State Street Communication Services Select Sector SPDR ETF (XLC)

State Street Communication Services Select Sector SPDR ETF is trading at $104.79, up 0.43% on the session. The 50 day average sits at $110.71 and the 200 day at $112.91, which puts the stock in a downtrend. RSI is at 22.7, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $99.33 with resistance near $113.17, so that band frames the current range. Average daily movement is roughly $1.78, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 35 out of 100 combines a trend score of 3, momentum of 33 and a risk score of 90.

Normally, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Communication Services companies by the GICS®, including securities of companies from the following industries: diversified telecommunication services; wireless telecommunication services; media; entertainment; and interactive media & services. The fund is non-diversified.