The course of the German stock index DAX 30 on an adaptive chart online. The DAX 30 online chart shows the index quotes in real time and allows you to analyze them using the main technical indicators. DAX 30 is the German blue chip stock index. Its calculation includes shares of the thirty largest companies in terms of capitalization, traded on the Frankfurt Stock Exchange (FSE). The DAX 30 also includes the reinvestment of dividends received from its constituent shares. Given that Germany is the locomotive of the European economy, DAX 30 can be considered one of the barometers of the state of the economy of the entire European Union.
Simple and lightweight DAX 30 Index Futures Live Chart is a powerful free tool that allows you to easily conduct technical analysis online without downloading additional files and applications. In order to meet the needs of the most demanding technical analysts, you can find over a hundred chart analysis tools on our DAX 30 Index Futures chart. You can also add any of 80 technical indicators directly to the chart online - in two clicks. The possibilities are endless!
Technical Analysis DAX 30 Index Futures
DAX 30 Index Futures Technical Analysis widget is a modern handy tool that shows ratings based on technical indicators data. The design of the widget is made in the form of a speedometer, thanks to which you can quickly see the results of the summary technical analysis. You no longer need to use many indicators for analyzing financial instruments, the widget will do it for you. In addition, all rating data are updated in real time. These technical indicators are used for technical analysis: Relative Strength Index, Stochastic, Commodity Channel Index, Average Directional Index, Awesome Oscillator, Momentum, MACD, Stochastic RSI, Williams Percent Range, Bull Bear Power, Ultimate Oscillator, Exponential Moving Average, Simple Moving Average, Ichimoku Cloud Base Line, Volume Weighted Moving Average, Hull Moving Average.
About DAX 30 Index
One of the most common tools for trading stock indices are futures and options. Contracts for the DAX 30 Index are traded on the European Exchange (Eurex), where they are assigned the ticker FDAX. The futures size corresponds to the value of the online DAX 30 index multiplied by 25 euros.The minimum price change is 0.5 points or 12.5 euros. Futures trading on the site takes place from 01:00 to 22:00 Central European Time (CET). As with other indices, DAX 30 contracts are settlement contracts.
Between 09:00 and 17:30 CET, the regular DAX value is calculated. Later, in the interval from 17:30 to 20:00 CET, Late-DAX (L-DAX) is calculated using a similar formula.
Another type of futures for the German blue chip index, Mini-DAX Futures, is also traded on the Eurex exchange. Their value is equal to the DAX rate multiplied by 5 euros. Mini-contracts are traded on the site under the code FDXM from 01:00 to 22:00, like standard futures. Such tools allow even traders with a small deposit to trade the index.
Brief overview of the DAX 30 index
DAX 30 was published and became known to the general public on July 1, 1988, but the calculation was carried out already in the early 1980s. Dax was created as an index that tracks the state of Germany's blue chips and replaced the then popular Hardy-Index, Borsen-Zeitung and ASB.All companies included in the DAX 30 Index basket belong to the so-called Prime Standard segment of the Frankfurt Stock Exchange. Prime Standard is part of the companies that meet more stringent requirements compared to the standard ones.
The total capitalization of the companies that make up the DAX 30 exceeds $1 trillion, the capitalization of these companies is about 80% of the total capitalization of all German companies whose shares are traded on the stock exchange.
Also, the index is divided into 2 subspecies, depending on where dividends are sent. There is DAX TR (Total Return), this version involves the reinvestment of received dividends, and there is DAX PR (Performance), it does not include dividends paid to shareholders. The TR version reflects the theoretical income of the investor, and the PR version directly reflects the growth of the German economy. There is a high correlation between them, but the live DAX TR chart is somewhat different from the DAX PR.
DAX is one of the most liquid indexes in the world. According to Eurex internal statistics, the annual volume of options contracts reaches 20-30 million units, and the volume of futures reaches 30-40 million contracts annually.
Sometimes Dax is used as a leading indicator for the US stock market. The main shares of the DAX basket were also listed on the American trading floors. Trading in Europe starts earlier than in the US, if the DAX starts to fall sharply, most likely the US stock market is waiting for the same.
Deutscher Aktienindex (DAX) volatility is moderate. The change in its value per trading day is on average from 1% to 4%. At the same time, the liquidity of futures for the index is quite high, since it is one of the main European indicators, and futures contracts for it are in the top 5 in terms of popularity among similar instruments. This allows you to conclude short-term transactions with low spreads, however, medium-term trading may become more comfortable in conditions of low volatility.
In the long term and on large timeframes, the DAX 30, like many other major indices of developed countries, is prone to the formation of long-term uptrends, lasting from one to four years, followed by corrections of varying degrees of depth.
Due to the relatively small size of the index basket, the index value can be affected by strong fluctuations in the quotes of individual securities in its composition, as well as changes in certain sectors of the German economy. In addition, DAX 30 depends on the global political situation, the domestic and foreign policies of its state, as well as the general state of its economy.
