Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
REAVES UTIL INCOME FUND (NASDAQ:XUTGX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XUTGX
The long term trend has been UP since Jul 2nd, 2018 at 31.39
The intermediate term trend has been DOWN since Sep 25th, 2018 at 32.49
The short term trend has been DOWN since Sep 19th, 2018 at 33.10
Smart Scan Analysis for XUTGX
Based on a pre-defined weighted trend formula for chart analysis, XUTGX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||34.14||52wk High Date||2017-12-04|
|52wk Low||29.88||52wk Low Date||2018-06-06|
|Year End Close||33.43||Payment Date||2018-09-28|