Global stock market indices: How the world markets performed today - 28 February 2025

The international stock market indices showed varied performances on February 28, 2025, reflecting the economic sentiment across different regions.

In this article, we analyze the performance of key global indices including the S&P 500, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100, DAX, CAC 40, IBEX 35, Nikkei 225, Hang Seng, Nifty 50, and BSE Sensex.

Analysis for Sensex - February 28, 2025

The Sensex experienced a significant decline with a closing value of 73,198.10, marking a drop of approximately 1.90% or 1,414.33 points compared to the previous close. The RSI indicates a potential oversold condition at 24.40, and the MACD is below the signal line, suggesting bearish momentum. The 50-day and 200-day EMAs are above the current price, reinforcing the downward trend.

Relationship with Key Moving Averages

The Sensex closed at 73,198.10, which is below its 10-day EMA of 74,999.87, 20-day EMA of 75,727.35, 50-day EMA of 76,957.47, and 200-day EMA of 77,540.26. This indicates a bearish trend, as the closing price is below all key moving averages.

Moving Averages Trend (MACD)

The MACD for Sensex is -842.82 and the MACD signal is -594.72, indicating a bearish trend as the MACD line is below the signal line. This suggests that there may be downward momentum in the market.

RSI Analysis

RSI Analysis for Sensex: The RSI (Relative Strength Index) for Sensex is at 24.40, which typically indicates that the index is in the oversold region. An RSI below 30 often suggests that the market may be poised for a potential rebound as selling pressure might be overdone.

Analysis for Dow Jones Industrial Average (US) - February 28, 2025

Dow Jones Industrial Average (US) Performance: The Dow Jones Industrial Average opened at 43,516.44 and closed at 43,239.50 with a decrease of 193.62 points, marking a -0.45% change. Trading volume was high at 739,620,000, and technical indicators show the index below important moving averages and with a low RSI of 37.81, suggesting bearish market conditions.

Relationship with Key Moving Averages

The Dow Jones Industrial Average closed at 43,239.5, which is below its 50 EMA of 43,838.75, 10 EMA of 43,807.61, and 20 EMA of 43,989.99. This indicates a potential bearish trend as the closing price is lower than these key moving averages.

Moving Averages Trend (MACD)

The Dow Jones Industrial Average is currently experiencing bearish momentum, as indicated by the MACD of -116.54, which is below the MACD Signal of 72.47. This suggests a potential downtrend continuation, with a weakening of upward momentum in the short term.

RSI Analysis

The RSI value for the Dow Jones Industrial Average is 37.81, indicating a slightly oversold condition. This suggests potential for a market rebound, but traders might remain cautious as it approaches the lower threshold of the neutral zone.

Analysis for CAC 40 (France) - February 28, 2025

CAC 40 (France) Performance: The CAC 40 index saw a decrease of 0.34% with a closing value of 8075.02, down by 27.5 points from the previous close of 8102.52. The index experienced a trading range between 8031.48 and 8081.04 with a stable RSI of 56.90, indicating a relatively balanced market sentiment.

Relationship with Key Moving Averages

The CAC 40 index closed at 8075.02, which is above its 50-day EMA of 7847.11 and 200-day EMA of 7628.62, indicating a general uptrend. However, it is slightly below its 10-day EMA of 8098.19, suggesting short-term weakness.

Moving Averages Trend (MACD)

The current MACD for CAC 40 is 91.49, which is lower than the MACD Signal of 115.04. This suggests a bearish trend as the MACD is below the signal line, indicating potential downward momentum.

RSI Analysis

The RSI for CAC 40 (France) is 56.90, which is in the neutral range between 30 and 70, indicating no strong overbought or oversold conditions. This suggests a balanced momentum without extreme trends.

Analysis for FTSE 100 (UK) - February 28, 2025

FTSE 100 (UK) opened at 8756.21 and closed slightly higher at 8768.53, reflecting a 0.14% increase and a points gain of 12.33. The index exhibited a respectable Relative Strength Index (RSI) of 63.72, suggesting a strong but not overbought market. The moving averages indicate a consistent uptrend with the 10-EMA at 8720.00 and 50-EMA at 8550.59, surpassing the 200-EMA at 8283.92.

Relationship with Key Moving Averages

FTSE 100 (UK) is currently trading above its 50-day EMA of 8550.59 and 200-day EMA of 8283.92, indicating a bullish trend. The close value of 8768.53 is also above the 10-day EMA of 8720.00 and the 20-day EMA of 8683.86, suggesting strong short-term momentum.

Moving Averages Trend (MACD)

The MACD for FTSE 100 is 60.04, which is below its Signal line of 72.04, indicating a bearish momentum. This suggests that the market may experience a downward movement if the trend continues. However, with the RSI at 63.72, the index is still within a neutral range, albeit leaning towards an overbought condition.

