DAX at a standstill: Where does the road go after the rally?

On April 30, 2025, the DAX® does not show strong recovery momentum and recorded a below-average high-low range of less than 140 points for the second trading day in a row. However, the index has recaptured the resistance zone at 22,200 points and the 50-day line, which is currently at 22,207 points. This zone serves as the first retreat area for the DAX®.

According to information from finance.net support is strengthened by the massive upward gap of April 23 (between 21,723 and 21,297 points). In order to make significant progress on the upside, the downward gap from the end of March between 22,740 and 22,826 points must be closed. Another target is the February high of 22,935 points. The DAX® also receives positive support from short-term bottoms in the S&P 500® and Nasdaq-100®, both of which are trading below their 200-day line.

Tight trading and technical indicators

The DAX® has been trading in a narrow trading range between 22,250 and 22,440 points since the beginning of the week and has so far shown no signs of leaving the previous day's trading range. Neither buyers nor sellers are currently making any decisive decisions, which is loud onvista.de leads to a neutral market position. The RSI indicator on the four-hour chart is above 70, indicating a short-term overbought market situation. Since the monthly low of 18,489 points, the DAX® has experienced a rally of almost 4,000 points. This overbought market situation is considered a warning signal for buyers who should be cautious due to the possible price correction.