+1.50% for DAX as firm short-term buying controls direction

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DAX jumps 1.50% today to 24766.02

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Dmytro Kharkov

20.05.2026

+1.50% for DAX as firm short-term buying controls direction — DAX jumps 1.50% today to 24766.02

DAX Index (DAX) is trading at 24,766.02, up 1.50% on the day. The DAX remains well above its key moving averages, reflecting continued upward momentum.

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

The DAX Index rose 0.4% in the previous session, supporting continued investor demand and reinforcing positive sentiment.
Ongoing political developments and anticipation around Nvidia's earnings are monitored, but have yet to move the market materially.
Technical indicators confirm a strong bullish trend, with immediate support at 24,350 and a projected range of 24,350–25,050 for the week.

Short-term sentiment improves as buyers respond to recent gains

The DAX Index recorded a 0.4% gain at the previous session’s close, indicating continued demand and contributing to a supportive backdrop for the current session. This recent positive performance is enhancing short-term sentiment and encouraging buying interest. Political developments and the anticipated Nvidia earnings report remain in focus, but have not yet materially impacted trading.

Bullish signals outweigh mixed momentum as buyers lead trend

On the technical front, DAX is trading above the SMA-20 at 24,249.89, the SMA-50 at 23,746.00, and the SMA-200 at 24,120.82, confirming strong support across major timeframes. Immediate technical support sits at the Ichimoku Kijun level of 24,317.26. MACD prints a strong buy signal, while ADX reflects a weak underlying trend. The RSI is slightly bullish but not overbought at current readings. Stochastic RSI and CCI remain neutral to slightly elevated, suggesting limited risk of extreme short-term overextension. Bull/Bear Power (BBP) flags a clear overbought condition, indicating buyers are in control. The Awesome Oscillator (AO) remains neutral and does not highlight additional directional strength.

Bullish consolidation likely as volatility bands limit near-term risk

Over the next five sessions, the DAX is expected to oscillate within a 24,350–25,050 price band, representing a typical volatility band relative to current levels. The probability of continued gains remains strong, supported by medium-term indicators and ongoing buying momentum. Consolidation between immediate support and resistance is the baseline scenario, with a bullish breakout above 25,050 opening the way for further advances, while a move below 24,350 would increase downside risk.

Viktoras Karapetjanc, Traders Union expert, sees the DAX Index maintaining strong upward momentum above key technical levels. Recent gains and persistent buying interest confirm robust sentiment in the market. He believes that current positive flows and macro stability are encouraging for further advances. Short-term risks appear limited, with consolidation favored unless key support is broken. "As long as demand holds and technical levels are respected, I expect the DAX to remain on a bullish track over the coming sessions."

Earlier, analysts noted that the DAX Index was experiencing mixed momentum, with signals of short-term exhaustion offset by ongoing underlying strength. The current technical landscape reinforces the medium-term bullish bias and points to consolidation within the 24,350–25,050 band as the key scenario, making a close watch on a sustained breakout above 25,050 essential for traders seeking further upside.

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.