RSI Analysis

FTSE 100 (UK) shows a Relative Strength Index (RSI) of 63.72, indicating that the index is approaching the overbought territory but is not yet in it. This suggests a generally bullish momentum, but caution is advised as it nears the 70 level, which typically signals overbought conditions.

Analysis for DAX (Germany) - February 28, 2025

The DAX index (Germany) opened at 22,409.25, reaching a high of 22,493.91 and a low of 22,329.06, closing at 22,473. This marks a decrease of 0.35% from its previous close of 22,550.89. The Relative Strength Index (RSI) is at 60.81, indicating a moderately strong market sentiment, while the MACD suggests a bearish divergence as it is below its signal line.

Relationship with Key Moving Averages

For the DAX (Germany), the latest close at 22,473 is above the 50-day EMA of 21,462.61 and significantly above the 200-day EMA of 19,683.40, indicating a strong upward trend. However, it slightly exceeds the 10-day EMA of 22,456.06 and the 20-day EMA of 22,209.91, suggesting moderate strength in the short-term momentum.

Moving Averages Trend (MACD)

The MACD for DAX is currently 370.82, while the MACD Signal line is at 416.75, indicating a bearish crossover as the MACD has fallen below the Signal line. This suggests potential downward momentum in the near term.

RSI Analysis

The Relative Strength Index (RSI) for DAX (Germany) is 60.81, suggesting that the market is showing moderate strength, leaning towards slightly overbought conditions. Generally, an RSI above 70 indicates overbought and below 30 indicates oversold, so the index is not in extreme territory, which suggests potential stability or slight upward momentum.

Analysis for S&P 500 (US) - February 28, 2025

The S&P 500 (US) experienced a decrease in its performance with a closing value of 5861.57, down from the previous close of 5956.06, marking a percentage change of -1.59%. The index faced selling pressure as indicated by a high volume of 5,057,680,000 and a low RSI of 33.83, suggesting that the market might be entering a potential oversold condition.

Relationship with Key Moving Averages

The opening price of S&P 500 at 5981.88 is below both the 50-day EMA of 6001.92 and the 10-day EMA of 5998.14, indicating a bearish trend. Additionally, the closing price of 5861.57 is also below the 20-day EMA of 6021.15.

Moving Averages Trend (MACD)

The MACD for the S&P 500 is currently negative at -14.64, with the MACD Signal line at 11.46, suggesting a bearish momentum. This indicates that the S&P 500 might be experiencing downward pressure and could be in a potential downtrend.

RSI Analysis

The RSI for S&P 500 is 33.83, which suggests that the index is approaching oversold territory, typically indicated when RSI is below 30. This may imply potential for a price reversal or consolidation in the near future.

Analysis for Hang Seng Index (Hong Kong) - February 28, 2025

Hang Seng Index (Hong Kong) opened at 23,616.18 and closed at 22,941.32 with a decrease of approximately 3.28%, reflecting a points change of -776.97 from the previous close of 23,718.29. The RSI value is 61.10, indicating slightly bullish momentum, while the MACD is above its signal line, suggesting an upward trend, albeit the index faced a notable decline on this trading day.

Relationship with Key Moving Averages

Hang Seng Index closed below its 10 EMA of 23001.78 but remained significantly above its 50 EMA and 200 EMA, indicating a short-term bearish sentiment while maintaining a longer-term bullish trend. The MACD is above its signal line, showing potential for a reversal to upward momentum despite the current decline.

Moving Averages Trend (MACD)

For the Hang Seng Index (Hong Kong), the MACD of 849.25 is above the MACD Signal of 800.06, indicating a bullish trend. This suggests potential upward price movement, as the momentum appears to be in favor of buyers.

RSI Analysis

RSI Analysis for Hang Seng Index (Hong Kong): The RSI value for Hang Seng Index is 61.10, indicating a relatively neutral position. This suggests that the index is neither overbought nor oversold, often interpreted as a stable market condition.

Analysis for IBEX 35 (Spain) - February 28, 2025

The IBEX 35 opened at 13239 and closed slightly lower at 13264, reflecting a minor daily drop of 0.049% with a 6.5-point loss. The index's RSI of 72.95 suggests it is in the overbought territory, with the MACD indicating upward momentum as it remains above the signal line. The volume for the day was approximately 47 million, while key moving averages remained below the closing price, indicating a continued upward trend.

Relationship with Key Moving Averages

The IBEX 35 is trading above key moving averages, with its close value of 13264.10 above the 50-day EMA of 12452.24 and the 200-day EMA of 11651.49, indicating a strong bullish trend. Additionally, the close is also above the 10-day EMA of 13099.65 and the 20-day EMA of 12887.74, reinforcing the positive momentum.

Moving Averages Trend (MACD)

The MACD for IBEX 35 is currently at 282.79, with a signal line of 275.47. This indicates a bullish momentum as the MACD value is above the signal line. The distance between the MACD and the signal suggests a positive but moderate bullish sentiment.

