SPDR S&P Technology Hardware ETF (XTH) Declines 1.15% for Dec 1

The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

Sharp investors may be looking to examine the Williams Percent Range or Williams %R. Normal oscillations tend to stay in the range of -100 to +100. In general, if the reading goes above -20, the stock may be considered to be overbought.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. The Williams %R was developed by Larry Williams. A level of 25-50 would indicate a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.

The Average Directional Index or ADX is a popular technical indicator created to help measure trend strength. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Different time periods may be used when using the RSI indicator. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. After a recent check, the 14-day RSIfor Uranium Energy (UEC) is now at 60.36, the 7-day stands at 63.40, and the 3-day is sitting at 76.05. The Financial Select Sector SPDR ETF rose 1.7% and hit its highest level since October 2007. The NYSE listed company saw a recent bid of 59.855 and 4525246 shares have traded hands in the session.

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Investors may be searching for stocks that are undervalued. Keeping the focus on stock analysis and the overall economic picture may help investors see through the trees.

Currently, the 14-day ADX for S&P Insurance ETF SPDR (KIE) is sitting at 22.36. S&P Capital Markets ETF SPDR (KCE)'s Williams Percent Range or 14 day Williams %R is sitting at -11.90. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). The 14-day RSI is presently standing at 88.24, the 7-day is 95.29, and the 3-day is resting at 99.45.

Taking a deeper look into the technical levels of S&P 500 Materials Sector SPDR (XLB), we can see that the Williams Percent Range or 14 day Williams %R now sits at -10.65.

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