PowerShares Dynamic Large Cap Growth Portfolio Breaks Above 200-Day Moving Average - Bullish for PWB

In trading on Monday, shares of the PowerShares Dynamic Large Cap Growth Portfolio ETF ( PWB) crossed above their 200 day moving average of $30.98, changing hands as high as $31.03 per share. PowerShares Dynamic Large Cap Growth Portfolio shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of PWB shares, versus its 200 day moving average:

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PowerShares Dynamic Large Cap Growth Portfolio 200 Day Moving Average Chart

Looking at the chart above, PWB's low point in its 52 week range is $27.05 per share, with $32.49 as the 52 week high point — that compares with a last trade of $31.03.

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