REAVES UTILITY INCOME FUND (UTG) Stock Technical Analysis
USA - NYSEARCA:UTG - US7561581015
38.19 USD
+0.29 (+0.77%)
Taking everything into account, UTG scores 7 out of 10 in our technical rating. In the last year, UTG was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, UTG did better than 73% of all other stocks. We also observe that the gains produced by UTG over the past year are nicely spread over this period.
UTG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month UTG has a been trading in a tight range between 36.85 and 38.96.
UTG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.72
39.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.89 to 37.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.42 from a horizontal line in the daily time frame.
- Support @31.03 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.72 to 39.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTG is neutral. |
| ChartMill Relative Strength | 73.92 | POSITIVE | UTG has a high relative strength, it outperformed 73.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UTG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for UTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.4 | NEUTRAL | The Stochastics value for UTG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for UTG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for UTG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:UTG (9/12/2025, 8:23:04 PM)
38.19
+0.29 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.77%
1 Week2.14%
2 Weeks-0.26%
1 Month-1.62%
3 Month9.08%
6 Month18.31%
12 Month22.84%
2 Year54.93%
3 Year40.2%
5 Year22.05%
10 Year35.96%
15 Year79.46%
Volatility
ATR(14)0.51
ATR(20)%1.27%
ATR Inc-2.96%
Range Today0.43
ADR(20)0.45
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.92
Mansfield0.13
10 Day High38.49
10 Day Low36.85
20 Day High38.96
20 Day Low36.85
52 Week High39.07
52 Week Low27.55
CS1 End37.78
CR1 Start38.72
Volume & EV
DER(3)-0.31%
DER(5)0.19%
Volume168.60K
Volume Incr16.69%
Vol(5)258.26K
Vol(50)239.43K