DAX 40: Down 0.46% to 24,989 — Testing 52-Week High
MarketsFN Team
DAX 40: Down 0.46% to 24,989 — Testing 52-Week High
Published: June 01, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| DAX 40 | 24,989 | -0.46% | 66.5 | 24,653 | 25,421 | 22,301 |
The DAX 40 is actively quoting at 24,989 (-0.46%), reflecting a slight pullback from the previous close of 25,105. This decline comes amid broader market volatility, suggesting that investors are reassessing their positions after recent gains, particularly as the index approaches its 52-week high of 25,421.
Technically, the DAX remains in a strong position, trading above both the 20-day simple moving average (SMA-20) at 24,653 and the 50-day simple moving average (SMA-50) at 23,999, indicating bullish momentum. The relative strength index (RSI) at 66.5 suggests the index is in neutral territory, neither overbought nor oversold, while still being close to its 52-week high.
Looking ahead, the DAX faces immediate resistance at 25,302, the upper end of today's trading range, while support is likely to be found at the SMA-20 level of 24,653. A decisive move above 25,302 could signal a renewed bullish trend, while a drop below 24,653 would raise concerns about potential weakness.
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