Global stock market indices: How the world markets performed today - 10 February 2025

The international stock market indices showed varied performances on February 10, 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 10, 2025

The Sensex opened at 77,789.30 and closed at 77,311.80, experiencing a decline of 0.70% or 548.39 points. The 50-day EMA is slightly above the 200-day EMA, which could indicate a short-term bearish trend. Additionally, the RSI is at 48.42, suggesting a neutral momentum without an overbought or oversold condition.

Relationship with Key Moving Averages

The Sensex closed at 77,311.80, below both the 50-day EMA (78,094.24) and the 200-day EMA (77,836.22), indicating potential bearish sentiment in the market. The close is, however, near the 10-day EMA (77,474.82) and the 20-day EMA (77,393.93), suggesting short-term averages are closer to the current price.

Moving Averages Trend (MACD)

The MACD value of -80.24, being above the MACD Signal line value of -324.51, suggests a potential bullish crossover in the market sentiment for Sensex. This may indicate a possible upward momentum, despite the current negative points change. However, other indicators should also be considered for a comprehensive analysis.

RSI Analysis

The RSI value for the Sensex is 48.42, which suggests that it is in a neutral position, neither overbought nor oversold. Typically, an RSI below 30 indicates an oversold condition, while above 70 suggests it is overbought. Therefore, the current RSI implies a balanced market sentiment.

Analysis for Dow Jones Industrial Average (US) - February 10, 2025

The Dow Jones Industrial Average (US) opened at 44,762.57 and closed at 44,303.40, marking a decrease of 0.99% with a points change of -444.23. The day's trading saw a high of 44,857.11 and a low of 44,279.78. The Relative Strength Index (RSI) is at 54.08, suggesting neutral momentum, while the Moving Average Convergence Divergence (MACD) indicates positive momentum above its signal line.

Relationship with Key Moving Averages

The Dow Jones Industrial Average is trading below its 10 EMA of 44,488.69 but is above both the 50 EMA of 43,712.14 and the 200 EMA of 41,684.26. This suggests short-term weakness but overall bullishness in the medium to long term.

Moving Averages Trend (MACD)

The Dow Jones Industrial Average is currently showing a positive MACD, with a value of 375.25, which is above the MACD Signal line of 354.40. This indicates a short-term bullish momentum for the index, suggesting potential upward movement if the trend continues.

RSI Analysis

The relative strength index (RSI) for the Dow Jones Industrial Average is 54.08, which suggests a neutral momentum in the market. With the RSI being close to the middle of the scale (between 30 and 70), it indicates neither overbought nor oversold conditions at this time.

Analysis for CAC 40 (France) - February 10, 2025

CAC 40, representing France, opened at 7977.76, reached a high of 8003.27, and closed slightly higher at 7974.47, with a minimal percentage change of 0.018%. The index shows strong momentum with an RSI of 67.38 and a MACD close to its signal line, indicating potential bullish sentiment.

Relationship with Key Moving Averages

The closing price of CAC 40 is 7974.47, which is above its 10-day EMA of 7918.76, 20-day EMA of 7823.91, 50-day EMA of 7642.75, and 200-day EMA of 7554.47, indicating a strong upward trend in the short to long term. The RSI is at 67.38, suggesting momentum may be nearing overbought levels.

Moving Averages Trend (MACD)

The MACD value for CAC 40 is 128.05, and the MACD Signal is 129.79. Since the MACD is slightly below the MACD Signal, it suggests a potential bearish signal, indicating that the momentum might be shifting towards a downward trend.

RSI Analysis

The Relative Strength Index (RSI) for CAC 40 is at 67.38, suggesting a stronger bullish momentum. Typically, an RSI above 70 is considered overbought, while readings above 50 indicate a generally positive trend. The current level is approaching overbought conditions, indicating potential for a trend reversal or pullback.

Analysis for FTSE 100 (UK) - February 10, 2025

The FTSE 100 index opened at 8700.53 and closed at 8733.92, reflecting a 0.38% increase with a points gain of 33.42. The RSI stands at 69.51, indicating the index might be nearing overbought conditions, while the MACD is above its signal line, suggesting potential continued upward momentum.

Relationship with Key Moving Averages

The FTSE 100 closed at 8733.92, which is above its 50 EMA of 8415.94, 200 EMA of 8216.33, and also above the 10 EMA and 20 EMA. This indicates a strong upward momentum and a position above key moving averages, suggesting a positive short-term and long-term trend.

Moving Averages Trend (MACD)

The MACD value of 105.49 indicates a bullish momentum for the FTSE 100 compared to the signal line at 94.85, suggesting an upward trend. The positive MACD Histogram also supports this bullish signal.

RSI Analysis

The RSI for FTSE 100 is 69.51, indicating that the index is close to being overbought. Typically, an RSI above 70 suggests overbought conditions, which could mean a potential pullback or correction in the near term.

