MERVAL Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 2.890.192,75
- Change
- -1,94%
- 1W Change
- -7,43%
- 20D Change
- -12,19%
- EMA20
- 3.106.285,08
- EMA50
- 3.123.262,31
- EMA200
- 2.884.146,52
- RSI (14)
- 30,1
- ATR (14)
- 85.997,35
- Volatility (20D)
- 26,29%
- Distance from 20D High
- -14,74%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15,79
- US10Y
- 4,71%
- DXY
- 99,66
The index closed lower with a notable weekly decline, reflecting persistent selling pressure and a cautious market tone.
Market Drivers
The move is driven by broad risk-off sentiment, with investors rotating away from equities amid global uncertainty.
Trend Interpretation
Price is trading below key short-term and medium-term moving averages, indicating a bearish trend structure with momentum to the downside.
Risk Factors
Key risks include sustained volatility and the potential for further downside if support levels fail to hold.
Bullish
In a bullish scenario, the index could stabilize and rebound, reclaiming lost moving averages and restoring positive momentum.
Neutral
In a neutral scenario, the index may consolidate within a range, with buyers and sellers balanced as the market digests recent losses.
Risk
In a risk scenario, continued selling pressure could lead to a deeper correction, with the index testing lower support levels.