Chile�s IPSA Holds the Line as Technical Pressure and Global Caution Dominate Trading

INSUBCONTINENT EXCLUSIVE:
The S&P IPSA index closed June 19, 2025, at 8,077.48, slipping 0.11% from the previous session, according to official Santiago exchange data
and TradingView charts
equity market showed muted activity
Global Caution Dominate Trading
(Photo Internet reproduction)The index sits just above its 50-day moving average, a level that has repeatedly acted as support since early
2025
IPSA Faces Technical PressureThe Moving Average Convergence Divergence (MACD) remains negative, with the MACD line below the signal line and
a red histogram, confirming a loss of bullish drive.Bollinger Bands have narrowed, and the price hugs the lower band, reflecting compressed
volatility and a lack of buying conviction
The Ichimoku Cloud shows the IPSA near its lower edge, highlighting the risk of further downside if sellers persist.The 4-hour chart
supports this cautious outlook
The index trades near the lower Bollinger Band, with the RSI at 38.09, indicating short-term oversold conditions but no clear reversal.The
MACD remains negative, and the signal line sits below the MACD line, reinforcing bearish momentum
The IPSA repeatedly failed to reclaim the 8,200 resistance zone, and support at 8,012 remains in focus for short-term traders.Among the
On the losing side, SQM B fell 2.79%, Andina B dropped 2.57%, and ENEL Americas lost 2.05%.These moves reflected sector-specific news and
earnings, as well as broader risk-off sentiment
gains.The fundamentals remain stable, with a price-to-earnings ratio near 10x and inflation contained at 4.5%
weakness and global uncertainty