Germany's DAX index traded just under its all‑time high of 26,665, posting a close of 26,569.99 on Aug 28, a rise of 202.75 points or 0.77% from the previous session. The latest price cited in the update was 26,574.5.
On the 5‑hour chart the Relative Strength Index stood at 69.2, bordering the overbought threshold of 70, while the Average Directional Index measured 31.38, suggesting a moderately strong trend.
A bullish aggressive scenario proposes entering near 26,670, with a stop at 26,310 and target levels at 26,851 and 27,089, offering risk‑to‑reward ratios of 2.86 and 4.56 respectively. A more conservative bullish view suggests entry around 26,450, stop at 26,310 and targets at 26,665 and 26,851, with ratios of 1.53 and 2.86.
Conversely, a bearish aggressive outlook sets entry at 26,650, stop at 26,420 and downside targets at 25,980 and 25,818, yielding risk‑to‑reward of 2.14 and 3.30. A bearish conservative case recommends entry near 26,280, stop at 26,420 and targets at 25,980 and 25,638, with ratios of 2.14 and 4.58.
Key technical thresholds include the all‑time‑high barrier at 26,665, a bullish invalidation level below 2,90 on the 5‑hour chart, and a bearish break point above 26,670. The range between 26,470 and 26,665 is identified as a chop zone, and recent rallies above 26,600 have lacked volume support.
