MERVAL Daily Analysis — 2026-08-28
Session: ClosingLatest
- Close
- 2,982,592.25
- Change
- -0.62%
- 1W Change
- 2.38%
- 20D Change
- -9.75%
- EMA20
- 3,033,519.72
- EMA50
- 3,087,674.05
- EMA200
- 2,920,030.09
- RSI (14)
- 41.9
- ATR (14)
- 74,648.26
- Volatility (20D)
- 22.08%
- Distance from 20D High
- -11.43%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.45
- US10Y
- 4.72%
- DXY
- 99.65
The index closed slightly lower, extending a short-term pullback while still holding above its long-term trend line.
Market Drivers
The move reflects cautious sentiment amid mixed global cues, with investors weighing recent gains against elevated volatility.
Trend Interpretation
Price is below its short and medium-term averages but above the long-term average, indicating a corrective phase within a broader uptrend.
Risk Factors
Key risks include a break below the long-term average, which could signal a deeper correction, and rising volatility.
Bullish
A rebound from current levels, supported by stabilizing momentum, could lead to a retest of the medium-term average and then the recent high.
Neutral
The index may consolidate in a range, oscillating between the short-term average and the long-term average as it builds a base.
Risk
If selling pressure intensifies, the index could slide toward the long-term average, and a decisive break below would open the door to further downside.