IBEX 35 Daily Analysis — 2026-09-10
Session: ClosingLatest
- Close
- 19,659.80
- Change
- -0.18%
- 1W Change
- -1.70%
- 20D Change
- -2.52%
- EMA20
- 19,904.72
- EMA50
- 19,700.03
- EMA200
- 18,384.62
- RSI (14)
- 41.7
- ATR (14)
- 215.87
- Volatility (20D)
- 10.11%
- Distance from 20D High
- -2.74%
- Advancers
- —
- Decliners
- —
- Volume
- 107,858,866
- VIX
- 17.84
- US10Y
- 4.94%
- DXY
- 99.10
The IBEX 35 closed slightly lower, extending a mild weekly and monthly decline. Momentum remains soft with the index trading below its short-term moving average.
Market Drivers
The move reflects cautious sentiment amid elevated global bond yields and a firm dollar, which tend to weigh on European equities. Volatility is moderate but not extreme.
Trend Interpretation
The index is below its short-term moving average but still above its longer-term averages, suggesting a short-term pullback within a broader uptrend. Momentum is weak, with RSI in neutral-to-bearish territory.
Risk Factors
Key risks include a continued rise in bond yields, a stronger dollar, and a potential break below the medium-term moving average. Market breadth data is unavailable, adding uncertainty.
Bullish
In a bullish scenario, the index stabilizes above its medium-term moving average and reclaims the short-term average, with momentum turning higher and volatility easing.
Neutral
In a neutral scenario, the index remains range-bound between its short-term and medium-term moving averages, with low directional conviction and moderate volatility.
Risk
In a risk scenario, the index breaks below its medium-term moving average, momentum weakens further, and selling pressure accelerates toward the longer-term average.