Top Large Cap Stocks Show Positive Trend with Strong Performers and High Advance Decline Ratio
Cisco Systems, Inc., PACCAR, Inc., Roper Technologies, Inc., and Stryker Corp. These stocks have been performing well in the market, with Broadcom Inc. leading as the best performer with a return of 8.64%. However, Costco Wholesale Corp. has been the worst performer with a return of -6.07%.
The advance decline ratio for this large cap segment is currently at 1.87x, with 264 stocks advancing and 141 stocks declining. This indicates a positive trend in the market, with more stocks showing an upward movement.
Among the top performers, Cisco Systems, Inc. has a technical call of mildly bullish to bullish, indicating a positive outlook for the stock. PACCAR, Inc. is expected to have a sideways to mildly bullish trend, while Roper Technologies, Inc. is predicted to have a mildly bullish to bullish trend. Stryker Corp. is also expected to have a bullish to mildly bullish trend, making it a promising stock to watch out for.
Overall, the large cap segment is showing a positive trend, with strong performers and a high advance decline ratio. Investors should keep an eye on these top stocks and their technical calls for potential investment opportunities.