SPDR S&P Homebuilders ETF (XHB) traded down about 3% and crossed below its 200-day moving average at $107.14, with shares falling as low as $105.47. The breakdown of a key technical level suggests near-term bearish momentum for the homebuilders/real-estate complex.
SPDR S&P Homebuilders ETF (XHB) traded down about 3% and crossed below its 200-day moving average at $107.14, with shares falling as low as $105.47. The breakdown of a key technical level suggests near-term bearish momentum for the homebuilders/real-estate complex.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
