SPLV Gains as Low-Volatility Rotation Targets $78 Resistance
Updated
Updated · CNBC · Jul 6
SPLV Gains as Low-Volatility Rotation Targets $78 Resistance
3 articles · Updated · CNBC · Jul 6
Summary
$78 is the next resistance level for SPLV after the low-volatility ETF regained momentum and emerged as a near-term market leader.
A positive weekly MACD shift and a rebound from cloud-based support point to improving intermediate-term strength as investors rotate from tech leaders into laggards and defensive groups.
The ETF’s relative ratio versus the S&P 500 has climbed back above its 50-day moving average, signaling short-term outperformance even though the 200-day trend remains a longer-term hurdle.
Utilities—about 23% of SPLV—along with REITs at nearly 18% and insurance at roughly 12% are stabilizing, reinforcing the view that broader market leadership is expanding beyond recent technology winners.