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Is The Negative Momentum Divergence In Transportation A Warning Sign?

By: TalkMarkets
Our proprietary momentum indicator shows a divergence in momentum and price for the transportation sector (IYT​​​​​​​). While the price of IYT currently sits above the 50-day moving average, it has broken the 50-DMA on momentum.
Related Stocks:
Nasdaq Biotechnology Ishares ETF Nasdaq ETF Russell 2000 Ishares ETF S&P Regional Banking ETF SPDR S&P Retail SPDR Transportation Average Ishares ETF Vaneck Semiconductor ETF
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