DAX Rises Again: Recovery Driven by Technology Stocks
On Thursday, June 26, 2025, the DAX showed gains after a setback in the middle of the week, benefiting particularly from positive signals from the technology sector. This development suggests a recovery in the markets.
Specifically, the DAX was able to rise by about +0.74%, reaching a level of approximately 23,682 points. This marks a significant recovery compared to the previous days. The increase is supported by strength in the tech sector, which acts as an important driver for the overall market.
Technical Analysis: Challenges and Opportunities
Despite the recent pullback in the middle of the week, support around 23,475 points has proven stable, forming the basis for the current upward movement. However, the technical analysis also reveals challenges: the DAX recently failed at its 20-day line, signaling short-term uncertainties. Nevertheless, the overarching trend remains intact with a barrier around 23,729 points.
Summary of Market Development
- After a pullback midweek, the DAX shows a significant recovery on Thursday.
- Positive impulses mainly come from the technology sector.
- Technical supports hold firm and enable price gains.
- Short-term resistances, such as the 20-day line, still pose challenges.
- The overarching upward trend remains intact.
This market development reflects an overall positive sentiment and suggests hopes for further stabilization or recovery.