Technical Analysis for UTG - Reaves Utility Income Fund

Grade Last Price % Change Price Change
A 33.89 0.36% 0.12
UTG closed up 0.36 percent on Wednesday, November 20, 2024, on 59 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.36%
New 52 Week High Strength 0.36%
Overbought Stochastic Strength 0.36%
Shooting Star Candlestick Bearish 1.50%
Doji - Bearish? Reversal 1.50%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above Previous Day's High about 22 hours ago
New 52 Week High about 22 hours ago
Rose Above Previous Day's High 1 day ago

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Profile

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.
Classification

Keywords: Exchange Traded Fund ETF Stock Fund Fundamental Analysis Utilities Sector

Is UTG 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 33.89
52 Week Low 23.634
Average Volume 295,092
200-Day Moving Average 27.90
50-Day Moving Average 32.21
20-Day Moving Average 32.77
10-Day Moving Average 33.32
Average True Range 0.41
RSI (14) 68.75
ADX 23.67
+DI 31.73
-DI 17.79
Chandelier Exit (Long, 3 ATRs) 32.65
Chandelier Exit (Short, 3 ATRs) 32.46
Upper Bollinger Bands 34.10
Lower Bollinger Band 31.43
Percent B (%b) 0.92
BandWidth 8.17
MACD Line 0.47
MACD Signal Line 0.38
MACD Histogram 0.0914
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.14
Resistance 3 (R3) 34.12 34.00 34.10
Resistance 2 (R2) 34.00 33.94 34.02 34.09
Resistance 1 (R1) 33.95 33.90 33.97 33.97 34.07
Pivot Point 33.83 33.83 33.85 33.85 33.83
Support 1 (S1) 33.78 33.77 33.81 33.81 33.71
Support 2 (S2) 33.66 33.73 33.68 33.69
Support 3 (S3) 33.61 33.66 33.68
Support 4 (S4) 33.64