PBJ Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the Invesco Food & Beverage ETF (Symbol: PBJ) crossed below their 200 day moving average of $47.16, changing hands as low as $46.73 per share. Invesco Food & Beverage shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of PBJ shares, versus its 200 day moving average:

Looking at the chart above, PBJ’s low point in its 52 week range is $42.685 per share, with $51.07 as the 52 week high point — that compares with a last trade of $46.77.

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

Further PBJ Research:

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