XLI Rallies to $157.21 on Bullish EMA Alignment
BullishXLI (XLI) traded flat at $157.21 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($156.35) with a bullish stack. The 21-day EMA at $155.32 provides support.
Momentum
RSI at 61.6 is in neutral territory but trending higher. MACD is bullish (1.06 vs signal 0.87).