PAF Crosses Below Key Moving Average Level

In trading on Tuesday, shares of the PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio ETF (PAF) crossed below their 200 day moving average of $53.98, changing hands as low as $53.06 per share. PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of PAF shares, versus its 200 day moving average:

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PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio 200 Day Moving Average Chart

Looking at the chart above, PAF's low point in its 52 week range is $48.93 per share, with $60.88 as the 52 week high point — that compares with a last trade of $53.11.

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