Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 3	C	Strong	Down	Up	Up	42.18%
Nov 2	B	Strong	Down	Up	Up	44.14%
Nov 1	C	Strong	Down	Down	Up	47.85%
Oct 31	B	Strong	Down	Down	Up	49.48%
Oct 30	F	Strong	Down	Down	Flat	52.77%
Oct 27	D	Strong	Down	Down	Down	54.96%
Oct 26	F	Strong	Down	Down	Down	53.22%
Oct 25	F	Strong	Down	Down	Down	53.93%
Oct 24	F	Strong	Down	Down	Down	53.67%
Oct 23	F	Strong	Down	Down	Down	56.08%