PID Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of the PowerShares International Dividend Achievers Portfolio ETF (PID) crossed below their 200 day moving average of $14.15, changing hands as low as $14.11 per share. PowerShares International Dividend Achievers Portfolio shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of PID shares, versus its 200 day moving average:

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PowerShares International Dividend Achievers Portfolio 200 Day Moving Average Chart

Looking at the chart above, PID's low point in its 52 week range is $11.08 per share, with $15.08 as the 52 week high point — that compares with a last trade of $14.18.

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