State Street Utilities Select Sector SPDR ETF (XLU)

State Street Utilities Select Sector SPDR ETF is trading at $39.77, down 1.88% on the session. The 50 day average sits at $43.82 and the 200 day at $44.55, which puts the stock in a downtrend. RSI is at 31.3, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $41.08 with resistance near $43.71, so that band frames the current range. Average daily movement is roughly $0.63, or about 1.6% 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 27 and a risk score of 96.

In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.