RSI Analysis

The Relative Strength Index (RSI) for IBEX 35 is 72.95, indicating that the index is in the overbought territory. This suggests that the index may be due for a correction or consolidation period.

Analysis for NASDAQ Composite (US) - February 28, 2025

The NASDAQ Composite experienced a decline, closing at 18,544.42 with a percentage drop of -2.78% and a points change of -530.84. The index's RSI is indicating oversold conditions at 30.59, and the MACD shows bearish momentum with a value of -143.57. The trading volume stood at 7,700,290,000.

Relationship with Key Moving Averages

The NASDAQ Composite's closing price of 18544.42 is below its 10-day EMA (19324.04), 20-day EMA (19491.94), and 50-day EMA (19487.79) but above its 200-day EMA (18320.56). This indicates a bearish short-term trend, as reflected by its significant price drop and negative MACD value.

Moving Averages Trend (MACD)

The NASDAQ Composite is exhibiting bearish momentum, as indicated by the MACD value of -143.57, which is below the MACD Signal of -10.37. This suggests that the index may be experiencing downward pressure in the current trading environment.

RSI Analysis

NASDAQ Composite (US) RSI Analysis: The Relative Strength Index (RSI) for the NASDAQ Composite is 30.59, indicating that the index is approaching oversold territory. This level suggests potential buying opportunities, but caution is advised as it may also reflect ongoing downward momentum.

Analysis for Nikkei 225 (Japan) - February 28, 2025

The Nikkei 225 (Japan) opened at 37,853.48, reaching a high of 37,925.28 and a low of 36,840.12, before closing at 37,155.5. The index saw a percentage change of -2.88% with a points decrease of 1,100.67 from the previous close of 38,256.17. The RSI stands at 30.12, indicating that the market is nearing oversold conditions.

Relationship with Key Moving Averages

The Nikkei 225 is trading below its short-term (10 EMA), medium-term (50 EMA), and long-term (200 EMA) exponential moving averages, indicating a bearish trend. With a close of 37155.5, it is well beneath these averages, reflecting negative market sentiment. Additionally, the RSI of 30.12 suggests the index could be approaching oversold conditions.

Moving Averages Trend (MACD)

MACD Analysis for Nikkei 225 (Japan): The MACD line is currently at -313.74, which is below the MACD Signal line at -147.23. This suggests a bearish trend with potential continued downward momentum in the market.

RSI Analysis

RSI Analysis for Nikkei 225 (Japan): With a Relative Strength Index (RSI) of 30.12, Nikkei 225 is approaching the oversold territory, suggesting potential buying opportunities. Traditionally, an RSI below 30 indicates that the asset is undervalued and may experience a price reversal or rally in the near future.

Analysis for Nifty Bank - February 28, 2025

Nifty Bank opened at 48,437.55 and closed at 48,344.70, marking a decrease of 399.10 points or -0.82% from the previous close of 48,743.80. The RSI is at 38.03, suggesting a bearish momentum, while the MACD at -291.36 indicates a declining trend compared to the signal line at -211.76. The sector, industry, and market cap details are unavailable.

Relationship with Key Moving Averages

Nifty Bank closed at 48,344.70, which is below the 10 EMA (48,910.45), 20 EMA (49,146.63), 50 EMA (49,737.79), and 200 EMA (50,076.76). This indicates a bearish position relative to these key moving averages.

Moving Averages Trend (MACD)

MACD Analysis for Nifty Bank: The MACD value of -291.36, being below the MACD Signal of -211.76, indicates a bearish trend. The negative MACD suggests that the price momentum is weakening and there is a potential for continued downside movement.

RSI Analysis

Based on the provided data, the RSI for Nifty Bank is 38.03, indicating that the index is approaching an oversold condition. This suggests potential for a reversal, but caution should be exercised as the market sentiment is relatively weak.

Analysis for Nifty 50 - February 28, 2025

The Nifty 50 opened lower and closed at 22,124.70, which is a decline of 1.86% from the previous close of 22,545.05, resulting in a points change of -420.35. The RSI stands at 23.04, indicating oversold conditions, and the MACD is below the signal line, suggesting bearish momentum.

Relationship with Key Moving Averages

The Nifty 50 is currently trading below its key moving averages, with the 10-day EMA at 22677.17, the 50-day EMA at 23292.34, and the 200-day EMA at 23520.35. This indicates a bearish trend, as the current close of 22124.70 is lower than all these averages.

Moving Averages Trend (MACD)

Based on the given data, Nifty 50 is experiencing bearish momentum as indicated by the negative MACD value of -262.57. Moreover, the MACD is below the MACD Signal line, suggesting a continuation of the current downtrend.

RSI Analysis

RSI Analysis for Nifty 50: The Relative Strength Index (RSI) for Nifty 50 is currently at 23.04, which indicates that the index is in the oversold territory. This suggests potential undervaluation and could imply a buying opportunity, although investors should consider other factors and indicators before making decisions.