Technical Analysis for UTES - Reaves Utilities ETF

Grade Last Price % Change Price Change
C 52.54 1.00% 0.52
UTES closed up 1.0 percent on Wednesday, July 3, 2024, on 22 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Gapped Up Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.00%
Pocket Pivot Bullish Swing Setup 1.00%
Bollinger Band Squeeze Range Contraction 1.00%
Stochastic Reached Oversold Weakness 1.00%
BB Squeeze Started Range Contraction 1.00%
Inside Day Range Contraction 1.00%

   Recent Intraday Alerts

Alert Time
Gap Up Partially Closed about 8 hours ago
60 Minute Opening Range Breakout about 8 hours ago
Rose Above Previous Day's High about 8 hours ago
Rose Above 50 DMA about 8 hours ago
Rose Above 10 DMA about 8 hours ago

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Profile

Reaves Utilities ETF Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds SPDR Dividend Dividend Yield Utilities Sector Capital Structure

Top 10 Components

Symbol Grade Price % Change Allocation
NEE D 1.93 17.97
CEG C 1.90 11.36
VST C 4.58 10.69
PEG A 0.56 4.93
CNP B -0.43 4.87
SRE B 0.00 4.41
ATO C -1.17 4.34
ETR D -0.32 4.17
DTE D -0.15 4.16
PNW D -0.67 4.14

Is UTES a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 55.8231
52 Week Low 38.134
Average Volume 36,298
200-Day Moving Average 45.99
50-Day Moving Average 52.53
20-Day Moving Average 52.69
10-Day Moving Average 52.48
Average True Range 0.78
RSI (14) 49.49
ADX 19.1
+DI 21.83
-DI 22.67
Chandelier Exit (Long, 3 ATRs) 53.03
Chandelier Exit (Short, 3 ATRs) 53.78
Upper Bollinger Bands 53.72
Lower Bollinger Band 51.66
Percent B (%b) 0.43
BandWidth 3.91
MACD Line -0.15
MACD Signal Line -0.01
MACD Histogram -0.1425
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 53.55
Resistance 3 (R3) 53.50 53.13 53.38
Resistance 2 (R2) 53.13 52.87 53.15 53.32
Resistance 1 (R1) 52.83 52.71 52.98 52.88 53.27
Pivot Point 52.46 52.46 52.53 52.48 52.46
Support 1 (S1) 52.16 52.20 52.31 52.21 51.81
Support 2 (S2) 51.79 52.04 51.81 51.76
Support 3 (S3) 51.49 51.79 51.70
Support 4 (S4) 51.54