PSCU Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the PowerShares S&P SmallCap Utilities Portfolio ETF (PSCU) crossed below their 200 day moving average of $37.62, changing hands as low as $37.42 per share. PowerShares S&P SmallCap Utilities Portfolio shares are currently trading down about 3% on the day. The chart below shows the one year performance of PSCU shares, versus its 200 day moving average:

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

Looking at the chart above, PSCU's low point in its 52 week range is $33.62 per share, with $41.05 as the 52 week high point — that compares with a last trade of $37.46.

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