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) | 18.00 | 30.00 | - |
| 10-Day Mean Difference (D10) | -57.80 | -68.00 | + |
| 20-Day Mean Difference (D20) | -81.30 | -74.40 | - |
2. Signal Status Judgment
Short-covering (with a bearish bias)
3. Trend Direction Conclusion
The current trend in palm oil prices is fluctuating. Reason: The 5-day, 10-day, and 20-day average differences compared to the previous day have changed in the directions of (-, +, -), respectively. The changes in these three averages are not completely consistent, which meets the criteria for a fluctuating market according to the average difference method. This indicates a bearish rebound.
4. Positional Spatial Reference
Prices on the 60-day and 3-month cycles are both in the first tier (low range), limiting downside; the 1-year cycle price is in the third tier (mid-range), with relatively balanced upside and downside potential.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
