Against this backdrop, CNBC Pro screened the SPDR S & P Retail ETF (XRT) for stocks that were forming a death cross chart pattern.
We found five SPDR S & P Retail ETF (XRT) components, including Ulta Beauty , that are on the verge of a death cross pattern — and one that has already formed one.
Ulta Beauty Shares of cosmetic retailer Ulta have slipped more than 22% in 2024.
Other stocks nearing a death cross pattern include National Vision Holdings and Academy Sports & Outdoor .
Dollar Tree Dollar Tree , however, has already formed a death cross chart pattern.
Persons:
Mark Astrachan, Astrachan
Organizations:
Walmart, Lowe's, CNBC Pro, P Retail, National Vision Holdings, Academy Sports