DAX 40: Down 2.03% to 24,948 — Price Below SMA-20
MarketsFN Team
DAX 40: Down 2.03% to 24,948 — Price Below SMA-20
Published: July 08, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| DAX 40 | 24,948 | -2.03% | 48.8 | 25,015 | 25,818 | 22,301 |
The DAX 40 is actively quoting at 24,948 (-2.03%), reflecting a significant pullback from the previous close of 25,465. This decline signals growing investor caution amid broader market volatility, as the index approaches its 52-week low of 22,301, indicating potential bearish sentiment in the near term.
Technically, the DAX is currently positioned below its 20-day simple moving average (SMA-20) of 25,015, suggesting short-term weakness, while it remains above the 50-day SMA of 24,769, indicating some underlying support. The relative strength index (RSI) at 48.8 confirms a neutral stance, neither overbought nor oversold, which may lead to further consolidation in the coming sessions.
Looking ahead, the DAX faces resistance at the previous close of 25,465, while immediate support is likely to be tested at the 50-day SMA of 24,769. A decisive move below this level could trigger further selling pressure, while a rebound above the SMA-20 could signal a potential recovery.
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