Through new operational optical spaceborne sensors (EnMAP and Sentinel-2) the impact analysis of climate change on forest ecosystems will be fostered. This analysis examines the potential of high spectral, spatial and temporal resolution data for detecting forest vegetation parameters, in particular Chlorophyll and Canopy Water content. The study site is a temperate spruce forest in Germany where in 2013 several trees were Ring-barked for a controlled die-off. During this experiment Ring-barked and Control trees were observed. Twelve airborne hyperspectral HySpex VNIR (Visible/Near Infrared) and SWIR (Shortwave Infrared) data with 1m spatial and 416 bands spectral resolution were acquired during the vegetation periods of 2013 and 2014. Additional laboratory spectral measurements of collected needle samples from Ring-barked and Control trees are available for needle level analysis. Index analysis of the laboratory measurements and image data are presented in this study.