IBEX 35 Daily Analysis — 2026-08-20
Session: ClosingLatest
- Close
- 19,818.00
- Change
- -0.15%
- 1W Change
- -1.74%
- 20D Change
- 2.86%
- EMA20
- 19,897.05
- EMA50
- 19,513.21
- EMA200
- 18,067.46
- RSI (14)
- 50.2
- ATR (14)
- 202.53
- Volatility (20D)
- 12.21%
- Distance from 20D High
- -2.65%
- Advancers
- —
- Decliners
- —
- Volume
- 107,858,866
- VIX
- 15.74
- US10Y
- 4.70%
- DXY
- 98.82
The index closed slightly lower, showing a mild pullback after recent gains. Market sentiment remains cautious with moderate volatility.
Market Drivers
The move is driven by a mix of profit-taking and uncertainty in global markets, as investors weigh economic data and corporate earnings.
Trend Interpretation
The index is trading above its medium-term and long-term moving averages, indicating a broader uptrend, but short-term momentum has stalled as it hovers near its 20-day average.
Risk Factors
Key risks include a potential rise in volatility, a stronger dollar, and rising bond yields, which could pressure equities.
Bullish
In a bullish scenario, the index could resume its uptrend if it holds above key moving averages and market breadth improves, leading to a breakout to new highs.
Neutral
In a neutral scenario, the index may consolidate within a range, with buyers and sellers balanced, as it digests recent gains.
Risk
In a risk scenario, a break below critical support levels could trigger further downside, especially if volatility spikes and risk appetite fades.