November 4 report
On November 3, 2026, hydrofluoric acid showed a volatile and strong consolidation pattern, with the 5-day moving average difference declining, while the 10-day and 20-day moving average differences increased, indicating divergent indicator directions. Upstream fluorspar prices rose slightly, and hydrofluoric acid companies generally raised their November quotes by about 600 CNY per ton, providing cost support. In terms of cycles, the 60-day period is at a mid-low level with short-term upward potential, the 3-month period is at a mid-level, and the 1-year cycle is at a high level, suggesting limited long-term upside.
1. Average Difference Change Table
| Mean Difference Indicator | Value on 2026.11.03 | Value on 2026.11.02 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 40.00 | 53.34 | - |
| 10-Day Mean Difference (D10) | 13.34 | 6.66 | + |
| 20-Day Mean Difference (D20) | 6.66 | 3.34 | + |
2. Signal status determination
The current combination of changes in successive differences is (-, +, +), which constitutes a strong consolidation (slightly bullish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating (with a bullish bias), reason: the direction of change in the three averages compared to the previous day is not entirely consistent, meeting the criteria for an oscillating trend. This is combined with a strong consolidation signal that is slightly bullish, indicating a stronger short-term trend. Fundamental support: The price of upstream fluorspar has increased slightly, and hydrogen fluoride producers have generally raised their November quotes by around 600 CNY per ton, providing cost-side support for the price.
4. Position Space Reference
The 60-day price cycle is in the second tier (mid-to-low range), leaving some short-term upside potential. The 3-month price cycle is in the third tier (mid-range). The 1-year price cycle is in the fifth tier (high range), suggesting relatively limited long-term upside.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
