XLC - All S&P Utility stocks are above 50-day MA less than 10% of Info Tech names are
2024-04-24 12:13:54 ET
From a sector-by-sector vantage point, the Info Tech ( NYSEARCA: XLK ) segment of the S&P 500 has the fewest percentage of stocks that are trading above their 50-day moving averages. At the same time, all Utility ( NYSEARCA: XLU ) stocks inside the benchmark index are currently hovering above that key technical marker, according to Bespoke Investment Group....
All S&P Utility stocks are above 50-day MA, less than 10% of Info Tech names are