PHO Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the Water Resources Portfolio ETF ( PHO) crossed below their 200 day moving average of $21.31, changing hands as low as $21.18 per share. Water Resources Portfolio shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of PHO shares, versus its 200 day moving average:

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Water Resources Portfolio 200 Day Moving Average Chart

Looking at the chart above, PHO's low point in its 52 week range is $17.25 per share, with $23.58 as the 52 week high point — that compares with a last trade of $21.23.
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