Health Care SPDR Consolidating Gains as J&J, Merck Show Negative Trends

NEW YORK (TheStreet) -- The Health Care Select Sector SPDR Fund (XLV) consists of 54 companies including four components of the Dow Jones Industrial Average. This exchange-traded fund has a year-to-date gain of 25% despite peaking with an all-time intraday high at $71.42 on Dec.8. The health care sector has thus outperformed the Dow 30 and S&P 500 and their gains of 8.9% and 13%, respectively.

The Dow 30 and S&P 500 set all-time intraday highs on Friday at 18103 and 2092.7, respectively. Before showing the daily and weekly charts for the health care ETF here's a brief look at four Dow components in this exchange-traded fund.

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Johnson & Johnson (JNJ) ($105.33) set its all-time intraday high at $109.49 on Nov. 13, then held its 200-day simple moving average at $102.90 on Dec. 16. The stock has a year-to-date gain of 15% so it still outperformed both the Dow 30 and S&P 500. J&J had a strong momentum run-up of 15% from a low of $95.10 on Oct. 15 to the all-time high set on Nov. 13. The weekly chart is negative with its key weekly moving average at $105.97.

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Health Care SPDR Consolidating Gains as J&J, Merck Show Negative Trends

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