PSCI Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of the PowerShares S&P SmallCap Industrials Portfolio ETF (PSCI) crossed above their 200 day moving average of $44.55, changing hands as high as $44.75 per share. PowerShares S&P SmallCap Industrials Portfolio shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of PSCI shares, versus its 200 day moving average:

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PowerShares S&P SmallCap Industrials Portfolio 200 Day Moving Average Chart

Looking at the chart above, PSCI's low point in its 52 week range is $38.31 per share, with $47.52 as the 52 week high point — that compares with a last trade of $44.76.

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