SPDR S&P Oil & Gas Equipment & Services ETF XES
Jump To Section
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
SPDR S&P Oil & Gas Equipment & Services ETF (XES) Investment Strategy and Portfolio Holdings Overview
In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services segment of the S&P Total Market Index ("S&P TMI").
Key Insights
SPDR S&P Oil & Gas Equipment & Services ETF (XES) Essential ETF Metrics and Performance Data
Latest Closing Price
$63.72Market Cap
$1.19 BillionAverage Daily Volume
60,030 Shares52-Week Range
$51.19-$99.22Total Outstanding Shares
2.31 Million SharesCurrent Dividend
$0.39 Per Share QuarterlyInception Date
June 22, 2006