XLB Crosses Below Key Moving Average Level

In trading on Monday, shares of the The Materials Select Sector SPDR Fund ETF (Symbol: XLB) crossed below their 200 day moving average of $80.84, changing hands as low as $80.75 per share. The Materials Select Sector SPDR Fund shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of XLB shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, XLB's low point in its 52 week range is $74.33 per share, with $86.30 as the 52 week high point — that compares with a last trade of $80.99.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

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