{"id":63846,"date":"2025-10-06T09:02:23","date_gmt":"2025-10-06T07:02:23","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=analyse&#038;p=63846"},"modified":"2025-10-08T11:14:18","modified_gmt":"2025-10-08T09:14:18","slug":"dax-analysis-waiting-for-the-breakout","status":"publish","type":"analyse","link":"https:\/\/www.captrader.com\/en\/analyse\/dax-analyse-warten-auf-den-ausbruch\/","title":{"rendered":"DAX analysis: Waiting for the breakout"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Dear traders, dear stock market friends.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With a weekly performance of 2.7 %, the DAX showed renewed strength in the past trading week and set its sights on the all-time highs of around 24,500 points. Since the beginning of the year, the German benchmark index is now up 22.5 % and there seems to be no end in sight to the upward trend. In this analysis, we examine the technical situation of the DAX and some of the individual stocks in the index.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Breakout from sideways range possible<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A look at the daily chart shows that the DAX is still trading in a sideways range that has already lasted several months. The key resistance lies at around 24,500 points. A breakout above this resistance would unleash further upward potential. In addition to simply overcoming the resistance, a rise in volume on the breakout would signal that new buying volume is coming into the market, which would increase the probability of a trend continuation.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-1024x717.png\" alt=\"Line chart of the DAX price development with highlighted support and resistance zones; red dashed arrows indicate possible upward and sideways trends. Note: An automatically saved draft of the analysis is created regularly.\" class=\"wp-image-63848\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-1024x717.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-300x210.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-768x538.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-1536x1076.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">DAX Index daily chart<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Both the resistance on the upside and the support on the downside are reinforced by the Bollinger Bands on the weekly chart. A breakout from the sideways trend would therefore also mean a breakout from the Bollinger bands, which would create an additional important trend signal.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"632\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1024x632.png\" alt=\"A candlestick chart of the DAX index - an automatically saved draft - shows that the price is testing resistance at 24,000 points. Below this, Bollinger bands, moving averages and the RSI indicator are displayed.\" class=\"wp-image-63847\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1024x632.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-300x185.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-768x474.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-1536x947.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">DAX Index weekly chart<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to analyzing the DAX index, it is helpful to analyze the heavyweights in the DAX. This can not only provide you with important signals for the direction of the index, but also offer interesting setups for trades or long-term investments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The five shares with the highest market capitalization in the DAX are currently:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>SAP<\/li>\n\n\n\n<li>Siemens<\/li>\n\n\n\n<li>Airbus<\/li>\n\n\n\n<li>German Telekom<\/li>\n\n\n\n<li>Alliance<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">SAP share with reversal signals<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Between the end of 2022 and the beginning of 2025, SAP shares rose from EUR 80 to around EUR 275 without any significant correction. After such a massive upward trend, the short-term weakness of recent weeks and months should come as no surprise.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following weekly chart shows that the share recently generated a reversal signal (hammer) in the EUR 220 - 225 range under significantly increased volume. The chances of a continuation of the trend or at least a medium-term upward movement towards the all-time highs therefore appear to be quite good.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-1024x633.png\" alt=\"A candlestick chart shows the price development from June 2021 to the end of 2025 with moving averages, Bollinger bands and bars for the trading volume below, displayed as an automatically saved draft for easy reference.\" class=\"wp-image-63850\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-1024x633.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-300x185.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-768x475.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-1536x950.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-3.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">SAP share weekly chart<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Siemens share on the verge of a breakout<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Similar to the index itself, the Siemens share rose last week and a breakout to the upside would be possible and would open up an interesting trade setup.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-1024x633.png\" alt=\"A candlestick stock chart for Siemens AG from 2022 to mid-2025 shows uptrends, moving averages, Bollinger Bands, trading volume and the RSI indicator at the bottom - all part of an automatically saved draft for market analysis.\" class=\"wp-image-63849\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-1024x633.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-300x185.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-768x474.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-1536x949.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-2.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Siemens share weekly chart<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Airbus share with relative strength<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Airbus shares rose to a new all-time high at the beginning of September, which was followed by subsequent purchases. As the share is now at an advanced stage of the upward trend, from a risk\/reward perspective, waiting for at least a brief correction is probably not a bad idea.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"634\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-1024x634.png\" alt=\"A weekly candlestick chart of Airbus SE, labeled as an auto-saved draft, shows an uptrend from 2021 to 2025 with moving averages, support zones, volume bars and the RSI indicator shown below.\" class=\"wp-image-63851\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-1024x634.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-300x186.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-768x476.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-1536x951.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-4.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Airbus share weekly chart<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Deutsche Telekom on a downward trend<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Deutsche Telekom shares were in a strong uptrend until March 2025, followed by an extended correction. The share has since fallen below the support level of EUR 29.50 and is trading below all important moving averages on the daily chart. In addition, a sequence of falling lows and falling highs is clearly visible. A long scenario would come into consideration at the earliest if the share were able to recapture the moving averages and break out above the downward trend line.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"635\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-1024x635.png\" alt=\"Share chart of Deutsche Telekom AG with price development with moving averages, volume bars, Bollinger Bands, RSI, a descending trend line from April to October 2021 and an automatically saved draft of the analysis.\" class=\"wp-image-63852\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-1024x635.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-300x186.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-768x476.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-1536x953.png 1536w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5-18x12.png 18w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/10\/image-5.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Deutsche Telekom share weekly chart<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Author <a href=\"https:\/\/www.fomo-finance.com\/about\/tobias-schmid\/\" rel=\"nofollow noopener\" target=\"_blank\">Tobias Schmid<br><\/a>Date: 06.10.2025<\/p>","protected":false},"excerpt":{"rendered":"<p>Liebe Trader, liebe B\u00f6rsenfreunde. Mit einer Wochenperformance von 2,7 % zeigte der DAX in der vergangenen Handelswoche erneut St\u00e4rke und nahm die Allzeithochs bei rund 24.500 Punkten ins Visier. Seit Jahresbeginn befindet sich der deutsche Leitindex mittlerweile 22,5 % im Plus und ein Ende des Aufw\u00e4rtstrends scheint derzeit nicht in Sicht. In dieser Analyse untersuchen [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":63853,"template":"","analysen-kategorie":[856,849],"class_list":["post-63846","analyse","type-analyse","status-publish","has-post-thumbnail","hentry","analysen-kategorie-dax","analysen-kategorie-index"],"acf":{"blog_summary":"","blog_faq_schalter":"nein","faq_uberschrift":"","blog_faq_loop":null},"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/analyse\/63846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/analyse"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/analyse"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/44"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/63853"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=63846"}],"wp:term":[{"taxonomy":"analysen-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/analysen-kategorie?post=63846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}