Bovespa Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 166.409,56
- Change
- -0,23%
- 1W Change
- -0,87%
- 20D Change
- -4,27%
- EMA20
- 171.314,73
- EMA50
- 173.426,99
- EMA200
- 170.203,23
- RSI (14)
- 33,2
- ATR (14)
- 2.432,87
- Volatility (20D)
- 17,57%
- Distance from 20D High
- -7,90%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15,79
- US10Y
- 4,71%
- DXY
- 99,66
The index closed slightly lower, extending a recent pullback amid cautious sentiment.
Market Drivers
The move reflects broad risk-off sentiment, with investors weighing global macro headwinds and domestic uncertainties.
Trend Interpretation
Price is trading below key short-term and medium-term moving averages, indicating a bearish short-term trend, though it remains above the long-term average, suggesting a longer-term uptrend is still intact.
Risk Factors
Key risks include a further deterioration in momentum, a break below long-term support, and rising volatility.
Bullish
In a bullish scenario, the index could stabilize and rebound, reclaiming lost moving averages and resuming the longer-term uptrend.
Neutral
In a neutral scenario, the index may consolidate within a range, with buyers and sellers balanced as the market digests recent losses.
Risk
In a risk scenario, continued selling pressure could push the index below long-term support, opening the door to a deeper correction.