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Home > News > Price Trends > ABS Market Outlook for November 3, 2026: Volatility

ABS Market Outlook for November 3, 2026: Volatility

ECHEMI 2026-11-03

November 3rd News

1. Mean Deviation Change Table

Mean Difference Indicator Today's Value (2026.11.02) Yesterday's Value (2026.11.01) Direction of Change
5-Day Mean Difference (D5) 30 -23.33 +
10-Day Mean Difference (D10) 91.33 134.00 -
20-Day Mean Difference (D20) 315.84 320.66 -

2. Signal Status Determination

The current three deviation change direction combinations are (+, -, -), corresponding to a weak rebound (bearish) signal.

3. Trend Direction Conclusion

The current ABS price trend is volatile. Reason: The changes in the three differences from the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. This is a weak rebound within a volatile range with a bearish bias. From a fundamental perspective, the overall operating load of China's ABS facilities is moderate, and the supply of goods is stable. The spot price follows the market, and a unilateral trend has not yet been formed.

4. Positional Spatial Reference

  • The 60-day cycle price is at the 5th tier (high level), limiting short-term upside;
  • The 3-month cycle price is in the 5th tier (high range), limiting medium-term upside;
  • The 1-year cycle price is in the 4th tier (mid-to-high range), and the long-term upside potential is relatively limited.

5. Trend Chart Display

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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