Invesco Bloomberg Pricing Power Breaks Above 200-Day Moving Average – Bullish for POWA

In trading on Thursday, shares of the Invesco Bloomberg Pricing Power ETF (Symbol: POWA) crossed above their 200 day moving average of $89.74, changing hands as high as $89.75 per share. Invesco Bloomberg Pricing Power shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of POWA shares, versus its 200 day moving average:

Looking at the chart above, POWA’s low point in its 52 week range is $84.5299 per share, with $93.9301 as the 52 week high point — that compares with a last trade of $89.66.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further POWA Research:

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