IBEX 35 Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 19.938,50
- Change
- -0,22%
- 1W Change
- -1,36%
- 20D Change
- 2,88%
- EMA20
- 19.911,81
- EMA50
- 19.486,75
- EMA200
- 18.028,48
- RSI (14)
- 55,0
- ATR (14)
- 211,43
- Volatility (20D)
- 13,82%
- Distance from 20D High
- -2,05%
- Advancers
- —
- Decliners
- —
- Volume
- 107.858.866
- VIX
- 15,89
- US10Y
- 4,72%
- DXY
- 99,63
The index closed slightly lower, showing a mild pullback after recent gains. Overall momentum remains positive but has cooled from recent highs.
Market Drivers
The move was driven by a mix of profit-taking and cautious sentiment, with no clear sector leadership. Global risk appetite appears stable but not exuberant.
Trend Interpretation
Price remains above key moving averages, indicating a medium-term uptrend. Short-term momentum has flattened, suggesting consolidation.
Risk Factors
Watch for a potential increase in volatility and a pullback toward support levels. Global bond yields and currency moves could add pressure.
Bullish
In a bullish scenario, the index could resume its uptrend, building on the positive medium-term structure. Stronger momentum and broader participation would support further gains.
Neutral
In a neutral scenario, the index may trade sideways, digesting recent gains within a range. Volatility could remain moderate.
Risk
In a risk scenario, a break below key support could trigger a deeper correction. Rising volatility and deteriorating market breadth would signal caution.