PowerShares India Portfolio (PIN) Shares Cross Below 200 DMA

In trading on Friday, shares of the PowerShares India Portfolio ETF ( PIN) crossed below their 200 day moving average of $19.57, changing hands as low as $19.19 per share. PowerShares India Portfolio shares are currently trading off about 3% on the day. The chart below shows the one year performance of PIN shares, versus its 200 day moving average:

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PowerShares India Portfolio 200 Day Moving Average Chart

Looking at the chart above, PIN's low point in its 52 week range is $16.79 per share, with $52.79 as the 52 week high point — that compares with a last trade of $19.18.

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