mBank SA, Budimex SA, and Allegro.eu SA Show Positive Technical Outlook Amidst Overall Market Growth

mBank SA, Budimex SA, and Allegro.eu SA. These stocks have shown a change in their technical outlook, with mBank SA being mildly bullish to bullish, Budimex SA also showing a similar trend, and Allegro.eu SA moving from sideways to mildly bullish.

However, the overall market trend for this segment has been positive, with Powszechna Kasa Oszczednosci Bank Polski SA being the best performer with a return of 4.99%. This is followed by mBank SA, which has also shown a positive technical outlook. On the other hand, Dino Polska SA has been the worst performer with a return of -1.26%, indicating a bearish trend for the stock.

Looking at the advance-decline ratio, it can be seen that 18 stocks are advancing while only 3 stocks are declining, with a ratio of 6.0x. This further supports the overall positive sentiment in the market.

The driving force behind this market trend can be attributed to the strong performance of the large cap segment, with investors showing confidence in these stocks. This can also be seen in the technical outlook of the stocks, with most of them showing a bullish or mildly bullish trend.

Investors should keep a close eye on the changing technical outlook of these stocks, as it can have a significant impact on their investment decisions. With the market showing a positive trend, it is important for investors to conduct thorough research and analysis before making any investment decisions.