DAX 40 Market Update – May 11, 2026
MarketsFN Team
DAX 40 Market Update – May 11, 2026
Published: May 11, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| DAX 40 | 24,317 | -0.09% | 48.1 | 24,243 | 25,421 | 22,301 |
The DAX 40 is actively quoting at 24,317 (-0.09%), reflecting a slight decline amid a day range of 24,202 to 24,362. This marginal pullback comes after the index has been trading in proximity to its 52-week high of 25,421, indicating a potential consolidation phase as market participants assess broader economic conditions.
From a technical perspective, the DAX remains above both its 20-day simple moving average (SMA) of 24,243 and its 50-day SMA of 23,781, suggesting a bullish trend in the medium term. The relative strength index (RSI) at 48.1 indicates that the index is in neutral territory, neither overbought nor oversold, which may lead to further price stability before any decisive movement.
Looking ahead, key levels to watch include the psychological support at 24,200 and resistance around 24,362. A sustained move above the latter could signal renewed upward momentum, while a breach below 24,200 may prompt a reassessment of bullish sentiment.
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