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Primary economy: Germany economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Forecast batch: 9/23/26
^GDAXI's calibrated band puts the expected move at ±1.4% over 7 days, widening to ±3.3% over 28. Each horizon's current status is below.
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Construction Output YoY (r=+0.88), Producer Price Index MoM (r=+0.86), Consumer Confidence (r=+0.86), Construction Output YoY (r=+0.82), GDP Growth Rate YoY (r=+0.77)
Inversely correlated: Retail Sales MoM (r=-0.94), Gross Domestic Product YoY (r=-0.80), 12-Month BOT Auction (r=-0.78)
As of September 23, 2026, ^GDAXI is trading at 25370.70. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
The DAX (^GDAXI) is a market index covered by the Sigmanomics analytics platform. The ^GDAXI index closed at 25,425.50 on September 23, 2026, reflecting a decline of 0.68% from the previous close of 25,600.00.
Over the past 30 days, the index has experienced a modest downtrend with a decline of 3.28%, ranging between 25,168.40 and 26,624.10. The price currently trades below its 20-day moving average of 25,779.53. The 14-day RSI stands at 42.7, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 0.72%, reflecting subdued price variability for this index. Across the past 52 weeks, the index has traded between 21,863.81 and 26,624.10, with the current price near the midrange of that range.
Daily-return volatility of 0.72% is subdued for this index, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. ^GDAXI is currently trading 1.37% below its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 42.7, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Sep 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.