination. This pattern aligns with the characteristics of a pullback amid bearish pressure, indicating that short-term upward momentum is weakening and medium- to long-term support is losing strength.
4. Positional Spatial Reference
Over the past 60-day and three-month cycles, ABS prices have both been in the fifth tier (high levels), while over the past year they have remained in the fourth tier (mid-to-high levels). Consequently, there is relatively limited room for further gains, and a temporary pullback cannot be ruled out. Supplementary reference: Currently, the price support for upstream raw materials of ABS, such as butadiene and styrene, is moderate. The terminal demand from downstream sectors like home appliances and auto parts is in the traditional off-season, leading to a relatively loose supply and demand situation in China.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
