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DAX Forecast: Today, This Week and to 2030

DAX · XETRA · Updated at 25,420 points
By Christian Möhrer, reviewed by Karsten Kagels

DAX forecast in 30 seconds

Today and tomorrow

Support at the January high held into the weekend. Expected range today: 25,290 to 25,610.

This week

Expected range 25,070 to 25,930; corrective pressure is still in charge. A decision at the 100-day line could follow.

Downside risk

Stronger selling would aim at the gap at 21,500.

Upside targets

Near 28,000 in 2026, 28,000 to 30,000 points in 2027 and 2028.

On this page
  1. DAX forecast in 30 seconds
  2. DAX forecast for today
  3. DAX forecast for tomorrow
  4. DAX forecast for this week
  5. DAX forecast for next week
  6. DAX forecast 2026: outlook and price targets
  7. DAX forecast 2027
  8. DAX forecast 2028
  9. DAX forecast 2030
  10. DAX forecast 2050: the long view
  11. What is the DAX?
  12. How this forecast is made
  13. What moves the DAX
  14. Alternatives to the DAX
  15. Conclusion
  16. Frequently asked questions

DAX forecast for today

For Wednesday, 16 September 2026

  • Possible range today25,290 – 25,610
DAX hourly chart at 25,420 points, with the all-time high at 26,618, the July high at 25,900 and the January high at 25,507Click to enlarge
DAX, hourly chart, 15 September 2026 at 21:20 CEST (TradingView). Chart labels in German: Allzeithoch = all-time high, Juli-Hoch = July high, Vorwochenspanne = last week's range, Januarhoch = January high, Jahreshoch 2025 = 2025 high.

After its remarkable rally in 2025, the DAX added a new local high in January 2026. Price then moved into a sideways correction. In March it briefly left that phase to the downside and set the last local low at 21,863 points. There the market absorbed the selling pressure and turned into a recovery.

Since April a new uptrend structure has been in place. The start of July brought a dynamic move, enough to take out the January high. After a pullback to last year's high, the market broke out to new records, and at the end of August that produced the all-time high at 26,618 points.

At that high the market turned and gave in to profit taking, which later put the July high under pressure. In the fight around the 26,000 mark no support held, and last week the market fell clearly further. After the ECB meeting the January high was briefly undercut, but it was defended into the close of the week. Within the trend structure, the start of the new week brought pressure on last week's low, where a stabilisation could show today. Because the Fed decision only comes after the Xetra close, there is gap risk for Thursday.

Resistance

  • 26,069
  • 25,900
  • 25,507

Price at analysis25,420

Support

  • 25,361
  • 24,771

DAX forecast for tomorrow

For Thursday, 17 September 2026

  • Possible range tomorrow25,520 – 25,840
  • Alternative25,100 – 25,310

Depending on how today develops, the DAX could first stabilise around 25,500 before stronger impulses appear after the Fed meeting. For the start of trading on Thursday a gap in either direction is therefore possible.

DAX forecast for this week

Week of 14 September 2026

  • Expected range this week25,070 – 25,930
DAX daily chart with the 20, 50, 100 and 200 day moving averages, the all-time high at 26,618 and support at 24,771Click to enlarge
DAX, daily chart, 15 September 2026 at 21:19 CEST (TradingView). Chart labels in German: Vorwochenspanne = last week's range, Jahreshoch = yearly high, Februartief = February low, Tief = low, Hoch = high.

The daily chart adds to the hourly picture. After the record the DAX cannot generate follow-up buying and is putting pressure on the nearby supports. In the best case, a stabilisation at the January high could lead to a retest of the 26,000 mark. A break of last week's low, on the other hand, would activate targets at 25,000 points.

DAX forecast for next week

Week of 21 September 2026

  • Expected range next week25,040 – 25,850

Depending on how the current week ends, a sideways phase could still form after a gap close at 25,200 (27 July). With a fresh recovery, a weekly range between 25,040 and 25,850 would be the expectation. A significant break of the 100-day moving average, on the other hand, should aim at the 200-day line at 24,730.

DAX forecast 2026: outlook and price targets

As the daily chart shows, price tested the sideways phase between 22,900 and 24,800 points, in place since June 2025, to the upside in January and February. March 2026 then brought profit taking, so price fell back below the trading range. A deeper correction was avoided after the March low. Out of the consolidation that followed, price overcame the resistance of the previous record high from January at 25,507 points. The breakout met resistance around the 26,600 mark, but after a stabilisation above the January high it could still bring further gains into the end of the year.

