Solvac SA Leads Smallcap Surge, Proximus SA Struggles: Market Analysis
Solvac SA - Bullish to strongly bullish
The smallcap segment has been the best performer in the market today, with Solvac SA leading the pack with a return of 5.09%. On the other hand, Proximus SA has been the worst performer with a return of -2.05%. This shows a clear divide in the performance of smallcap stocks in the market.
Looking at the advance decline ratio of the stocks in this smallcap segment, we can see that 9 stocks are advancing while only 2 stocks are declining. This indicates a positive sentiment in the market for smallcap stocks, with a ratio of 4.5x.
In terms of technical calls, there have been some recent changes in the smallcap index. Proximus SA, which was previously trading sideways to mildly bullish, has now shifted to a more bullish outlook. Cofinimmo SA has also seen a change from mildly bullish to bullish, while Brederode SA has shifted from mildly bearish to mildly bullish. Solvac SA, the best performer of the day, has maintained its bullish stance and is now strongly bullish.
Overall, the smallcap segment is driving the market today with its strong performance and positive sentiment. Investors are showing confidence in these stocks, as seen by the advance decline ratio and technical calls. It will be interesting to see how these stocks continue to perform in the coming days and if they can maintain their current momentum.