Daily Stock Setups

Materials Select Sector SPDR Fund (XLB) Bullish Technical Alert - Trend Up 10.9%

Posted on: Thu, 13 Aug 2009 10:44:00 EDT

Symbols: XLB

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Aug 13, 2009 (SmarTrend(R) Spotlight via COMTEX) --
XLB | Quote | Chart | News | PowerRating -- Materials Select Sector SPDR Fund (AMEX:XLB) is trading 1.4% higher (up $0.41 to $30.42) today on volume of 2,333,274 shares. The stock has traded within a 52-week range of $17.83 and $40.15.

Materials Select Sector SPDR Fund is currently above its 50-day moving average of $27.14 and above its 200-day moving average of $24.12.

SmarTrend is bullish on shares of XLB and our subscribers received an Uptrend alert on July 21, 2009 at $27.43, which has returned 10.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Materials Select Sector SPDR Fund (XLB) XLB. Materials Select Sector SPDR Fund (XLB) has Short Term PowerRatings at TradingMarkets. Details on Materials Select Sector SPDR Fund (XLB) Short Term PowerRatings is available at This Link.

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