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Market Impact: 0.2

XAR Crosses Below Key Moving Average Level

Market Technicals & FlowsEnergy Markets & Prices

SPDR S&P Aerospace & Defense ETF (XAR) traded down to $257.95, slipping below its 200-day moving average at $260.66. The move is associated with the fund being down about 3% in trading, suggesting near-term technical weakness rather than a fundamental catalyst.

Analysis

SPDR S&P Aerospace & Defense ETF (XAR) traded down to $257.95, slipping below its 200-day moving average at $260.66. The move is associated with the fund being down about 3% in trading, suggesting near-term technical weakness rather than a fundamental catalyst.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20