IBEX 35 Daily Analysis — 2026-08-18

Session: ClosingLatest

NY: 08/18/2026, 11:46 AM
Local: ...
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.