IBEX 35 Daily Analysis — 2026-08-26
Session: ClosingLatest
- Close
- 20,067.30
- Change
- 0.05%
- 1W Change
- 1.11%
- 20D Change
- 3.37%
- EMA20
- 19,946.83
- EMA50
- 19,591.96
- EMA200
- 18,154.55
- RSI (14)
- 58.2
- ATR (14)
- 194.52
- Volatility (20D)
- 9.13%
- Distance from 20D High
- -1.42%
- Advancers
- —
- Decliners
- —
- Volume
- 107,858,866
- VIX
- 15.21
- US10Y
- 4.66%
- DXY
- 99.14
The index closed slightly higher, maintaining a positive tone over the past month. Market breadth appears mixed, with a modest advance.
Market Drivers
The move is supported by a generally stable risk environment, with volatility at moderate levels and a slight upward bias in recent sessions.
Trend Interpretation
Price action remains above key moving averages, indicating a bullish medium-term trend. Momentum is positive but not overbought, suggesting room for further upside.
Risk Factors
Key risks include a potential pullback from recent highs, as the index is slightly below its 20-day high. Also, global factors such as bond yields and currency movements could introduce volatility.
Bullish
In a bullish scenario, the index could continue its upward trajectory, breaking above recent highs with increasing participation. Sustained momentum and supportive global conditions would favor this outcome.
Neutral
A neutral scenario would see the index consolidating within a range, with limited directional bias. Volatility may remain moderate, and the index could oscillate around current levels.
Risk
In a risk scenario, the index could face a correction, potentially testing lower support levels. A deterioration in market sentiment or an unexpected shock could trigger this downside move.