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Technical Analysis
- 7/31/2009 1:12:21 PM
By Chip Brian, SmarTrend Analytics Team
PowerShares Water Resources Portfolio (AMEX:PHO) is trading 1% higher (up $0.15 to $15.72) today on volume of 75,095 shares. The stock has traded within a 52-week range of $10.10 and $22.70.
PowerShares Water Resources Portfolio is currently above its 50-day moving average of $14.59 and above its 200-day moving average of $13.37.
SmarTrend is bullish on shares of PHO and our subscribers received an Uptrend alert on March 26, 2009 at $12.55, which has returned 25.3% to date.
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