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How Are Utilities’ Moving Averages and Short Interest Trending?

How Are Utilities’ Moving Averages and Short Interest Trending?

The Utilities Select Sector SPDR ETF (XLU) continued its downward streak last week as well. It is currently trading in the oversold zone with its RSI (relative strength index) at 18. Its current RSI levels indicate that it might see a reversal in the near future.