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home / news releases / communication services info tech and healthcare jump

XLC - Communication Services Info Tech and Healthcare jump into overbought territory

The Communication Services Select Sector SPDR Fund

2024-02-12 10:35:00 ET

With the S&P 500 ( SP500 ) trading near it's all time high early on in 2024 it has pulled certain sectors of the economy into overbought territory according to the relative strength index technical indicator. Three sectors that read as overbought are the Communication Services sector along with the Info Tech and Healthcare segments....

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Communication Services, Info Tech and Healthcare jump into overbought territory
Stock Information
Company Name: The Communication Services Select Sector SPDR Fund
Stock Symbol: XLC
Market: NYSE
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