Small Cap Market Shows Promising Signs with Strong Returns and Positive Sentiment
The small cap segment of the market has been the best performer today, with ONEX Corp. (Japan) leading the pack with a return of 23.81%. This is in stark contrast to Sunwood Corp., which has been the worst performer with a return of -100.00%. This shows the volatility and unpredictability of the small cap market.
Despite this, the advance decline ratio for stocks in this segment is positive, with 373 stocks advancing and only 193 declining. This indicates a healthy market sentiment and investor confidence in small cap stocks.
In terms of technical calls, there have been some recent changes in the small cap index. Hikari Business Form Co., Ltd. has shifted from a sideways to bullish trend, while KIMURATAN Corp. has moved from mildly bullish to bullish. Tokyo Cosmos Electric Co., Ltd. and Nippon Shindo Co., Ltd. have both seen a shift from bullish to mildly bullish, while Akatsuki Eazima Co., Ltd. has also moved from bullish to mildly bullish.
These changes in technical calls suggest that there may be potential for further growth and positive movement in these stocks. Investors should keep a close eye on these companies and their performance in the small cap market.
Overall, the small cap segment is showing promising signs today, with strong returns from ONEX Corp. (Japan) and a positive advance decline ratio. With some stocks showing bullish trends, it will be interesting to see how the small cap market continues to perform in the coming days.