Analysis for DAX (Germany) - February 10, 2025

The DAX (Germany) index opened at 21,830.93 and closed slightly higher at 21,796.88 points, representing a modest gain of 0.045%. The RSI indicator suggests that the index is near overbought territory, and the MACD value indicates a bullish momentum with a slight positive divergence from the signal line. The volume for the session was recorded at 0, implying unavailable or missing data for this metric.

Relationship with Key Moving Averages

The DAX (Germany) closed at 21796.88, above its 50 EMA of 20691.07 and 200 EMA of 19261.30, indicating a positive trend. Its 10 EMA of 21610.98 and 20 EMA of 21324.26 also support the current upward momentum.

Moving Averages Trend (MACD)

**MACD Analysis for DAX (Germany):** The MACD value for DAX is 384.57, while the MACD Signal is 379.24. With the MACD being higher than the Signal, it suggests a bullish trend, indicating potential upward momentum in the market.

RSI Analysis

The RSI for DAX (Germany) is at a high level of 69.95, indicating that the index is approaching the overbought territory, suggesting potential overvaluation and a possible forthcoming price correction. Consider monitoring for signs of a trend reversal if RSI crosses above 70.

Analysis for S&P 500 (US) - February 10, 2025

The S&P 500 opened at 6083.13, experienced a high of 6101.28 and a low of 6019.96, closing slightly down at 6025.99, marking a percentage change of -0.95% with a points change of -57.58. Trading volume was high at 4.77 billion, with short-term 10 EMA at 6041.54 indicating recent downward pressure, while its RSI of 51.27 suggests the index is in a neutral momentum phase.

Relationship with Key Moving Averages

The S&P 500 closed below its 10-day EMA of 6041.54 and very close to its 20-day EMA of 6023.02, indicating a slight short-term bearish momentum. However, it remains well above its 50-day EMA of 5979.12 and significantly above the 200-day EMA of 5658.03, suggesting a generally positive longer-term trend.

Moving Averages Trend (MACD)

The MACD for S&P 500 is 23.86, which is higher than the MACD Signal of 23.39, suggesting a potential bullish trend. The positive MACD indicates that the recent momentum is up, but the small difference suggests a cautious approach might be considered.

RSI Analysis

The RSI (Relative Strength Index) for S&P 500 is 51.27, indicating a neutral market momentum. This suggests that the index is neither overbought nor oversold, providing a balanced sentiment among investors.

Analysis for Hang Seng Index (Hong Kong) - February 10, 2025

The Hang Seng Index opened at 21,223.61, reaching a high of 21,539.63 and closing at 21,521.98, marking a points change of 388.44 from the previous close of 21,133.54. This resulted in a percentage increase of approximately 1.84%. The index shows a strong performance with an RSI of 73.65, indicating overbought conditions, and a bullish MACD of 369.69, well above the MACD Signal of 192.50.

Relationship with Key Moving Averages

The Hang Seng Index is trading above its 50-day EMA of 19989.25 and 200-day EMA of 19089.40, indicating a strong upward trend. Additionally, the current price is above the 10-day EMA of 20659.26 and 20-day EMA of 20295.67, suggesting bullish momentum in the short term.

Moving Averages Trend (MACD)

The MACD for the Hang Seng Index is at 369.69, while the MACD Signal is at 192.50, indicating a bullish momentum as the MACD line is above the Signal line. The RSI of 73.65 suggests the index might be overbought in the short term.

RSI Analysis

The RSI (Relative Strength Index) for the Hang Seng Index is 73.65, indicating the index is in the overbought territory. This suggests a potential for a price pullback or consolidation in the near term as the RSI exceeds the typical overbought threshold of 70.

Analysis for IBEX 35 (Spain) - February 10, 2025

IBEX 35 (Spain) opened at 12,681.0 and closed at 12,713.3, reflecting a positive change of 0.19% from the previous close of 12,688.9. The index showed a range between 12,674.9 and 12,733.8, with a notable RSI of 73.19, indicating an overbought condition. The current price remains above all EMA levels, suggesting upward momentum.

Relationship with Key Moving Averages

IBEX 35 is trading above its key moving averages, with the current close of 12713.30 being higher than the 10-day EMA of 12461.09, the 20-day EMA of 12258.60, the 50-day EMA of 11994.21, and the 200-day EMA of 11441.26. This suggests a strong upward trend in the market.

Moving Averages Trend (MACD)

The MACD value for IBEX 35 is 233.11, which is above the MACD signal line at 175.08. This indicates bullish momentum, suggesting a potential continuation of the upward trend.

RSI Analysis

The RSI value for IBEX 35 is 73.19, indicating that the index is currently in the overbought territory. This suggests a potential for a price pullback or correction in the near term as the buying pressure might be overextended.

