Strong performance above major moving averages lifts DAX by 1.77%

Traders Union
All News
Financial News
DAX jumps 1.77% today to 24374.24

All news

Editors' Picks

Crypto News

Financial News

Market Voices

Billionaires

Companies

Broker News

Regulators News

Andrey Mastykin

18.05.2026

Strong performance above major moving averages lifts DAX by 1.77% — DAX jumps 1.77% today to 24374.24

DAX Index (DAX) is trading at 24,374.24, marking a 1.77% advance on the day. The index is holding above its key moving averages, reflecting persistent buyer strength in both the short and long term.

DAX price prediction

24H 0.14%

24978.71

48H 0.15%

24981.96

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

The DAX shows resilient buyer support with prices trading above key moving averages across short to long-term timeframes.
Momentum and oscillator signals are mixed, reflecting short-term uncertainty despite intraday strength and recent gains.
Expected five-day trading range is 23,800 to 24,500, with a low probability of further upside and likely consolidation.

Mixed momentum as DAX navigates technical support and overbought risk

On the technical front, DAX trades above the SMA-20 (24,270.31), SMA-50 (23,731.70), and SMA-200 (24,118.78). The Ichimoku Kijun on the daily chart sits at 24,317.26, providing immediate support just below current levels. Momentum indicators show mixed readings: the MACD (daily) signals strong upward momentum, while the ADX (daily) is neutral, pointing to a lack of definitive trend strength. Among oscillators, the RSI and CCI (daily) reveal mild downside pressure, but the Stoch RSI is oversold, implying potential for a short-term rebound. BBP readings highlight buyer dominance intraday despite an overbought condition, while the Awesome Oscillator stays neutral, not confirming the prevailing price action.

Consolidation favored as upside barriers and volatility persist

Over the next five trading days, DAX is expected to remain within a volatility band of 23,800 to 24,500, reflecting recent market swings. The likelihood of sustained upside beyond 24,500 is low (below 20%), suggesting a higher probability of pullback or sideways consolidation. The baseline scenario is a period of consolidation between 23,800 and 24,500. Upside beyond 24,500 would require renewed buying strength and momentum, while a break below 23,800 could prompt further short-term correction. However, long-term weekly moving averages continue to offer structural support on deeper declines.

Anton Kharitonov, expert at Traders Union, sees the DAX maintaining buyer strength above key moving averages. However, mixed momentum and overbought signals limit the scope for further gains. He believes a pullback or consolidation between 23,800 and 24,500 is most likely as upside momentum fades. "Until DAX clears 24,500 with convincing momentum, I remain cautious and focused on defense."

Earlier, analysts noted that the DAX was exhibiting mixed momentum, with short-term selling pressures offset by signs of longer-term resilience. The current technical setup signals a potential shift to buyer control, making the 24,500 level a key resistance to monitor for any breakout or sustained upward move.

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.