DAX Daily Analysis — 2026-09-04
Session: ClosingLatest
- Close
- 26,046.40
- Change
- 0.17%
- 1W Change
- -1.97%
- 20D Change
- -1.04%
- EMA20
- 26,082.20
- EMA50
- 25,743.70
- EMA200
- 24,881.02
- RSI (14)
- 51.0
- ATR (14)
- 245.82
- Volatility (20D)
- 8.95%
- Distance from 20D High
- -2.15%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.53
- US10Y
- 4.78%
- DXY
- 99.16
The index shows a slight recovery after a weekly decline, with price hovering near its short-term moving average. Momentum is balanced, suggesting a pause in the recent pullback.
Market Drivers
The move is driven by a mild risk-on tone, supported by a stable dollar and moderate volatility. However, rising long-term yields may be capping gains.
Trend Interpretation
Price is above its medium-term and long-term moving averages, indicating a broader uptrend, but below its short-term average, reflecting short-term weakness. Momentum is neutral.
Risk Factors
Key risks include elevated bond yields and a potential increase in volatility. A break below recent support could accelerate selling.
Bullish
In a bullish scenario, the index regains its short-term average and pushes toward recent highs, supported by improving market breadth and stable volatility.
Neutral
In a neutral scenario, the index remains range-bound between its short-term average and recent support, with no clear directional bias.
Risk
In a risk scenario, a failure to hold above key support could lead to a deeper correction toward the medium-term average, especially if volatility spikes.