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Market Impact: 0.18

Consumer Staples' Rare One-Day Reversal

Market Technicals & FlowsConsumer Demand & Retail
Consumer Staples' Rare One-Day Reversal

Consumer Staples fell 1.46% on Monday, marking its worst day of the month, and slipped from an overbought close to below its 50-DMA for the next session—an inflection last seen on June 11, 2020.

Analysis

Consumer Staples fell 1.46% on Monday, marking its worst day of the month, and slipped from an overbought close to below its 50-DMA for the next session—an inflection last seen on June 11, 2020.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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