October 23rd report:
1. Mean Deviation Change Table
| Mean Difference Indicator | Today’s Value (2026.10.22) | Yesterday’s Value (2026.10.21) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -70.00 | -120.00 | + |
| 10-Day Mean Difference (D10) | -88.33 | -58.33 | - |
| 20-Day Mean Difference (D20) | 68.33 | 92.50 | - |
2. Signal Status Judgment
Currently, this is a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The trend is range-bound (with a bearish bias). Reason: The 5-day, 10-day, and 20-day moving averages all exhibit slightly divergent directional changes compared to the previous day, with a positive–negative–negative combination. This pattern aligns with the characteristics of a bearish‑biased rebound within a ranging market, while medium- to long-term upward momentum has begun to weaken.
4. Positional Space Reference
- Near‑1‑year cycle: PC prices are at the third tier (mid‑range), with relatively balanced upside and downside potential.
- Over the past three-month cycle: PC prices are in the fourth tier (mid-to-high range), facing significant upward pressure;
- Near‑60‑day cycle: PC prices are at the second tier (mid‑to‑low range), leaving room for a short‑term corrective rally, but constrained by the medium‑term trend, limiting the sustainability of any rebound.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.