PowerShares International Corporate Bond Portfolio (PICB) Shares Cross Below 200 DMA

In trading on Wednesday, shares of the PowerShares International Corporate Bond Portfolio ETF ( PICB) crossed below their 200 day moving average of $29.95, changing hands as low as $29.91 per share. PowerShares International Corporate Bond Portfolio shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of PICB shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

PowerShares International Corporate Bond Portfolio 200 Day Moving Average Chart

Looking at the chart above, PICB's low point in its 52 week range is $27.72 per share, with $30.91 as the 52 week high point — that compares with a last trade of $29.91.

If you liked this article you might like

Investing Abroad Paid Off This Year

Four Newly Rated ETFs to Buy