DAX forecast 2027

  • Target 202728,000 – 30,000
DAX weekly chart on a logarithmic scale, uptrend structure since 2022 with the all-time high at 26,618 pointsClick to enlarge
DAX, weekly chart, 11 September 2026 (TradingView, logarithmic scale), so a few days older than the text above. Chart labels in German: Schiebephase = sideways phase, Ausbruch = breakout, Jahreshoch = yearly high, Jahrestief = yearly low.

The forecast for 2027 shows an uptrend structure that is intact overall. Short-term corrective potential was absorbed around 22,000 points, so medium-term targets between 28,000 and 30,000 points stay active.

During the steady rally of 2023 and 2024, the DAX started into 2025 with even more momentum. After a small double top in March, however, price corrected sharply and gave in to losses down to the 18,500 area. From there the picture turned positive just as quickly, and in a series of firm weekly candles price won back the 23,000 mark. In the second half of the year it set a marker above 24,700 points, then moved sideways around the 20-week line. From the low of that trading range, the 50-week moving average supported a breakout to new records in January 2026. In the tiredness that followed, price left the marked trading range to the downside, but used the counter-move for a breakout. The impulse candles were followed by a new all-time high, and despite the corrective tendency the outlook stays positive above the January high.

Resistance

  • 26,618

Support

  • 25,900
  • 25,507
  • 24,771

DAX forecast 2028

  • Target 202828,000 – 30,000
DAX monthly chart since 2013 on a logarithmic scale, with a rising trend channel and the target area of 28,000 to 30,000 pointsClick to enlarge
DAX, monthly chart, 11 September 2026 (TradingView, logarithmic scale). Chart labels in German: Zielbereich = target area, Hoch = high, Tief = low.

Based on the monthly chart, the medium-term forecast for 2028 points to a target of around 28,000 points, provided the long-term uptrend structure stays intact.

A short look back: in the first quarter of 2025 price set a local high above 23,400 points with clear momentum. The wick of the March candle showed tiredness and announced the need to correct, which was worked off with heavy losses into the 18,500 area as early as April. After a firm May, June and July also shone with records. The dojis that followed each other led into a consolidation, which reached another record high at the start of 2026 but came back clearly in March. That tested the sideways phase to the downside, yet the support line held. In August the all-time high at 26,618 points was set, which should lead to follow-up buying.

Resistance

  • 26,618

Support

  • 25,507
  • 24,771
  • 21,863

DAX forecast 2030

  • Target area 203030,000 – 38,000
DAX quarterly chart since 1988 on a logarithmic scale, with the target area of 30,000 to 38,000 points marked for 2030Click to enlarge
DAX, quarterly chart, 11 September 2026 (TradingView, logarithmic scale). Chart labels in German: Zielbereich = target area, Jahreshoch = yearly high, Jahrestief = yearly low.

The long-term forecast on the quarterly chart: the enormous range of the first quarter of 2020 created a historic outside bar. Price left it to the upside in 2021, so the basic upward tendency stays intact. Only closes below the 2022 yearly low (11,862) would put the uptrend at risk.

By the middle of 2030 the DAX could be in a target area between 30,000 and 38,000 points.

Resistance

  • 26,618

Support

  • 24,771
  • 20,522
  • 17,003

DAX forecast 2050: the long view

  • Target area 205080,000 – 120,000
DAX yearly chart on a logarithmic scale, with the rising trend line and the target area of 80,000 to 120,000 points marked for 2050Click to enlarge
DAX, yearly chart, 11 September 2026 (TradingView, logarithmic scale). Chart labels in German: Zielbereich = target area, Allzeithoch = all-time high, Tief = low.

The long-term forecast on the yearly chart: in principle, further rising prices can be expected in the DAX. The long lower wick of 2020, with its test of the support line of the trend channel, is a strong sign.

2021 closed at its high. Follow-up momentum in 2022 did not appear at first, and the last low reached 11,829 points. Price has continued the recovery that followed with a series of records into 2026, marking a new all-time high above 26,600 points.

On the logarithmic scale, the support line puts the 2050 forecast in the area of roughly 100,000 points, inside the target area of 80,000 to 120,000 drawn on the chart. Only a fall below the trend line would turn the long-term chart picture neutral, and a drop below the 2022 low (11,862) would make the yearly chart negative.

Resistance

  • 26,618

Support

  • 24,771
  • 20,522
  • 17,003

What is the DAX?

The DAX is a weighted stock index that tracks the performance of the 40 largest and most liquid companies on the Frankfurt Stock Exchange. These companies are leading names in different sectors of the German economy, and they are weighted by market capitalisation.

The index is calculated and published continuously during trading hours. Calculation starts as soon as the first opening price for an index member arrives on Xetra, the electronic trading platform of Deutsche Börse, and the DAX is updated every second. It serves as the main indicator for the German stock market and as a benchmark for private and institutional investors.

