REAVES UTILITY INCOME FUND (UTG) Stock Technical Analysis
NYSEARCA:UTG - NYSE Arca - US7561581015 - Currency: USD
Taking everything into account, UTG scores 7 out of 10 in our technical rating. In the last year, UTG was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, UTG did better than 81% of all other stocks. On top of that, UTG also shows a nice and consistent pattern of rising prices.
UTG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UTG is performing more or less in line with the market.
In the last month UTG has a been trading in the 31.75 - 34.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although UTG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.52
35.35
We found 4 important support areas.
- A support zone ranging from 32.78 to 33.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.14 from a trend line in the daily time frame.
- A support zone ranging from 30.80 to 31.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.82 to 29.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.42 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.88 to 35.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.74
Mansfield0.36
10 Day High34.4
10 Day Low33.24
20 Day High34.4
20 Day Low31.75
52 Week High35.29
52 Week Low25.26
Performance
1 Week-2.45%
2 Weeks-0.89%
1 Month-2.96%
3 Month-4.22%
6 Month11.11%
12 Month27.68%
2 Year18.9%
3 Year3.57%
5 Year2.64%
10 Year6.64%
15 Year73.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)47.69
LBB33.1
UBB34.62
33.4
-0.37 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week-2.45%
2 Weeks-0.89%
1 Month-2.96%
3 Month-4.22%
6 Month11.11%
12 Month27.68%
2 Year18.9%
3 Year3.57%
5 Year2.64%
10 Year6.64%
15 Year73.06%
Volatility
ATR(14)0.43
ATR(20)%1.74%
ATR Inc48.8%
Range Today0.71
ADR(20)0.53
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.74
Mansfield0.36
10 Day High34.4
10 Day Low33.24
20 Day High34.4
20 Day Low31.75
52 Week High35.29
52 Week Low25.26
CS1 End33.3
CR1 Start33.42
Volume & EV
DER(3)-11.09%
DER(5)-7.16%
Volume276.20K
Volume Incr0.59%
Vol(5)299.49K
Vol(50)301.71K