PKB Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of the PowerShares Dynamic Building & Construction Portfolio ETF (PKB) crossed above their 200 day moving average of $21.94, changing hands as high as $22.15 per share. PowerShares Dynamic Building & Construction Portfolio shares are currently trading up about 1% on the day. The chart below shows the one year performance of PKB shares, versus its 200 day moving average:

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PowerShares Dynamic Building & Construction Portfolio 200 Day Moving Average Chart

Looking at the chart above, PKB's low point in its 52 week range is $19.00 per share, with $23.68 as the 52 week high point — that compares with a last trade of $22.12.

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