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XLU: Analyzing Utilities’ Chart Indicators

Vincent Kruger
XLU: Analyzing Utilities’ Chart Indicators

Given their recent uptrend, utilities (XLU) have outperformed the broader markets this year. The Utilities Select Sector SPDR ETF (XLU) is currently trading at $54.57, nearly 2% and 6% higher than its 50-day and 200-day moving average levels, respectively. XLU is currently trading at an RSI (relative strength index) of 68.