Invesco Water Resources Drops Below Key 200-Day Moving Average – Implications for PHO

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Invesco Water Resources ETF Drops Below 200-Day Moving Average

On Monday, shares of the Invesco Water Resources ETF (Symbol: PHO) fell below the 200-day moving average of $67.61, trading as low as $67.03. Currently, Invesco Water Resources shares are down approximately 0.8% for the day. The chart below illustrates the one-year performance of PHO compared to its 200-day moving average:

Invesco Water Resources 200 Day Moving Average Chart

Analyzing the chart, PHO recorded a 52-week low of $57.11 per share and a high of $72.59, with the last trade at $67.40.

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

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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