Midcap Segment Sees Mixed Sentiment, Amer Sports Leads with 19.05% Return
The stock market is constantly changing and today, the midcap segment is in the spotlight. With 220 stocks advancing and 382 stocks declining, the advance decline ratio stands at 0.58x. This indicates a mixed sentiment in the market, with more stocks declining than advancing.
However, despite this, the midcap segment has been performing well overall. One of the top performers in this segment is Amer Sports, Inc. with a return of 19.05%. On the other hand, Eagle Materials, Inc. has been the worst performer with a return of -8.79%.
In terms of individual stocks, H&R Block, Inc. is showing a sideways to mildly bullish trend, while Graham Holdings Co. and Group 1 Automotive, Inc. have both shifted from bullish to mildly bullish. C.H. Robinson Worldwide, Inc. is also showing a sideways to mildly bullish trend, while Alkermes Plc has shifted from bullish to mildly bullish.
Overall, the midcap segment is seeing a mix of bullish and bearish trends, with some stocks performing better than others. Investors should keep a close eye on these stocks and their technical calls to make informed decisions in the market.