DWAS Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of the PowerShares DWA SmallCap Momentum Portfolio ETF (DWAS) crossed above their 200 day moving average of $38.09, changing hands as high as $38.24 per share. PowerShares DWA SmallCap Momentum Portfolio shares are currently trading up about 1% on the day. The chart below shows the one year performance of DWAS shares, versus its 200 day moving average:

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PowerShares DWA SmallCap Momentum Portfolio 200 Day Moving Average Chart

Looking at the chart above, DWAS's low point in its 52 week range is $34.26 per share, with $41.75 as the 52 week high point — that compares with a last trade of $38.19.

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