Midcap Segment Leads Market with Positive Advance Decline Ratio and Bullish Technical Calls
The market is seeing a mixed trend today, with the midcap segment showing a strong performance. The top performer in this segment is Healios KK, with a return of 1.01%. On the other hand, MELDIA Development & Construction Co., Ltd. has been the worst performer with a return of -100.00%.
The advance decline ratio for the stocks in this midcap segment is also positive, with 322 stocks advancing and 209 stocks declining. This indicates a bullish sentiment in the market, with a ratio of 1.54x.
Some of the top stocks in this segment have recently seen a change in their technical call. Hakuyosha Co., Ltd., Yuken Kogyo Co. Ltd., Moriya Corp., Nippon Gear Co., Ltd., and Heian Ceremony Service Co., Ltd. have all shifted from a mildly bullish to a bullish outlook. This could be due to positive news or developments within these companies, leading to an increase in investor confidence.
Overall, the market is being driven by the strong performance of the midcap segment and the positive sentiment among investors. With the advance decline ratio in favor of advancing stocks and the technical calls of top stocks turning bullish, it seems that the market is poised for further growth. Investors should keep a close eye on these midcap stocks for potential opportunities.