Eurocash SA shifts to bearish outlook in smallcap market.
Eurocash SA - Mildly bearish to bearish
The smallcap segment of the market has been a hot topic lately, with investors closely monitoring its performance. In the past week, the smallcap segment has seen a mix of both positive and negative returns. Spark VC SA has emerged as the best performer with a return of 17.84%, while CCC SA has been the worst performer with a return of -5.35%.
The advance decline ratio of the stocks in this smallcap segment is also worth noting. Out of the 20 stocks, 7 have seen an increase in their value while 13 have experienced a decline. This translates to a ratio of 0.54x, indicating a slightly bearish sentiment in the market.
However, there have been some recent changes in the technical calls of certain stocks in this segment. Grupa Kety SA, Benefit Systems SA, and Asseco Poland SA have all shifted from a mildly bullish outlook to a bullish one. Inter Cars SA, on the other hand, has moved from a sideways trend to a mildly bullish one. Eurocash SA is the only stock that has seen a change from a mildly bearish to a bearish outlook.
Investors should keep a close eye on these stocks as they may present potential opportunities for growth in the smallcap segment. With the market constantly evolving, it is important to stay updated on the latest trends and shifts in the smallcap segment to make informed investment decisions.