Small Cap Segment Shows Positive Trend with Top Performers Hertz and Inhibrx

The small cap segment of the market has been making headlines recently as it continues to outperform other segments. Hertz Global Holdings, Inc. has been leading the pack with a return of 13.59%, making it the best performer in this category. On the other hand, Inhibrx, Inc. has been struggling with a return of -52.36%, making it the worst performer in this segment.

Despite the mixed performance, the advance decline ratio of the stocks in this small cap segment is showing a positive trend. Out of the 756 stocks in this segment, 344 stocks are advancing while 412 stocks are declining, resulting in a ratio of 0.83x. This indicates that the majority of stocks in this segment are on an upward trend.

In terms of technical calls, there have been some recent changes in the small cap index. AAR Corp., Ameris Bancorp, The Andersons, Inc., AZZ, Inc., and Barnes Group, Inc. have all seen a shift from mildly bullish to bullish or mildly bullish to bullish. This suggests that these stocks may have strong potential for growth in the near future.

Investors looking to capitalize on the small cap segment should keep an eye on these stocks and consider adding them to their portfolio. With the overall positive trend in this segment and the recent technical changes, there may be opportunities for profitable investments. However, as with any investment, it is important to conduct thorough research and consult with a financial advisor before making any decisions.