Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	B	Very Strong	Up	Up	Up	8.13%
Sep 25	A	Very Strong	Up	Up	Up	8.33%
Sep 24	B	Very Strong	Up	Up	Up	8.36%
Sep 23	A	Very Strong	Up	Up	Up	8.90%
Sep 20	A	Very Strong	Up	Up	Up	11.11%
Sep 19	B	Very Strong	Up	Up	Up	12.65%
Sep 18	B	Very Strong	Up	Up	Up	12.32%
Sep 17	A	Very Strong	Up	Up	Up	11.15%
Sep 16	A	Very Strong	Up	Up	Up	11.11%
Sep 13	A	Very Strong	Up	Up	Up	13.36%