PowerShares Dynamic Media Portfolio (PBS) Shares Cross Below 200 DMA

In trading on Wednesday, shares of the PowerShares Dynamic Media Portfolio ETF (PBS) crossed below their 200 day moving average of $24.96, changing hands as low as $24.88 per share. PowerShares Dynamic Media Portfolio shares are currently trading down about 0.8% 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 $21.69 per share, with $26.89 as the 52 week high point — that compares with a last trade of $25.01.

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