Small Cap Segment Leads Market with Positive Sentiment and Technical Changes
The small cap segment of the market has been the best performer today, with Koken Boring Machine Co., Ltd. leading the way with a return of -3.47%. On the other hand, Sunwood Corp. has been the worst performer, with a return of -100.00%. This segment has seen a total of 332 stocks advancing and 225 stocks declining, resulting in an advance decline ratio of 1.48x.
Among the stocks in this small cap index, there have been some recent changes in technical calls. JTP Co., Ltd. has shifted from a bullish to mildly bullish outlook, while Tokuden Co., Ltd. has moved from mildly bullish to bullish. The Howa Bank Ltd. has also seen a change from mildly bullish to bullish, while Tose Co., Ltd. has gone from a sideways trend to mildly bullish. Hayashikane Sangyo Co., Ltd. has also experienced a shift from mildly bullish to bullish.
These changes in technical calls indicate a positive sentiment in the small cap segment, with more stocks moving towards a bullish outlook. This could be driven by various factors such as strong earnings reports, positive market sentiment, and potential growth opportunities. Investors should keep a close eye on these stocks as they may present potential investment opportunities in the small cap market. With the small cap segment being the best performer today, it is clear that this segment is currently driving the market.