DAX Daily Analysis — 2026-08-13
Session: Closing
- Close
- 26.292,00
- Change
- -0,15%
- 1W Change
- 0,58%
- 20D Change
- 5,53%
- EMA20
- 25.835,91
- EMA50
- 25.366,14
- EMA200
- 24.645,29
- RSI (14)
- 67,6
- ATR (14)
- 287,01
- Volatility (20D)
- 10,75%
- Distance from 20D High
- -1,06%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14,66
- US10Y
- 4,65%
- DXY
- 99,92
The DAX closed slightly lower, showing a mild pullback after a strong recent advance. Overall momentum remains positive, with the index holding above key moving averages.
Market Drivers
The move is driven by profit-taking after a robust rally, while broader market sentiment remains supported by stable volatility and a firm dollar.
Trend Interpretation
The index is trading above its short-term and long-term moving averages, indicating a solid uptrend. Momentum is still bullish but showing signs of cooling.
Risk Factors
Key risks include a potential rise in volatility, a pullback in global bond markets, or a stronger dollar that could pressure export-oriented stocks.
Bullish
In a bullish scenario, the index could resume its uptrend and challenge recent highs, supported by sustained buying interest and improving market breadth.
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 deeper correction could occur if momentum fades and the index breaks below key support levels, leading to increased volatility.