PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN) Shares Cross Below 200 DMA

In trading on Monday, shares of the PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio ETF ( PDN) crossed below their 200 day moving average of $28.20, changing hands as low as $27.96 per share. PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of PDN shares, versus its 200 day moving average:

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PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio 200 Day Moving Average Chart

Looking at the chart above, PDN's low point in its 52 week range is $25.83 per share, with $29.61 as the 52 week high point — that compares with a last trade of $28.01.

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