Smallcap Stocks Show Strong Performance and Technical Changes Today
The smallcap segment of the market has been making waves today, with some notable performers and changes in technical calls. Teleperformance SE has emerged as the best performer with a return of 6.11%, while Euronext NV has taken the spot of worst performer with a return of -1.85%.
Despite this, the overall advance decline ratio for smallcap stocks remains positive, with 14 stocks advancing and only 8 declining. This translates to a ratio of 1.75x, indicating a strong performance for the segment as a whole.
In terms of technical calls, there have been some recent changes in the smallcap index. Eurofins Scientific SE has shifted from a bullish to mildly bullish outlook, while Vivendi SE has moved from mildly bullish to bullish. Klépierre SA has also seen a change from bullish to mildly bullish.
These changes in technical calls could be attributed to various factors, such as company performance, market trends, and investor sentiment. It is important for investors to keep a close eye on these shifts and make informed decisions when it comes to their investments.
Overall, the smallcap segment continues to show promising potential and remains a key player in driving the market today. With a mix of top performers and changes in technical calls, it will be interesting to see how this segment evolves in the coming days.