DAX Daily Analysis — 2026-08-31
Session: ClosingLatest
- Close
- 26,281.49
- Change
- -1.09%
- 1W Change
- 0.67%
- 20D Change
- 1.08%
- EMA20
- 26,139.72
- EMA50
- 25,705.91
- EMA200
- 24,837.27
- RSI (14)
- 57.3
- ATR (14)
- 242.74
- Volatility (20D)
- 8.22%
- Distance from 20D High
- -1.27%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.16
- US10Y
- 4.76%
- DXY
- 99.42
The DAX closed lower, snapping a recent uptrend, with a modest pullback from recent highs.
Market Drivers
The decline is driven by profit-taking after a strong run, while global risk sentiment remains cautious amid elevated volatility.
Trend Interpretation
Price remains above key moving averages, indicating a broader uptrend, but short-term momentum has turned negative.
Risk Factors
Key risks include a potential break below the short-term support, rising volatility, and external macro headwinds.
Bullish
In a bullish scenario, the index could resume its uptrend if buying interest emerges at higher lows, supported by a stable global backdrop.
Neutral
In a neutral scenario, the index may consolidate within a range, with alternating sessions of gains and losses as investors digest recent moves.
Risk
In a risk scenario, a deeper correction could unfold if selling pressure intensifies, leading to a test of lower support levels.