PowerShares DWA Basic Materials Momentum Portfolio Breaks Below 200-Day Moving Average - Notable for PYZ

In trading on Monday, shares of the PowerShares DWA Basic Materials Momentum Portfolio ETF (PYZ) crossed below their 200 day moving average of $53.84, changing hands as low as $53.26 per share. PowerShares DWA Basic Materials Momentum Portfolio shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of PYZ shares, versus its 200 day moving average:

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PowerShares DWA Basic Materials Momentum Portfolio 200 Day Moving Average Chart

Looking at the chart above, PYZ's low point in its 52 week range is $47.58 per share, with $58.44 as the 52 week high point — that compares with a last trade of $54.16.

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