REAVES UTILITY INCOME FUND (UTG)

US7561581015

26.96  +0.07 (+0.26%)

Technical Rating and Analysis

5

Overall UTG gets a technical rating of 5 out of 10. In the last year, UTG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

70% of all other stocks performed better in the past year than UTG.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
UTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UTG is lagging the market.
In the last month UTG has a been trading in a tight range between 25.93 and 27.07.
Weekly and Daily overview Charts
UTG Weekly chart
UTG Daily chart
Setup Rating and Analysis

3

UTG has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

25.43

28.16

When analyzing the support we notice one important area.

  • A support zone ranging from 25.69 to 26.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 27.00 to 27.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 27.83 to 27.88. This zone is formed by a combination of multiple trend lines 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
CRS30.43
Mansfield-1.31
10 Day High27.07
10 Day Low26.12
20 Day High27.07
20 Day Low25.94
52 Week High29.5
52 Week Low23.24
Performance
1 Week1.74%
2 Weeks2.2%
1 Month3.06%
3 Month0.82%
6 Month9.37%
12 Month-5%
2 Year-22.01%
3 Year-19.52%
5 Year-19.95%
10 Year-2.88%
15 Year150.09%
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)0.04
RSI(14)64.63
LBB26.03
UBB27.05
UTG Daily chart

REAVES UTILITY INCOME FUND

NYSEARCA:UTG (3/28/2024, 8:04:00 PM)

26.96

+0.07 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week1.74%
2 Weeks2.2%
1 Month3.06%
3 Month0.82%
6 Month9.37%
12 Month-5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%1.03%
ATR Inc
Range Today0.17
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 High27.07
10 Day Low26.12
20 Day High27.07
20 Day Low25.94
52 Week High29.5
52 Week Low23.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume489.30K
Volume Incr13.32%
Vol(5)311.20K
Vol(50)328.30K