MERVAL Daily Analysis — 2026-08-31
Session: ClosingLatest
- Close
- 3,033,608.00
- Change
- 1.82%
- 1W Change
- 1.29%
- 20D Change
- -7.83%
- EMA20
- 3,033,259.26
- EMA50
- 3,085,435.23
- EMA200
- 2,918,256.73
- RSI (14)
- 47.7
- ATR (14)
- 75,280.31
- Volatility (20D)
- 23.59%
- Distance from 20D High
- -7.88%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.92
- US10Y
- 4.76%
- DXY
- 99.42
The index closed with a modest gain, showing a slight recovery after a recent pullback. Momentum indicators are neutral, suggesting a period of consolidation.
Market Drivers
The move is driven by a mild rebound in risk appetite, though overall market breadth remains mixed. External factors like global volatility and currency movements are influencing sentiment.
Trend Interpretation
Price is hovering near its short-term average but below the medium-term average, indicating a lack of clear directional trend. Momentum is neutral, with no strong bullish or bearish signals.
Risk Factors
Key risks include a potential breakdown below recent support levels, elevated volatility, and external pressures from global markets and currency fluctuations.
Bullish
In a bullish scenario, the index could regain upward momentum, reclaiming key moving averages and extending gains as buying interest strengthens.
Neutral
In a neutral scenario, the index may continue to trade sideways within a range, with limited upside and downside as market participants await clearer signals.
Risk
In a risk scenario, the index could face renewed selling pressure, leading to a test of lower support levels and a continuation of the recent downtrend.