Small Cap Stocks Show Mixed Performance, Banca Popolare di Sondrio SCpA Shifts to Bullish.
Banca Popolare di Sondrio SCpA - Mildly Bullish to bullish
The small cap segment of the market has been the best performer today, with Telecom Italia SpA leading the pack with a return of 1.59%. On the other hand, Industrie De Nora SpA has been the worst performer, with a return of -2.41%. This shows a clear divide in the performance of small cap stocks in the market today.
Looking at the advance decline ratio of the stocks in this small cap segment, it is evident that there is a slight tilt towards declining stocks. Out of the 19 stocks in this segment, 10 have advanced while 9 have declined, resulting in an advance decline ratio of 1.11x. This indicates that while there are more advancing stocks, the decline in some of the stocks has pulled down the overall performance of the segment.
In terms of technical calls, there have been some recent changes in the small cap stocks. Banca Monte dei Paschi di Siena SpA, Reply SpA, Banca Generali SpA, and Banca Popolare di Sondrio SCpA have all seen a shift from bullish to mildly bullish or bullish. This could be an indication of positive market sentiment towards these stocks and could potentially lead to further gains in the near future.
Overall, the small cap segment of the market is showing mixed performance today, with some stocks outperforming while others are struggling. Investors should keep a close eye on the technical calls and market trends to make informed decisions about their investments in this segment.