Bullish Two Hundred Day Moving Average Cross - PSK

In trading on Monday, shares of the SPDR Wells Fargo Preferred Stock ETF (PSK) crossed above their 200 day moving average of $45.71, changing hands as high as $45.74 per share. SPDR Wells Fargo Preferred Stock shares are currently trading trading flat on the day. The chart below shows the one year performance of PSK shares, versus its 200 day moving average:

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SPDR Wells Fargo Preferred Stock 200 Day Moving Average Chart

Looking at the chart above, PSK's low point in its 52 week range is $43.58 per share, with $46.59 as the 52 week high point — that compares with a last trade of $45.69.

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