Smallcap Market Shows Volatility and Potential for Growth Amidst Positive Advance-Decline Ratio and Technical Changes
The smallcap segment has been the best performer in the market today, with Future Venture Capital Co., Ltd. leading the pack with a return of 7.18%. On the other hand, Sunwood Corp. has been the worst performer with a return of -100.00%. This shows the volatility and unpredictability of the smallcap market.
Despite this, the advance decline ratio of the stocks in this segment is positive, with 8 stocks advancing and only 6 declining. This indicates that there is still potential for growth in this market.
In terms of technical calls, there have been some recent changes in the smallcap index. S-Science Co., Ltd. has shifted from mildly bullish to bullish, while Sanko Co., Ltd. (Nagano) has moved from bullish to mildly bullish. Tsuchiya Holdings Co., Ltd. has also seen a change from mildly bullish to bullish. SE Holdings & Incubations Co., Ltd. has shifted from sideways to mildly bullish, and JAPAN LOGISTIC SYSTEMS CORP. has also moved from sideways to mildly bullish.
These changes in technical calls suggest that there may be some positive momentum building in the smallcap market. Investors should keep a close eye on these stocks and the overall performance of the smallcap segment as it continues to drive the market today.