Midcap Stocks Show Mixed Trend, But These 4 Stocks Stand Out with Bullish Performance
The market is seeing a mixed trend today as the advance decline ratio for midcap stocks stands at 64 advancing and 544 declining, with a ratio of 0.12x. However, there are a few stocks that are driving the market with their bullish performance.
Atmos Energy Corp. is showing a bullish to mildly bullish trend, indicating a positive outlook for the company. Similarly, Casey's General Stores, Inc. is also expected to perform well with a mildly bullish to bullish trend. MasTec, Inc. is currently moving sideways but is expected to turn mildly bullish in the near future. Old Republic International Corp. is also showing a bullish to mildly bullish trend, making it a promising stock to watch out for.
In terms of performance, the midcap segment has been dominated by Grab Holdings Ltd. (Singapore) with a return of 7.18%. On the other hand, VF Corp. has been the worst performer with a return of -13.50%. This shows that while some stocks are thriving, others are struggling in this segment.
Investors should keep an eye on the following stocks in this midcap index as their technical call has recently changed: Atmos Energy Corp., Casey's General Stores, Inc., MasTec, Inc., and Old Republic International Corp. With their positive trends, these stocks have the potential to drive the market further and provide good returns for investors.