PGJ Crosses Below Key Moving Average Level

In trading on Monday, shares of the PowerShares Golden Dragon China Portfolio ETF ( PGJ) crossed below their 200 day moving average of $30.43, changing hands as low as $30.17 per share. PowerShares Golden Dragon China Portfolio shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of PGJ shares, versus its 200 day moving average:

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PowerShares Golden Dragon China Portfolio 200 Day Moving Average Chart

Looking at the chart above, PGJ's low point in its 52 week range is $26.45 per share, with $34.62 as the 52 week high point — that compares with a last trade of $30.49.

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