Ripe for A Big Move? Updates on Materials Select Sector SPDR ETF (:XLB), Energy Select Sector SPDR ETF (:XLE)

Materials Select Sector SPDR ETF (:XLB) shares are on our watchlist today as the stock has moved -0.22% from the recent close, pricing at $63.39 at the time of press.  This stock has garnered the attention of value investors and here we’ll take a look at the equity’s recent performance.

After a recent check, shares of Materials Select Sector SPDR ETF (:XLB) have been seen trading 0.11% off of the 50-day high and 10.71% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are 3.94% away from the 20-day moving average and 6.21% off of the 50-day average. If we take a wider approach, shares have been trading 13.40% away from the 200-day moving average.

Over the last year, Materials Select Sector SPDR ETF (:XLB)’s stock has performed 24.42%. For the last six months, the stock has performed 14.73%. From the start of the calendar year, shares have been 4.72%. Zooming in closer, company stock has been 9.16% for the quarter, 6.50% over the past month, and 0.84% over the past week.

As of late, the Street has taken a bit closer look at shares of Energy Select Sector SPDR ETF (:XLE). In the latest session the stock moved 0.94%, putting the stock value at $77.42.

Stock markets can move in a flash, requiring investors to stay on their toes at all times. Most sudden stock spikes or dips demand the attention of anyone who is keeping a watchful eye. What may go relatively undetected is the slow and steady rise or fall of a particular equity. Sometimes it can be tricky to decipher fact from fiction in the stock market. 

Why is a company that consistently produces strong results going down? Why are the underperforming company shares going higher? While there may be no clear cut answers to the questions, professional investors work tirelessly to understand equity market nuances.

After a recent check, shares of Energy Select Sector SPDR ETF (:XLE) have been seen trading 0.61% off of the 50-day high and 16.10% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are 6.76% away from the 20-day moving average and 10.28% off of the 50-day average. If we take a wider approach, shares have been trading 14.86% away from the 200-day moving average.

From time to time, investors may be looking to shift their market strategy. Maybe one plan worked for a period of time, but now economic conditions have shifted and a change needs to be made. Whatever the case, the number one goal is typically to maximize profits. Finding a winning investing strategy may not happen right away. Navigating the sometimes murky economic waters can be a struggle. Staying afloat may depend on many factors, but doing homework and studying all the available information can be extremely important.

Over the last year, Energy Select Sector SPDR ETF (:XLE)’s stock has performed 3.78%. For the last six months, the stock has performed 18.38%. From the start of the calendar year, shares have been 7.14%. Zooming in closer, company stock has been 13.55% for the quarter, 11.25% over the past month, and 3.27% over the past week.