Bullish Two Hundred Day Moving Average Cross - PHO

In trading on Tuesday, shares of the PowerShares Water Resources Portfolio ETF ( PHO) crossed above their 200 day moving average of $25.90, changing hands as high as $25.99 per share. PowerShares Water Resources Portfolio shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of PHO shares, versus its 200 day moving average:

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PowerShares Water Resources Portfolio 200 Day Moving Average Chart

Looking at the chart above, PHO's low point in its 52 week range is $22.18 per share, with $27.23 as the 52 week high point — that compares with a last trade of $25.93.

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