Powershares Dynamic Biotechnology & Genome Portfolio: The Trend Continues Up (PBE)

SmarTrend identified an Uptrend for Powershares Dynamic Biotechnology & Genome Portfolio PBE on January 06, 2010 at $16.95. In approximately 2 months, Powershares Dynamic Biotechnology & Genome Portfolio has returned 11.1% as of today's recent price of $18.83.

Powershares Dynamic Biotechnology & Genome Portfolio is currently above its 50-day moving average of $17.10 and above its 200-day moving average of $15.92. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Powershares Dynamic Biotechnology & Genome Portfolio shares.

Write to Chip Brian at cbrian@tradethetrend.com

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