Smallcap Segment Takes Lead as Top Performer, Technical Calls Show Potential for Growth
The market is constantly evolving and today, the smallcap segment is taking the lead as the best performer. International Petroleum Corp. has seen a return of 9.04%, making it the top performer in this segment. On the other hand, Terrascend Corp. has been the worst performer with a return of -5.71%.
Looking at the advance decline ratio of the stocks in this smallcap segment, we can see that 58 stocks are advancing while 80 stocks are declining, resulting in a 0.72x ratio. This indicates that the market is currently experiencing a mix of both positive and negative movements.
In terms of technical calls, there have been some recent changes in the smallcap index. Primaris Real Estate Investment Trust has shifted from mildly bearish to mildly bullish, while Nexus Industrial REIT has moved from bearish to mildly bullish. Trisura Group Ltd. has also seen a change from mildly bearish to mildly bullish, while Advantage Energy Ltd. has shifted from mildly bullish to bullish. Altius Minerals Corp. has also moved from mildly bearish to mildly bullish.
These changes in technical calls suggest that there may be some potential for growth in these stocks. However, it is important for investors to conduct their own research and analysis before making any investment decisions. The market is constantly changing and it is crucial to stay informed and make informed decisions to drive success in the market.