IBEX 35 Daily Analysis — 2026-08-12
Session: Closing
- Close
- 20.204,40
- Change
- -0,05%
- 1W Change
- 0,74%
- 20D Change
- 4,82%
- EMA20
- 19.843,50
- EMA50
- 19.387,78
- EMA200
- 17.926,34
- RSI (14)
- 66,7
- ATR (14)
- 229,74
- Volatility (20D)
- 13,57%
- Distance from 20D High
- -0,60%
- Advancers
- —
- Decliners
- —
- Volume
- 107.858.866
- VIX
- 14,55
- US10Y
- 4,68%
- DXY
- 99,98
The index closed nearly flat, showing a slight negative bias after a strong weekly gain. Momentum remains positive but is showing signs of cooling.
Market Drivers
The move is driven by a mix of profit-taking after recent gains and a cautious tone from global markets. The US dollar and bond yields are firm, which may weigh on equities.
Trend Interpretation
Price is above key moving averages, indicating a solid uptrend. Momentum is positive but not overbought, suggesting room for further upside if supported.
Risk Factors
Key risks include a potential pullback due to overextension, rising volatility, and a firm dollar that could pressure export-oriented sectors.
Bullish
In a bullish scenario, the index could continue its upward trajectory, building on the positive momentum and breaking to new highs.
Neutral
In a neutral scenario, the index may consolidate within a range, digesting recent gains while awaiting fresh catalysts.
Risk
In a risk scenario, a sharp increase in volatility or a break below key support could trigger a deeper correction.