By InvestMacro.com | #stocks #XLU #utilities
Utilities Select Sector SPDR Fund End of Day Update: October 06 2022
The Utilities Select Sector SPDR Fund (XLU) ETF finished the day with a fall of -2.85 percent and closed the day not too far off the lows of the day near the 65.41 price level, according to unofficial data at the New York close.
The XLU, an ETF that tracks the SP500 Utilities Select Sector Index, opened the day trading at 67.04 with the high of the day being 67.15 and the low of the day at 65.32.
XLU has recently fallen below the 200-day moving average and has seen a deep descend after hitting a recent high over $78.00 in the middle of September.
The XLU RSI level is Bearish
The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI score is at 31.0 for a Bearish reading on the daily time-frame.
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XLU Price Trends
The XLU has fallen by -9.90 percent over the past 10 days while seeing a decrease by -14.41 over the past 30 days. The 90-day change is -12.52 while the 180-day return and the 365-day return are -3.64 and 3.40, respectively.
By investmacro.com
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