Smallcap Segment Leads Market Today with Impressive Returns and Positive Advance Decline Ratio
The smallcap segment has been the best performer in the market today, with itsumo.inc. leading the pack with a staggering return of 141.90%. This is a significant increase compared to the overall market performance, which has been relatively flat. On the other hand, Sunwood Corp. has been the worst performer in this segment, with a return of -100.00%.
Despite the mixed performance in the smallcap segment, the advance decline ratio of the stocks in this category is still positive. Out of the 637 stocks, 341 are advancing while 296 are declining, resulting in a ratio of 1.15x. This indicates that there is still a strong demand for smallcap stocks in the market.
In terms of technical calls, there have been some recent changes in the smallcap index. S-Science Co., Ltd. has shifted from a mildly bullish to a bullish outlook, while Dynic Corp. has also seen an improvement from bullish to mildly bullish. Nichiwa Sangyo Co., Ltd. has also shown a positive shift from mildly bearish to mildly bullish, along with HOTEL NEWGRAND Co., Ltd. which has moved from mildly bullish to bullish. ASMO Corp. has remained relatively stable, with a sideways to mildly bullish outlook.
Overall, the smallcap segment continues to drive the market today with its impressive performance. Investors should keep an eye on the technical calls of these stocks to make informed decisions and take advantage of the potential opportunities in this segment. With the advance decline ratio still positive, it is clear that smallcap stocks are still in demand and could potentially offer profitable returns for investors.