Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 1	B	Weak or Absent	Down	Up	Flat	32.62%
Apr 28	C	Weak or Absent	Down	Up	Flat	32.76%
Apr 27	C	Weak or Absent	Down	Up	Flat	33.73%
Apr 26	B	Weak or Absent	Down	Up	Down	35.29%
Apr 25	B	Strong	Down	Up	Down	33.69%
Apr 24	C	Strong	Down	Up	Down	33.13%
Apr 21	C	Strong	Down	Up	Down	33.45%
Apr 20	C	Strong	Down	Up	Down	33.17%
Apr 19	B	Strong	Flat	Up	Flat	32.25%
Apr 18	C	Strong	Down	Up	Flat	32.35%