Market Insights: XLU Stock Forecast

Carter Worth of Worth Charting joined CNBC’s Fast Money to share his technical analysis of stock trends in the utilities sector—an area that’s quietly gaining strength.

As the Utilities Select Sector SPDR Fund (XLU) trades near 52-week highs, Worth points to chart patterns that suggest the rally may still have room to run. Worth’s market insights centered on the XLU stock forecast, identifying key support and resistance levels that could shape the sector’s next move. According to Worth, the technical structure remains bullish, with utilities displaying a steady uptrend that’s attracting renewed investor interest in what’s traditionally seen as a defensive corner of the market.

This segment offered valuable takeaways for traders and long-term investors alike. With macro uncertainty lingering, the utilities sector could offer relative strength and stability—and Worth’s analysis provides a clear framework for monitoring its momentum. As always, his disciplined approach to technical analysis helps investors navigate market shifts with greater confidence.