REAVES UTILITY INCOME FUND (UTG)

US7561581015

31.44  +0.35 (+1.13%)

Technical Rating and Analysis

8

Overall UTG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UTG is only an average performer.

The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by UTG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month UTG has a been trading in the 29.14 - 31.15 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, UTG turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
Weekly and Daily overview Charts
UTG Weekly chart
UTG Daily chart
Setup Rating and Analysis

2

Although UTG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

25.78

31.75

We found 4 important support areas.

  • A support zone ranging from 30.04 to 30.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 28.76 to 29.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.16 to 27.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.04 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.1
Mansfield0.24
10 Day High31.15
10 Day Low29.81
20 Day High31.15
20 Day Low29.14
52 Week High31.15
52 Week Low23.24
Performance
1 Week2.71%
2 Weeks3.5%
1 Month5.68%
3 Month10.25%
6 Month18.66%
12 Month15.83%
2 Year14.13%
3 Year-5.13%
5 Year-15.29%
10 Year7.1%
15 Year98.03%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)75.02
LBB29.59
UBB31.04
UTG Daily chart

REAVES UTILITY INCOME FUND

NYSEARCA:UTG (9/16/2024, 9:37:05 AM)

31.44

+0.35 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.13%
1 Week2.71%
2 Weeks3.5%
1 Month5.68%
3 Month10.25%
6 Month18.66%
12 Month15.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%0.98%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.15
10 Day Low29.81
20 Day High31.15
20 Day Low29.14
52 Week High31.15
52 Week Low23.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume45.90K
Volume Incr6.75%
Vol(5)387.12K
Vol(50)423.14K