IBEX 35 Daily Analysis — 2026-08-31
Session: ClosingLatest
- Close
- 19,974.10
- Change
- -0.34%
- 1W Change
- -0.62%
- 20D Change
- -0.04%
- EMA20
- 19,952.53
- EMA50
- 19,634.39
- EMA200
- 18,229.25
- RSI (14)
- 53.2
- ATR (14)
- 195.96
- Volatility (20D)
- 7.53%
- Distance from 20D High
- -1.88%
- Advancers
- —
- Decliners
- —
- Volume
- 107,858,866
- VIX
- 14.92
- US10Y
- 4.76%
- DXY
- 99.42
The index closed slightly lower, showing a mild pullback after recent gains. Market breadth appears mixed, with a cautious tone prevailing.
Market Drivers
The move is driven by a combination of profit-taking and a wait-and-see attitude among investors, with no clear sector leadership.
Trend Interpretation
The index remains above its key moving averages, indicating a medium-term uptrend, but short-term momentum has cooled off.
Risk Factors
Key risks include a potential rise in volatility and a further deterioration in market breadth, which could signal a deeper correction.
Bullish
In a bullish scenario, the index could resume its upward trajectory if buying interest returns and momentum strengthens, supported by a stable external environment.
Neutral
In a neutral scenario, the index may trade sideways, consolidating recent gains within a range, as investors await fresh catalysts.
Risk
In a risk scenario, a break below key support levels could trigger a more pronounced decline, especially if volatility spikes and risk appetite fades.