Analysis for NASDAQ Composite (US) - February 10, 2025

The NASDAQ Composite (US) opened at 19,774.87, reaching a high of 19,862.54 and a low of 19,489.36, before closing at 19,523.40, resulting in a decrease of 268.59 points or 1.36% from the previous close. The relative strength index (RSI) is 48.44, indicating the market is in a neutral position, and the moving average convergence divergence (MACD) is 29.59, below the signal line at 39.33.

Relationship with Key Moving Averages

The NASDAQ Composite closed below its 10-day EMA of 19635.29 and also below its 20-day EMA of 19620.91, indicating short-term bearish momentum. However, it remains above the 50-day EMA of 19461.33, suggesting some support at this level.

Moving Averages Trend (MACD)

For the NASDAQ Composite, the MACD line is currently at 29.59, which is below the MACD Signal line at 39.33. This suggests a bearish momentum as the MACD histogram would likely indicate declining strength in the recent trend.

RSI Analysis

The RSI (Relative Strength Index) for NASDAQ Composite is at 48.44, which suggests a neutral momentum. It is close to the mid-point of the typical RSI scale (30 to 70), indicating no clear overbought or oversold conditions in the market presently.

Analysis for Nikkei 225 (Japan) - February 10, 2025

Nikkei 225 (Japan) opened at 38,736.37, reaching a high of 38,895.74 and a low of 38,606.32, before closing at 38,801.17, marking a slight increase of 0.036% from the previous close. Despite the lack of volume data, technical indicators show a Relative Strength Index (RSI) of 45.79 and a MACD of -90.94. The index's performance has been mildly positive with a Points Change of 14.15.

Relationship with Key Moving Averages

The Nikkei 225 closed at 38,801.17, which is below its 50-day EMA of 39,078.84 and 10-day EMA of 38,999.67, indicating short-term bearish sentiment. However, it remains above the 200-day EMA of 38,260.91, reflecting a long-term bullish stance.

Moving Averages Trend (MACD)

The current MACD value for Nikkei 225 is -90.94, while the MACD Signal line is at -25.64. This suggests a bearish momentum, as the MACD is below the signal line, indicating potential selling pressure.

RSI Analysis

The current RSI value for Nikkei 225 (Japan) is 45.79, indicating that the index is in a neutral zone, suggesting neither overbought nor oversold conditions. It's important to monitor if the RSI approaches the 30 or 70 levels for potential oversold or overbought signals, respectively.

Analysis for Nifty Bank - February 10, 2025

The Nifty Bank index opened at 50052.5 and closed slightly lower at 49981.0, marking a decrease of -177.85 points or -0.35% from the previous close of 50158.85. Despite a marginal dip, the RSI is at 52.17, suggesting a relatively neutral technical momentum, while the MACD indicates potential bearishness with a negative reading.

Relationship with Key Moving Averages

The closing price of Nifty Bank is below both its 50-day EMA (50224.07) and 200-day EMA (50215.42), indicating a potential bearish trend in the short to medium term. However, the closing is above the 10-day EMA (49772.31) and 20-day EMA (49660.87), suggesting some short-term strength.

Moving Averages Trend (MACD)

Based on the provided stock data for Nifty Bank, the MACD is -42.25, which is above the MACD signal line of -298.22. This suggests a potential bullish trend or turnaround, indicating that the recent price momentum for Nifty Bank may be gaining strength. However, it is important to consider other indicators for a comprehensive analysis.

RSI Analysis

The Relative Strength Index (RSI) for Nifty Bank is 52.17, indicating a neutral market sentiment. An RSI near 50 suggests neither overbought nor oversold conditions, implying there is no strong trend in either direction.

Analysis for Nifty 50 - February 10, 2025

Nifty 50 opened at 23,543.80 and closed slightly lower at 23,381.60, marking a decrease of 0.76% or a drop of 178.35 points from the previous close of 23,559.95. The index showed some volatility with a high of 23,568.60 and a low of 23,316.30. The RSI indicates a neutral momentum, and the MACD suggests a bearish trend.

Relationship with Key Moving Averages

Nifty 50 closed at 23,381.60, which is below its 50 EMA of 23,653.35 and 200 EMA of 23,620.55, indicating a potential bearish trend. It is slightly closer to its 10 EMA of 23,445.51 and 20 EMA of 23,426.91, showing short-term price fluctuations around these levels.

Moving Averages Trend (MACD)

The MACD value of -29.50, which is above the Signal line value of -98.78, suggests that the negative momentum for Nifty 50 might be slowing down. This crossover can indicate a potential reversal or a pause in the current downward trend, but further confirmation from additional indicators or market conditions would be prudent.

RSI Analysis

**Nifty 50**: The RSI (Relative Strength Index) of 47.86 indicates that the index is currently in a neutral zone. This suggests neither overbought nor oversold conditions, implying balanced buying and selling pressures in the market.