State Street Utilities Select Sector SPDR ETF (XLU)

State Street Utilities Select Sector SPDR ETF is trading at $43.13, down 0.39% on the session. The 50 day average sits at $41.75 and the 200 day at $44.30, which puts the stock in a downtrend. RSI is at 65.1, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $42.70 with resistance near $43.71, so that band frames the current range. Average daily movement is roughly $0.61, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 71 out of 100 combines a trend score of 43, momentum of 84 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.