Smallcap Segment Leads Market with Strong Performances and Positive Technical Calls
The smallcap segment has been the best performer in the market today, with Industrie De Nora SpA leading the pack with a return of 5.24%. This is a significant increase compared to the worst performer, Banca Generali SpA, which saw a return of -1.74%. This shows that the smallcap segment is currently driving the market.
Looking at the advance decline ratio of the stocks in this smallcap segment, we can see that 11 stocks are advancing while 9 stocks are declining. This results in a ratio of 1.22x, indicating that the majority of stocks in this segment are performing well.
In terms of technical calls, there have been some recent changes in the smallcap segment. Saipem SpA is currently showing a sideways to mildly bullish trend, while Banca Generali SpA has shifted from bullish to mildly bullish. Banca Monte dei Paschi di Siena SpA and Credito Emiliano SpA have both moved from mildly bullish to bullish, and Banca Popolare di Sondrio SPA has shifted from bullish to mildly bullish.
Overall, the smallcap segment is driving the market today with strong performances from Industrie De Nora SpA and positive technical calls for several stocks. Investors should keep an eye on this segment as it continues to show potential for growth and profitability.