XSD (SPDR S&P Semiconductor ETF) crossed below its 200-day moving average of $314.43, trading as low as $303.74 and down roughly 4.8% on the day. The break below the 200-day MA is a bearish technical signal for the semiconductor sector and may signal short-term negative positioning pressure in related names.
XSD (SPDR S&P Semiconductor ETF) crossed below its 200-day moving average of $314.43, trading as low as $303.74 and down roughly 4.8% on the day. The break below the 200-day MA is a bearish technical signal for the semiconductor sector and may signal short-term negative positioning pressure in related names.
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mildly negative
Sentiment Score
-0.25