Midcap Segment Shows Mixed Trend, SoFi Technologies Leads with 6.44% Return
The market is showing a mixed trend today, with some stocks experiencing a sideways movement while others are showing a bullish or bearish trend. Arrow Electronics, Inc. is currently trading sideways to mildly bullish, while BorgWarner, Inc. is experiencing a mildly bearish to mildly bullish trend. On the other hand, Franklin Resources, Inc. is showing a sideways to bullish trend, and Rollins, Inc. is trading in a bullish to mildly bullish range.
The advance decline ratio in this midcap segment is currently at 1.35x, with 344 stocks advancing and 255 stocks declining. This indicates a slightly positive sentiment in the market, with more stocks moving upwards than downwards.
Some notable changes in technical calls have been observed in this midcap segment. SoFi Technologies, Inc. has emerged as the best performer with a return of 6.44%, while PBF Energy, Inc. has been the worst performer with a return of -5.00%.
Overall, the midcap segment has been a strong performer, with SoFi Technologies, Inc. leading the pack. However, there is still some volatility in the market, with some stocks showing a bearish trend. Investors should keep a close eye on these technical calls and market trends to make informed decisions.