PowerShares S&P SmallCap Consumer Discretionary Portfolio Breaks Above 200-Day Moving Average - Bullish for PSCD

In trading on Monday, shares of the PowerShares S&P SmallCap Consumer Discretionary Portfolio ETF ( PSCD) crossed above their 200 day moving average of $46.94, changing hands as high as $47.00 per share. PowerShares S&P SmallCap Consumer Discretionary Portfolio shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of PSCD shares, versus its 200 day moving average:

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PowerShares S&P SmallCap Consumer Discretionary Portfolio 200 Day Moving Average Chart

Looking at the chart above, PSCD's low point in its 52 week range is $41.41 per share, with $49.91 as the 52 week high point — that compares with a last trade of $46.85.

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