DAX Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 26,128.36
- Change
- -0.80%
- 1W Change
- -1.00%
- 20D Change
- 4.47%
- EMA20
- 25,954.75
- EMA50
- 25,471.83
- EMA200
- 24,705.80
- RSI (14)
- 59.0
- ATR (14)
- 270.60
- Volatility (20D)
- 11.35%
- Distance from 20D High
- -1.68%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.84
- US10Y
- 4.71%
- DXY
- 99.66
The index is experiencing a modest pullback after a recent advance, with momentum showing signs of cooling.
Market Drivers
The move is driven by a combination of profit-taking and cautious sentiment amid elevated volatility.
Trend Interpretation
Price remains above key moving averages, indicating a broader uptrend, but short-term momentum has turned slightly negative.
Risk Factors
Key risks include a potential break below short-term support and a rise in volatility, which could accelerate the pullback.
Bullish
In a bullish scenario, the index could stabilize near current levels and resume its upward trajectory, supported by a strong underlying trend.
Neutral
A neutral scenario would see the index consolidating within a range, with limited upside and downside as market participants await fresh catalysts.
Risk
In a risk scenario, the pullback could deepen if selling pressure intensifies, leading to a test of lower support levels.