REAVES UTILITY INCOME FUND (UTG)

US7561581015

31.25  +0.44 (+1.43%)

Technical Rating and Analysis

2

Taking everything into account, UTG scores 2 out of 10 in our technical rating. Although UTG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month UTG has a been trading in the 30.75 - 35.29 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that UTG is one of the better performing stocks in the market, outperforming 70% of all stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
UTG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UTG is lagging the market slightly.
Weekly and Daily overview Charts
UTG Weekly chart
UTG Daily chart
Setup Rating and Analysis

3

The technical rating of UTG is bad and it also does not present a 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.

Support and Resistance Analysis

28.66

35.35

We found 2 important support areas.

  • A support zone ranging from 30.81 to 31.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @28.95 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 32.22 to 33.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.08
Mansfield-0.14
10 Day High34.98
10 Day Low30.75
20 Day High35.29
20 Day Low30.75
52 Week High35.29
52 Week Low25.26
Performance
1 Week-5.39%
2 Weeks-10.07%
1 Month-9.13%
3 Month-0.89%
6 Month13.6%
12 Month18.73%
2 Year10.54%
3 Year-11.02%
5 Year-15.68%
10 Year-4.87%
15 Year68.37%
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)-0.4
RSI(14)32.32
LBB30.16
UBB35.71
UTG Daily chart

REAVES UTILITY INCOME FUND

NYSEARCA:UTG (12/20/2024, 8:04:00 PM)

31.25

+0.44 (+1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.43%
1 Week-5.39%
2 Weeks-10.07%
1 Month-9.13%
3 Month-0.89%
6 Month13.6%
12 Month18.73%
2 Year10.54%
3 Year-11.02%
5 Year-15.68%
10 Year-4.87%
15 Year68.37%
Volatility
ATR(14)0.62
ATR(20)%1.8%
ATR Inc-19.82%
Range Today0.68
ADR(20)0.56
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.08
Mansfield-0.14
10 Day High34.98
10 Day Low30.75
20 Day High35.29
20 Day Low30.75
52 Week High35.29
52 Week Low25.26
CS1 End31.24
CR1 Start32.22
Volume & EV
DER(3)-2.45%
DER(5)-2.06%
Volume235.00K
Volume Incr35.53%
Vol(5)346.44K
Vol(50)257.86K