DAX Daily Analysis — 2026-08-20
Session: ClosingLatest
NY: 08/20/2026, 11:45 AM
Local: ...
- Close
- 25,983.04
- Change
- -0.42%
- 1W Change
- -1.20%
- 20D Change
- 4.93%
- EMA20
- 25,969.21
- EMA50
- 25,515.22
- EMA200
- 24,732.32
- RSI (14)
- 54.3
- ATR (14)
- 254.24
- Volatility (20D)
- 9.59%
- Distance from 20D High
- -2.22%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 16.01
- US10Y
- 4.70%
- DXY
- 98.87
The DAX closed slightly lower, showing a mild pullback after recent gains.
Market Drivers
The move is driven by a mix of profit-taking and cautious sentiment, with no major catalysts.
Trend Interpretation
The index remains above its key moving averages, indicating a broader uptrend, though short-term momentum has cooled.
Risk Factors
Key risks include rising volatility and a potential shift in global risk appetite.
Bullish
In a bullish scenario, the index could resume its upward trajectory, supported by strong underlying momentum.
Neutral
A neutral scenario would see the index consolidating within a range, with limited directional bias.
Risk
In a risk scenario, the index could test lower support levels if selling pressure intensifies.