Product
Supplier
Encyclopedia
Inquiry
Home > News > Price Trends > November 4, 2026 ABS Market Perspective: Clear Decline

November 4, 2026 ABS Market Perspective: Clear Decline

ECHEMI 2026-11-04

November 4th News

1. Mean Difference Change Table

Mean Difference Indicator Today's Value (2026.11.03) Yesterday's Value (2026.11.02) Direction of Change
5-Day Mean Difference (D5) -36.66 30 -
10-Day Mean Difference (D10) 43.66 91.33 -
20-Day Mean Difference (D20) 309.34 315.84 -

2. Signal Status Determination

The current three mean difference change directions are all negative, indicating a clear downward signal.

3. Trend Direction Conclusion

The current trend in ABS prices is a clear decline. Reason: The change in the 5-day, 10-day, and 20-day moving average differences from the previous day are all negative and completely consistent, meeting the criteria for a clear downward trend.

4. Positional Spatial Reference

ABS prices on the 60-day cycle are at a high level, limiting short-term upside; prices on the 3-month cycle are elevated, constraining medium-term gains; and prices on the 1-year cycle are moderately high, capping medium- to long-term appreciation. Overall, downside room remains relatively ample.

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.
Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.