October 23rd, according to reports
[Key Takeaway] In the short term, 1,4-butanediol is exhibiting a weak rebound amid bearish volatility, with prices at elevated levels across multiple timeframes and a relatively high risk of a pullback.
1. Average Difference Change Table
| Difference Type | Today’s Value (2026-10-22) | Yesterday’s Value (2026-10-21) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -3.33 | -6.67 | + |
| 10-Day Difference (D10) | -6.67 | -5.00 | - |
| 20-Day Difference (D20) | 44.17 | 52.50 | - |
2. Signal Status Judgment
The combination of the three differences changing direction from the previous day is (+, -, -), which is a signal of a weak rebound (bearish).
3. Trend Direction Conclusion
The short-term trend is range-bound (bearish). Reason: The directional changes in the 5-day, 10-day, and 20-day moving averages are not fully consistent with the previous day, failing to meet the criteria for a clear uptrend or downtrend. Instead, this aligns with the weak rebound (bearish) pattern characteristic of a ranging market under the moving-average difference method.
4. Positional Space Reference
1,4-butanol prices for 60-day, 3-month, and 1-year periods in China are all at the 5th tier (high), with very limited short-term upside potential and a high risk of correction.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
