In the 15th calendar week of the year 2025, the DAX showed mixed performance, influenced by various market developments and company earnings. Here are the key aspects of market movements and stock performance:
Market Movements
Price Development
The DAX closed the week at about 20,374 points, corresponding to a decline of approximately 0.92%. This development reflects the ongoing volatility in the German stock market.
Technical Analysis
The index is in a dynamic downward trend, with a technical recovery occurring at the 38.2% Fibonacci retracement level of the downward wave from the record high. The SMA50 (currently around 22,289 points) and the SMA200 (around 20,037 points) are important technical indicators that could impact the future price direction.
Resistances and Supports
Important resistances are located at around 20,395-20,489 points, while supports are situated at 19,745, 19,553, and 19,273 points. A break of these supports could lead to further losses.
Stock Performance
In the past week, there were both winners and losers in the DAX. The specific details of the top and flop values are not outlined in detail, but it is clear that performance is heavily dependent on the respective company earnings and market developments.
The results of DAX companies play a crucial role in determining stock prices. Positive or negative surprises in quarterly reports can significantly affect prices.
Global economic trends, interest rate decisions, and geopolitical events also contribute to the volatility of the DAX. These factors can influence investors’ investment decisions and shape the overall market sentiment.
Outlook
The DAX faces an uncertain future as both positive and negative factors affect the market. The technical analysis indicates a continued downward trend, while recovery movements can be viewed as temporary. Investors should focus on supports and resistances to better predict future market movements. In the long term, however, the DAX remains in an upward trend, as indicated by medium- and long-term forecasts.