State Street Consumer Discretionary Select Sector SPDR ETF (XLY)

State Street Consumer Discretionary Select Sector SPDR ETF is trading at $121.01, up 2.92% on the session. The 50 day average sits at $113.35 and the 200 day at $115.48, which puts the stock in a downtrend. RSI is at 56.5, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $112.83 with resistance near $122.92, so that band frames the current range. Average daily movement is roughly $2.33, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 63, momentum of 80 and a risk score of 83.

The Advisor employs a replication strategy. 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 Consumer Discretionary companies by the Global Industry Classification Standard (GICS®). It is non-diversified.