-2.43% for DAX as sellers dominate below key technical levels

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DAX slides 2.43% to 22,955.50

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Igor Krasulya

19.03.2026

-2.43% for DAX as sellers dominate below key technical levels — DAX slides 2.43% to 22,955.50

DAX Index (DAX) is currently trading at 22,955.50, down 572.13 or 2.43% for the day. The index stands well below its SMA-20 (24,247.87), SMA-50 (24,654.26), and SMA-200 (24,157.56) moving averages, reflecting dominant downside momentum and sustained selling pressure across all observed timeframes.

DAX price prediction

24H 0.13%

24976.72

48H 0.15%

24983.54

7D 0.07%

24961.27

1M 4.5%

26066.87

3M 5.53%

26324.07

6M 8.26%

27006.09

12M 7.7%

26864.95

Detailed

Current price: € 24944.95 149.01 0.60%

Closed 06/04

Daily range 24838.43

25004.57

Weekly range 24761.96

25362.83

Highlights

Vonovia led DAX declines with a 9% drop despite reporting a swing to profit, signaling sector-specific pressure.
Escalating Middle East tensions and surging European gas prices weighed on energy, automotive, and chemical stocks, amplifying index weakness.
DAX trades below key technical resistance, with strong bearish momentum and a likely range between 22,900 and 23,100 as sellers dominate.

Energy and sector declines deepen amid Middle East and inflation fears

Vonovia recorded the largest loss among DAX constituents, falling 9% after a reported swing to profit. Escalating Middle East tensions and a 22% increase in European gas prices affected energy-related assets. Losses in the automotive and chemical sectors further weighed on the index, while the day also followed a warning from the Federal Reserve related to higher US inflation and surging oil prices.

Oversold readings and weak signals underline broad downtrend

Technically, DAX is positioned below all key moving averages, with the SMA-20 at 24,247.87, the SMA-50 at 24,654.26, and the SMA-200 at 24,157.56, confirming broad-based weakness. The Ichimoku Kijun level at 24,167.65 remains immediate resistance. Momentum signals on the daily chart highlight a MACD in Sell territory and a muted, indecisive trend per ADX (18.53). RSI is at 38.87, while both Stoch RSI and CCI indicate oversold conditions. BBP reflects strong seller dominance, and persistent volatility, a negative daily change, and a gap down at the open emphasize the prevailing bear trend, although some oscillators show early signs of market exhaustion.

Downside risk persists as consolidation narrows short-term range

In the short term, typical volatility suggests DAX will likely trade between 22,900 and 23,100 over the next five sessions, as sellers remain in control. Upside chances are limited (less than 20%), with price action expected to consolidate in a narrow band as participants await further direction. A decisive move below 22,900 would increase downside risk, while any recovery would require a break above 24,167 to signal a shift toward 24,200–24,500.

Anton Kharitonov, analyst at Traders Union, sees clear technical weakness in DAX as it trades beneath all key moving averages with momentum favoring sellers. He notes that bearish sentiment is amplified by risk-off flows linked to Middle East tensions and negative sector performance. Downside risks are apparent as long as resistance at $24,167 holds and the index remains under $22,900 support. "Caution is warranted — I remain defensive on DAX while the bear trend persists and would only reconsider if buyers reclaim $24,167," Kharitonov concludes.

Earlier, analysts noted that persistent geopolitical risks and elevated energy prices were weighing on European stock markets and curbing growth potential. Today’s steep drop in the DAX, accompanied by broad-based selling pressure and technical weakness, reinforces these concerns and suggests traders should closely monitor the 22,900 support for signs of further downside risk.

Source of Data: DAX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.