Smallcap Segment Outperforms Market with Positive Technical Changes and Strong Returns
The smallcap segment has been the talk of the market today as it continues to outperform other segments. Spark VC SA has emerged as the best performer with a return of 17.84%, while Polenergia SA has been the worst performer with a return of -2.42%.
The advance decline ratio in this smallcap segment is also showing a positive trend, with 11 stocks advancing and only 10 stocks declining. This indicates a 1.1x ratio, which is a good sign for investors.
Investors should take note of the recent technical changes in some of the stocks in this smallcap segment. XTB SA, which was previously trading sideways, has now turned bullish. Similarly, BEST SA and Dom Development SA have also shown a shift from mildly bullish to bullish.
This change in technical calls could be a result of the overall positive sentiment in the market and the strong performance of the smallcap segment. Investors should keep a close eye on these stocks as they could potentially offer good returns in the near future.
Overall, the smallcap segment is driving the market today with its impressive performance and positive technical changes in some of its stocks. This is a segment that investors should definitely keep an eye on as it continues to show potential for growth.