State Street Energy Select Sector SPDR ETF (XLE)

State Street Energy Select Sector SPDR ETF is trading at $64.77, up 1.27% on the session. The 50 day average sits at $58.15 and the 200 day at $54.35, which puts the stock in a uptrend. RSI is at 62.1, which reads as strong, and MACD is bearish crossover. Volume is below average.

The nearest support is around $57.25 with resistance near $64.70, so that band frames the current range. Average daily movement is roughly $1.16, or about 1.8% of the share price, which is what any stop placement has to allow for. The overall health score of 78 out of 100 combines a trend score of 97, momentum of 57 and a risk score of 77.

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 companies that have been identified as Energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.