How this forecast is made

For the short-term forecasts (today, tomorrow, this week, next week) I normally use the hourly and daily charts of the DAX (Xetra, cash index). For the medium term, meaning the next twelve months, the weekly chart has proved the right interval. For the long term, twelve months and beyond, I look at the monthly chart and at higher intervals: quarterly, half-yearly and yearly.

The basis is technical chart analysis, read top-down from the higher time frames down into the hourly chart. This shows the price areas where supply or demand could appear, and those become the support and resistance zones that mark potential turning points.

Taking into account the economic dates where higher volatility is to be expected, I then build the forecast for the coming days. Moving averages and Fibonacci retracements help to sketch possible paths for the current and the coming week.

The 200-day moving average sets the overall frame. If the DAX trades above it, I look at long scenarios first; below it, at short scenarios first.

Please note that these scenarios come from personal assessment and experience. They summarise the most likely price range for each time frame. Trade position sizes that match your own risk management.

What moves the DAX

As a stock index, the DAX is made up of 40 individual shares, the largest listed German companies, which stand for around 80 percent of German market capitalisation. The success of very different sectors therefore feeds into the index. The price of a single share reflects what market participants expect of that company’s profit growth, so fundamentals drive demand.

Interest rates are among the strongest drivers, and the fastest read on them is the Bund future. Rising rates make credit more expensive and make bonds more attractive than shares. There are five other asset classes besides equities, and they compete with each other: investors constantly look for the best return at the lowest risk. In an environment of rising rates, bonds become attractive again, demand for shares usually falls, and the DAX tends to fall with it. Against that background the policy rate of the European Central Bank deserves special attention.

What influences the DAX:

  • Economic indicators: GDP growth, unemployment and consumer confidence.
  • Company profits: the earnings and guidance of the index members.
  • Global events: geopolitical tension and trade agreements.
  • Interest-rate policy: central bank decisions, above all the ECB, through their effect on investment and consumption.
  • Technical factors: trading volume, chart patterns and indicators, mostly short term.

Germany’s economy exports a great deal, so it depends on the global mood as well. Producer prices, inflation and exchange rates matter too, which is why the EUR/USD forecast is worth a look alongside this page. Copper is seen as a barometer for the economy and has historically correlated with the equity market, so the copper forecast adds another angle.

Alternatives to the DAX

Gold is often seen as a safe haven, especially in times of economic uncertainty or volatile equity markets. It also diversifies a portfolio, because it has no direct correlation with stock markets, and it has a long history as a store of value. The current picture is in the gold price forecast.

The S&P 500 covers the 500 largest companies in the United States and offers broader diversification than the DAX, which reduces the risk from a single company. Historically the S&P 500 has often performed better than the DAX. The current analysis is in the S&P 500 forecast.

Bonds are fixed-income securities issued by governments or companies to raise capital. The issuer pays regular interest and repays the capital at a set date. They are usually less volatile than shares and are often part of a diversified portfolio.

Conclusion

The forecast separates three time frames, and each answers a different question. The hourly and daily charts show where price can turn in the coming days. The weekly chart frames the next twelve months, and the monthly and quarterly charts set the long-term picture. Anyone who reads only the daily range can easily mistake a correction for a trend reversal.

The 200-day moving average decides the direction of the work. Above it, long scenarios come first; below it, short scenarios. As long as the uptrend structure holds, setbacks are part of the trend and not a reversal. From the outside, the ECB’s policy rate, the profits of the 40 index members and global events act on the price. Every scenario here is an assessment, not a certainty, so every position needs a stop loss that fits your own risk.

Frequently asked questions

How long will the DAX keep rising?

Over the long run, leading stock indices like the DAX rise dependably. Since it started in 1988 the DAX 40 has returned a good 7% a year on average (source: Deutsche Börse). Looking back, even stronger corrections turned out to be buying opportunities. The trend channel on the quarterly chart underlines that long-term structure.

Where will the DAX be in five or ten years?

The yearly chart allows long-term targets. The 2030 candle could reach the 30,000 point mark at its high, while 18,000 points are possible at the low. For 2035 the forecast gives a likely high of around 40,000 points.

Will the DAX rise or fall?

Whether the DAX rises or falls in the short term depends on several factors: ECB interest-rate policy, the state of the global economy, the profits of the DAX companies and geopolitical events. The daily chart analysis on this page gives the current scenarios with concrete levels. In the long run the DAX has shown a stable uptrend for decades.

How often is this forecast updated?

Twice every trading day. The sections carry the date they apply to, so you can always see which trading day or week a range belongs to.

This forecast is translated from the German edition on kagels-trading.de.

How our forecasts are made and reviewed: How we work.

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