PBS Crosses Above Key Moving Average Level

In trading on Tuesday, shares of the PowerShares Dynamic Media Portfolio ETF (PBS) crossed above their 200 day moving average of $24.39, changing hands as high as $24.44 per share. PowerShares Dynamic Media Portfolio shares are currently trading up about 1% on the day. The chart below shows the one year performance of PBS shares, versus its 200 day moving average:

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PowerShares Dynamic Media Portfolio 200 Day Moving Average Chart

Looking at the chart above, PBS's low point in its 52 week range is $19.76 per share, with $26.89 as the 52 week high point — that compares with a last trade of $24.45.

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