Technology Sector ETF XLK Falls Below Key Moving Average
In trading on Thursday, shares of the Technology Select Sector SPDR Fund ETF (Symbol: XLK) dipped below their 200-day moving average of $226.14, reaching a low of $224.24 per share. At this time, the ETF is down approximately 2.9% for the day. The graph below illustrates XLK’s one-year performance compared to its 200-day moving average:
Examining the chart, XLK’s 52-week low stands at $190.745 per share, while the 52-week high is $243.14. The most recent trade occurred at $223.75.
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