PowerShares Global Water Portfolio Breaks Below 200-Day Moving Average - Notable for PIO

In trading on Monday, shares of the PowerShares Global Water Portfolio ETF ( PIO) crossed below their 200 day moving average of $23.63, changing hands as low as $23.56 per share. PowerShares Global Water Portfolio shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of PIO shares, versus its 200 day moving average:

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PowerShares Global Water Portfolio 200 Day Moving Average Chart

Looking at the chart above, PIO's low point in its 52 week range is $20.77 per share, with $25.20 as the 52 week high point — that compares with a last trade of $23.66.

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