German market
Buy and sell signals for the German blue chips – from chart technicals, analyst price targets and news flow. Plus the DAX index itself in automatic pattern detection.
Forty stocks sounds manageable until you go through them every day. That is what a DAX scanner is for: it checks every constituent by the same rules, every day, with no favourites and no bad mood. The output is not a recommendation but a shortlist – the names where a second look is worth your time.
Three groups of criteria run for every German blue chip and are condensed into a buy score and a sell score:
| Area | What is evaluated |
|---|---|
| Chart technicals | position relative to the 50- and 200-day averages, RSI, distance to the 52-week high and low |
| Analysts | current consensus rating, price target and its distance from the current price, upgrades and downgrades in recent weeks |
| Sentiment | direction of the news flow and unusual clusters |
Each stock ends up with one clear verdict – buy, hold or sell – and the individual components stay visible so you can see where the verdict comes from. Almost every name also carries an analyst price target together with the number of contributing houses; a target backed by twelve analysts weighs differently from one backed by two.
As of today the scanner covers 42 German names – the DAX plus a few mid caps with good data coverage – alongside roughly 500 US names from the S&P 500 and Nasdaq 100.
Besides the individual stocks we scan the index as an instrument – most brokers list it as DE40 or GER40. Here it is not about analyst opinions but about formations in the chart: Wolfe Waves, wedges, head and shoulders and double tops. That part runs around the clock across every timeframe from M5 to monthly, and each detected pattern arrives with entry, stop loss and target line.
For context: we publish how our patterns actually perform – including the uncomfortable part. The Wolfe Wave signals come to −0.06 R per trade live, while the backtest of the same rules shows +0.37 R. All the numbers are in the backtest and the pattern ranking.
Carry US habits over to the DAX and three things will trip you up. First, composition: the index leans heavily on industrials, carmakers, chemicals and financials. That makes it more sensitive to the economic cycle and to interest rates than a technology-heavy US index. Second, trading hours: the first minutes after the Xetra open digest everything that happened overnight in Asia and the US – breakouts in that window often are not breakouts. From 15:30 CET the US open sets the tone. Third, dividends: the DAX is usually quoted as a performance index, so dividends are included. Comparing it with price indices is comparing apples with oranges.
It checks every index constituent automatically against fixed criteria and condenses the result into one signal per stock. Instead of 40 charts you get a sortable list.
It currently evaluates 42 German names plus around 500 US names. The index itself is scanned for chart patterns as DE40/GER40.
Stock evaluation daily; pattern detection on the index around the clock, from M5 to monthly.
Yes. Only the live signals with entry, stop loss and target line require the premium plan.
Current setups with entry, stop loss and target line – free to view.
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