Materials Select Sector SPDR Fund Breaks Above 200-Day Moving Average - Bullish for XLB
ETF Channel Staff - Tuesday, November 20, 3:56 PMIn trading on Tuesday, shares of the Materials Select Sector SPDR Fund ETF (XLB) crossed above their 200 day moving average of $35.97, changing hands as high as $36.08 per share. Materials Select Sector SPDR Fund shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of XLB shares, versus its 200 day moving average:
Looking at the chart above, XLB's low point in its 52 week range is $31.41 per share, with $38.57 as the 52 week high point — that compares with a last trade of $35.84.
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