IBEX 35 (IBEX) Down $6 in Last 4 Hours, Entered Today Up 0.11%; Price Base in Formation Over Past 90 Days

IBEX 35 4 Hour Price Update

Updated September 15, 2020 11:15 PM GMT (07:15 PM EST)

IBEX 35 is down 0.09% (6) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 3 four-hour candle positive run. Relative to other instruments in the equity indices asset class, IBEX 35 ranked 8th since the last 4 hour candle in terms of percentage price change.

IBEX 35 Daily Price Recap

6951.1 was the closing price of the day for IBEX 35, resulting in today being one in which price moved up 0.11% ($7.9) from the day prior. Out of the 14 instruments in the equity indices asset class, IBEX 35 ended up ranking 10th for the day in terms of price change relative to the day prior. Below is a daily price chart of IBEX 35.

IBEX

IBEX 35 Technical Analysis

Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For additional context, note that price has gone up 5 out of the past 10 days.