PowerShares DWA Energy Momentum Portfolio (PXI) Shares Cross Below 200 DMA

In trading on Monday, shares of the PowerShares DWA Energy Momentum Portfolio ETF ( PXI) crossed below their 200 day moving average of $58.79, changing hands as low as $58.27 per share. PowerShares DWA Energy Momentum Portfolio shares are currently trading down about 3% on the day. The chart below shows the one year performance of PXI shares, versus its 200 day moving average:

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PowerShares DWA Energy Momentum Portfolio 200 Day Moving Average Chart

Looking at the chart above, PXI's low point in its 52 week range is $49.15 per share, with $66.33 as the 52 week high point — that compares with a last trade of $58.59.

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