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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Reaves Utility Income Fund Common Shares of Beneficial Interest (AMEX:UTG)

Sidelines Mode (+55) - UTG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid UTG?

MarketClub looks at technical strength and momentum to determine if the timing is right for UTG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_UTG
Open High Low UTG Price Change
26.20 26.29 26.12 26.20 0.00
Entry Signal

MarketClub’s Trade Triangles for UTG

long term up The long-term trend has been UP since Dec 13th, 2023 at 27.20

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 26.26

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 26.62

Smart Scan Analysis for UTG

Based on our trend formula, UTG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for UTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.20 26.29 26.12 26.20 0.00
Prev. Close Volume Bid Ask Time
26.18 296157 2024-03-18 15:59:54
Year High31.77Year High Date2018-08-22
Year Low27.13Year Low Date2018-02-09
52wk High29.552wk High Date2023-04-12
52wk Low23.2452wk Low Date2023-10-03
Year End Close23.82Average Volume289,295
Shares Outstanding20,000Market Cap1,786M
Assets271,898,178MLiabilities460,268,078M
P/E Ratio45.614Beta0.64
Volatility14.68
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