The DAX index rebounds and opens higher

DAX at the basic level

The German DAX rebounded on Thursday and opened at strong highs, rising more than 1% to reach 25,200 points, its highest level since mid-January, ending a two-day losing streak.

Investors closely followed corporate results, with Siemens standing out as its shares rose more than 6% to an all-time high after it announced better-than-expected first-quarter earnings and raised its forecast for 2026.

Siemens (6.40%), Commerzbank (3.18%), and Continental (2.99%) topped the list of gainers.

Dax on a technical level

The German Dax rose strongly on Thursday, rebounding at the end of last week's trading from support levels of 24,250 points, targeting supply levels concentrated near 25,300 to 25,500.

If the indicated supply levels are reached, we expect a rebound with reflective candles to start building sell positions on the index to target levels of 25,000, then 24,700, and then 24,300 points.