Composition of the DAX 30 Index
The DAX 30 index includes securities of issuers included in the thirty largest in terms of capitalization and trading volume on the Frankfurt Stock Exchange.The selection does not take into account the total capitalization of the company, but only the capitalization of securities in free float. Thus, securities owned by managers and insiders are excluded from the calculations. The index value is determined according to the data of the XETRA trading system. Since 2006, the DAX 30 rate has been calculated every second.
DAX 30 companies
- Adidas AG
- Allianz SE
- Basf SE
- Bayer AG
- Bayerische Motoren Werke AG
- Beiersdorf AG
- Continental AG
- Covestro AG
- Daimler AG
- Deutsche Bank AG
- Deutsche Boerse AG
- Deutsche Post AG
- Deutsche Telekom AG
- Deutsche Wohnen SE
- E. On SE
- Fresenius Medical Care AG & Co.
- Fresenius SE & Co. KGaA
- HeidelbergCement AG
- Henkel AG & Co. KGAA
- Infineon Technologies AG
- Linde Plc
- Merck KGAA
- MTU Aero Engines AG
- Muenchener Rueckversicherungs-Ge.
- RWE AG – Class A Shares
- Sap SE
- Siemens AG
- Volkswagen AG
- Vonovia SE
- Wirecard AG
About 80% of the structure of the index falls on 7 sectors of the German economy - the chemical industry, insurance, healthcare, services, heavy industry, software development, automotive.
As for individual companies, the largest weight falls on:
- SAP SE - is a German software developer with a share in the index basket of about 10%;
- Linde PLC - operates in the chemical industry;
- Allianz SE - is an insurance company;
- Siemens AG - is a conglomerate that creates electrical engineering, microelectronics, medical and other specialized types of equipment;
- Bayer AG - is a pharmaceutical and chemical company.
DAX 30 Index Calculation
Unlike most analogues, the DAX calculation uses a rather complex formula. The Laspeyres formula is used
- CT - special coefficient;
- pit - is the share price at time t;
- ffit - is the number of shares of the i-th company that are in free float at time t;
- qit - is the number of shares of the i-th company at time t;
- qi0 - is the number of shares of the i-th company on the trading day preceding the inclusion of the shares in the index;
- cit - is the correction factor;
- pi0 - is the share price at the end of the trading session prior to the inclusion of the security in the DAX.
DAX 30 Index Family
DAX 30 leads a fairly large family of German stock market indices. In addition to it, Deutsche Börse AG also calculates a number of other indicators:TecDax (TECDAX) - is a specialized DAX index, which includes 30 companies in the technical sector, following the main index components in terms of capitalization.
MDAX (MDAX) - is an indicator of German mid-cap companies that includes 60 stocks ranked after the DAX components in terms of turnover and capitalization.
SDAX (SDXP) - is an index of small-cap German issuers. His basket consists of stocks of 50 stocks, next in size to the MDAX elements.
HDAX (GDAXHI) - is a general indicator consisting of securities of 110 issuers included in TecDax, MDAX and classic DAX.
DAX ex Financial Index - is an industry index calculated on the basis of financial companies included in DAX.
DAX ex Financial 30 Index - is an indicator whose calculation base does not include stocks included in the previous index, and consists of securities of 30 major issuers from the financial industry.
CDAX (CDAX) - is a combined index calculated on the basis of all shares traded in the Prime and General segments of the Frankfurt Stock Exchange.
DAX International Mid - is a foreign indicator of the DAX family, which includes 100 foreign issuers whose shares are listed on the FSE.
DAX Prime AS - is an aggregated index showing the dynamics of quotations of all shares traded in the Prime segment of the Frankfurt Stock Exchange.
DAX General Standard Index - is an indicator of the General Standard sector on the FSE, calculated on the basis of shares of 200 large issuers, the capitalization of which exceeds 5 billion euros.
DAX Retail (CXPRX) - is an industry index that includes about 20 companies from the retail industry.
DAX Industrial (CXPNX) - is the DAX industrial index calculated on the basis of shares of the largest industrial companies.
The DAX family of indices includes both industry and local indicators, as well as major international indicators.
ETF DAX 30
Another popular option for profiting from changes in the index value is investing in stocks of exchange-traded funds that copy their dynamics. There are a large number of ETFs following DAX, such as:- iShares Core DAX® UCITS ETF;
- Xtrackers DAX UCITS ETF 1C;
- ComStage DAX UCITS ETF;
- Amundi ETF DAX UCITS ETF DR;
- Vanguard DAX UCITS ETF Distributing.
Their goal is to obtain a return corresponding to the dynamics of the DAX 30 index, minus the management fee. Even a relatively small amount can be invested in ETFs, which eliminates the need for long-term investors to collect a full-fledged stock portfolio to make money on the DAX.
Deutscher Aktienindex (DAX) is a German blue chip index, one of the most popular indicators not only in Europe, but also in the world. It is the underlying asset of more than 150,000 financial instruments and is characterized by extremely high liquidity. This allows you to profit from the movement of the DAX in many ways, using both short-term and long-term trading strategies.