Ibex 35 maintains bullish momentum and aims for new highs: target at 16,280

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By Jack Ferson

The IBEX 35 continued to show strength in yesterday’s session, Friday, standing around 15,650 points. In weekly terms, the Spanish selective accumulates an increase of 0.44%, maintaining the positive trend observed since last week.

The weekly technical analysis indicates that The highs and lows of the Ibex 35 continue to increase, confirming the bullish inertia. The medium-term guideline, drawn from the April 2025 lows, remains in force, and the latest rising lows, specifically the 15,052 points, act as key support. As long as these levels are not breached, the risk of a short-term correction remains limited.

The most likely scenario continues to be the surpassing of new annual highs, with a theoretical objective close to 16,280 points, implying an upside potential close to 4% from current levels.

See here the complete analysis of the values ​​that make up the Ibex 35

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