PDN Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio ETF (PDN) crossed below their 200 day moving average of $26.22, changing hands as low as $26.08 per share. FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of PDN shares, versus its 200 day moving average:

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FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio 200 Day Moving Average Chart

Looking at the chart above, PDN's low point in its 52 week range is $22.89 per share, with $28.45 as the 52 week high point — that compares with a last trade of $26.16.

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