For the first time since September 2020, Utilities Select Sector SPDR Fund arrives at $2.03

26.02.2022

By Axiory Intelligence

Utilities Select Sector SPDR Fund closed at $67.58 after making its biggest single-day jump of $2.03 (3.1%), since September 2020.

Trend indicators show us that at $67, Utilities Select Sector SPDR Fund made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. Utilities Select Sector SPDR Fund's graph levels to watch: the nearest resistance level is at $69.34.

Overall, looking at the technical analysis landscape, it seems Utilities Select Sector SPDR Fund might continue pointing upwards in the short term.

Utilities Select Sector SPDR Fund shows positive signs, other assets are also on par: Johnson & Johnson went up sharply, gaining $7.86 (4.97%). This is the largest single-day gain seen recently. Berkshire Hathaway made its largest single-day jump 3.56% ($10.96) since March 2021. Procter & Gamble went up by $6.48 (4.27%), making its largest single-day gain since March 2020.

Utilities Select Sector SPDR Fund has lost 4.78% this year.

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