SPDR Series Trust(XHB) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) SPDR Series Trust(XHB) closed at 21.5, up 0.07 or 0.33 % for the day. Based on our analysis, SPDR Series Trust(XHB) has rising momentum with an uptrend.

The closing price of SPDR Series Trust(XHB) is above its 50 day moving average of 18.65 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that SPDR Series Trust(XHB) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 18-Jan-2008, about 8 trading days ago.