DAX Forecast: Coming Days, Next Week and Long Term

All charts on this page are by Karsten Kagels and show the prices of the DAX CFD from Capital.com. Because the CFD also trades outside Xetra hours, it shows the moves overnight and gives a better view of the markets. Depending on the provider, prices can differ slightly; for the analysis this does not matter. The 4-hour, daily and weekly charts were exported on Friday, 13 November 2026, at 07:16 CET and show the early Friday; the monthly and 3-month charts are from 12 November and show the early Thursday. Each caption names its own state. Anyone trading the DAX future also sees slightly different prices.

On the 4-hour chart a moderate pullback followed the new all-time high. On Thursday the DAX marked a new high at 27,002 and comes back from there at first. On Friday it trades at 26,705, right at the mark of the previous week.

The support is being tested. If the price falls below it, the move would extend toward 26,500, where the demand situation is checked. If the level holds, that speaks for strength and a friendly end of the week.

Today it counts whether the previous week's high holds. The CFD already trades before the opening. Decisive are the levels from the 4-hour and daily chart: the all-time high above, the September high below.

The daily chart shows the test of the previous week's high. On Thursday the DAX marked a new yearly and all-time high at 27,002, comes back moderately from there and trades at 26,704 on Friday. The daily high is at 26,763, the daily low at 26,683.

The nearby averages lie close together and form the support cluster. The 20-, 50- and 100-day lines are at 25,936, 25,619 and 25,660; together with the significant January high at 25,510 that makes a zone that has recently held. The price lies clearly above it.

Only a break of the January high would activate targets. They lie in the area of the September low at 25,054 and the 200-day line at 24,960. Below the 200-day line or last year's high at 24,770, on the other hand, a next leg with targets in the area of 23,600 would likely begin.

Neither central bank changed interest rates recently. The Fed left its target range at 3.75 to 4.00 percent on 28 October, the ECB its deposit rate at 2.50 percent on 29 October. Until the next decisions, price and sentiment data are due. The dates are reasons to read the chart again, not a forecast of a particular reaction. The Fed time is Eastern Time, with central European time in brackets.

11 November, 08:00 CET: consumer prices in Germany.

17 November, 11:00 CET: ZEW economic expectations for Germany.

18 November, 11:00 CET: consumer prices in the euro area.

24 November, 10:00 CET: ifo business climate index for Germany.

9 December, usually 2:00 p.m. ET (20:00 CET): Fed rate decision after the meeting of 8 and 9 December (FOMC calendar).

17 December, 14:15 CET: ECB rate decision after the meeting of 16 and 17 December (ECB calendar).

For the euro area, the ECB sets interest rates. What is at stake at the meeting is explained in our article on the ECB rate decision; the US side is covered by the Fed rate decision and the US inflation data.

The weekly chart shows a clear recovery from the low. The current week has taken out the previous week's high and marked a new all-time high at 27,002. From there the price comes back and tests the old level as support.

The new week has left the previous week's range. Last week started at 25,811, rose to 26,691 and closed at 25,683; the weekly low was at 25,534. The new week opened at 25,628 and stands at 26,703, the weekly high is at 27,002.

A return below the previous week's mark would extend the correction. Below it follow the area around 26,500, the September high at 26,246 and the January high at 25,510.

Below the market runs the green long-term uptrend line. The 2026 low from March is at 21,862. For the coming week the friendly outlook depends on whether the positive tendency prevails. If the support holds, the 27,000 mark stays in focus, and below it the area around 26,500 forms the next demand zone. Further below, the January high, the 25,000 mark and last year's high at 24,770 stay the support. If this zone holds, the recovery stays intact; a break below it would send the DAX toward the areas around 24,800 and 24,700. This reading is an editorial guideline; the price levels come from Karsten's charts.

The last completed trading day decides which path applies. Exactly one applies at any time. After the Thursday close above the previous week's high, it is the bullish path. The price levels come from Karsten's charts; the closing condition is an editorial guideline. They are reference levels, not order rules.

On the monthly chart the correction tendency after the August high is easy to see. It found support at last year's high at 24,770. In November the DAX marked a new all-time high at 27,002. The January high at 25,510 stays the most important support area.

A possible signal is to be awaited at the month's close. Until then the further development stays open. If the DAX falls below the January high, the September low at 25,054 and last year's high at 24,770 come into view.

The green long-term uptrend line lies below the market. It runs from the low in April 2025 through the 2026 low in March. Should the DAX fall below 24,770, a next leg with targets in the area of 23,600 would likely begin.

The logarithmic 3-month chart shows the long-term uptrend in the DAX. Each bar is one quarter. The logarithmic scale shows percentage moves at the same size, whether the index stands at 8,000 or at 25,000 points.

The uptrend structure is fundamentally intact in the long term. The green trend line still supports it. The current fourth quarter has overcome the resistance zone around 26,690 and marked a new all-time high at 27,002. It still holds last year's high at 24,770.

The 3-month chart gives no target level for 2027. The level from which the DAX starts the new year is decided by the year's close in 2026. If it settles at last year's high at 24,770 in the ideal case, that points to a firm outlook for the start into the coming year.

For 2028, too, the long-term trend remains the guide. After the slumps of 2020 and 2022, new highs followed on the 3-month chart; over the whole history since 2015 it shows a long-term upward development. A target level for 2028 cannot be read from it.

There is no reliable point forecast for 2030 or 2050. The 3-month chart describes a direction, not a target price. Anyone planning that far ahead thinks in decades, not in price levels; numbers for 2050 would be guesswork.