IBEX 35 Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 19,955.90
- Change
- 0.73%
- 1W Change
- -1.00%
- 20D Change
- 1.89%
- EMA20
- 19,902.06
- EMA50
- 19,530.30
- EMA200
- 18,068.02
- RSI (14)
- 55.2
- ATR (14)
- 203.05
- Volatility (20D)
- 11.10%
- Distance from 20D High
- -1.97%
- Advancers
- —
- Decliners
- —
- Volume
- 107,858,866
- VIX
- 15.25
- US10Y
- 4.74%
- DXY
- 98.84
The index closed higher, showing a modest rebound after a weekly decline, with momentum indicators pointing to a neutral-to-positive short-term bias.
Market Drivers
The advance is supported by a stabilization in global risk sentiment, as reflected in lower volatility and a softer dollar, while investors weigh mixed economic signals.
Trend Interpretation
Price remains above key moving averages, indicating a medium-term uptrend, though short-term momentum is moderate and not overbought.
Risk Factors
Key risks include a potential pullback toward the 20-day average if buying pressure fades, and external factors such as rising bond yields or a stronger dollar could weigh on equities.
Bullish
In a bullish scenario, sustained buying above recent highs could extend the uptrend, with improving market breadth and continued low volatility supporting further gains.
Neutral
In a neutral scenario, the index may consolidate within a range, with alternating sessions of gains and losses as investors await clearer directional catalysts.
Risk
In a risk scenario, a break below key support levels could trigger a deeper correction, especially if volatility spikes or global risk appetite deteriorates.