Technical Analysis for UTG - Reaves Utility Income Fund
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 27.43 | 0.73% | 0.20 |
UTG closed up 0.73 percent on Friday, July 5, 2024, on 1.42 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Stochastic Buy Signal | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Three Weeks Tight | Range Contraction | 0.00% | |
| Strong but Oversold | Other | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 50 DMA Resistance | Bearish | 0.73% | |
| Bollinger Band Squeeze | Range Contraction | 0.73% |
| Alert | Time |
|---|---|
| Possible Pocket Pivot | about 20 hours ago |
| 60 Minute Opening Range Breakout | about 23 hours ago |
| Rose Above 10 DMA | 1 day ago |
| 2x Volume Pace | 1 day ago |
| 1.5x Volume Pace | 1 day ago |
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Basic chart:
Reaves Utility Income Fund is a closed ended equity mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the utilities sector. The fund employs a combination of quantitative and fundamental analysis stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
Keywords: Exchange Traded Fund ETF Stock Fund Fundamental Analysis Utilities Sector
Classification
Keywords: Exchange Traded Fund ETF Stock Fund Fundamental Analysis Utilities Sector
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 28.308 |
| 52 Week Low | 21.6357 |
| Average Volume | 293,577 |
| 200-Day Moving Average | 25.44 |
| 50-Day Moving Average | 27.36 |
| 20-Day Moving Average | 27.54 |
| 10-Day Moving Average | 27.43 |
| Average True Range | 0.28 |
| RSI (14) | 49.49 |
| ADX | 14.92 |
| +DI | 25.59 |
| -DI | 20.98 |
| Chandelier Exit (Long, 3 ATRs) | 27.34 |
| Chandelier Exit (Short, 3 ATRs) | 27.98 |
| Upper Bollinger Bands | 27.99 |
| Lower Bollinger Band | 27.08 |
| Percent B (%b) | 0.38 |
| BandWidth | 3.31 |
| MACD Line | -0.04 |
| MACD Signal Line | 0.02 |
| MACD Histogram | -0.0609 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 27.68 | ||||
| Resistance 3 (R3) | 27.66 | 27.57 | 27.63 | ||
| Resistance 2 (R2) | 27.57 | 27.50 | 27.57 | 27.62 | |
| Resistance 1 (R1) | 27.50 | 27.46 | 27.51 | 27.51 | 27.61 |
| Pivot Point | 27.40 | 27.40 | 27.41 | 27.41 | 27.40 |
| Support 1 (S1) | 27.33 | 27.34 | 27.35 | 27.35 | 27.25 |
| Support 2 (S2) | 27.24 | 27.30 | 27.25 | 27.24 | |
| Support 3 (S3) | 27.17 | 27.24 | 27.23 | ||
| Support 4 (S4) | 27.18 |
