DAX defies pressure: new highs with a price target of 26,500 points!

DAX defies pressure: new highs with a price target of 26,500 points!

Today, May 14, 2025, the DAX® is in an interesting phase after new record attempts. The index experienced an “outside-in” day on the previous day, followed by an “inside day”. This indicates a possible consolidation after the recent price rally. Although the all-time high of 23,926 points was not exceeded, the DAX® closed above the psychologically important mark of 23,600 points for the first time.

The old breakout mark of 23,476 points currently remains stable, which can be seen as a positive signal. However, there are also warning signals: an important low of 23,362 points should not be fallen below in order to avoid negative developments. The DAX® has formed a V-formation over the last two months, the apex of which was on April 7th. This formation could indicate a subsequent price target of up to 26,500 points, while a larger V formation opens up a potential of around 5,000 points.

Technical analysis and outlook

Analyzes provided by TraderFox, among others, show that the DAX reached new highs on May 12th. An “inside day” was formed yesterday, which could serve as a basis for a temporary breather. This situation has triggered a sell signal on the overbought Slow Stochastics, although the GD 20, GD 50 and GD 200 buy signals remain intact. In addition, the Bollinger Bands are expanding upwards, indicating further price potential.

The upcoming movements for the DAX are being watched with great interest. A recovery towards the all-time high of 23,926 points is conceivable. A breakout above this level would generate a pro-cyclical buy signal. Furthermore, the index could rise to the next psychological hurdle at 24,200 points if market conditions remain favorable.

Resistance and support

Current technical analysis identifies several key resistance and support levels for the DAX:

• Widerstände:
• 1. 23.926 Punkte
• 2. 24.200 Punkte
• Unterstützungen:
• 1. 23.357 Punkte
• 2. 22.858 Punkte

The upcoming consumer price index figures for Germany in April and the current corporate reporting season are also expected to provide decisive impetus for the further development of the DAX. However, a significant correction would be expected if the DAX fell below 23,357 points, which would affect the long scenario.

Overall, the DAX is in an exciting phase, characterized by both optimistic and cautious signals. All eyes are now on the index as market participants fully prepare for the next developments.

For detailed information and analysis visit finance.net and DZ Bank.