Spain Stock Market Index (IBEX 35)

The overall recommendation is Buy based on technical indicators and moving averages. An RSI between 30 and 70 is pretty normal, showing a neutral rating. The MACD line is above the signal line which is a bullish hint. The 10-day EMA is above the 20-day EMA which suggests short-term strength. The current price is above the 50-day SMA which is a sign of medium-term strength. The 50-day SMA is above the 200-day SMA, supporting a longer-term positive trend. The ATR is 164.22 which gives a sense of the current price volatility.

Bankinter forecasts the IBEX 35 to reach 12,500 points by the end of 2025, a projected 9.2% increase. Singular Bank expects a 10% total return for the Spanish stock market in 2025 with the IBEX 35 closing at 12,400 points. These projections are supported by the ongoing strength of the financial sector which continues to benefit from high interest rates. Companies in renewable energy, banking and stainless steel production are identified as financially robust and well-integrated within the European Union economy, positively influencing the IBEX 35.