Bearish sentiment as S&P 500 and Nasdaq suffer losses with majority of stocks below 50-day MA

From Investing.com: 2025-02-25 02:43:00

The markets hit new all-time highs before being met with heavy selling reminiscent of December’s downturn. Volume surged, indicating control by sellers as markets fell back into prior trading ranges. The Nasdaq and S&P 500 both suffered losses, with the Nasdaq potentially testing 18,700. The percentage of stocks above their 50-day MA dropped to 33%, signaling bearish sentiment. The Semiconductor Index ($SOX) reversed from a gap but remains range-bound. The Russell 2000 ($IWM) broke its bullish trend, hinting at a shift to a trading range. Despite setbacks, analysts are adjusting parameters for the next breakout.



Read more at Investing.com: S&P 500 Bears Take Control, Nasdaq With 55% of Stocks Below 50-Day MA