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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for UTG
The long-term trend has been UP since May 7th, 2024 at 27.0999
The intermediate-term trend has been UP since Jul 11th, 2024 at 27.9480
The short-term trend has been DOWN since Jul 22nd, 2024 at 28.1900
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.900 | 27.990 | 27.840 | 27.875 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.920 | 399254 | 2024-07-26 15:59:45 |
| Year High | 31.77 | Year High Date | 2018-08-22 |
| Year Low | 27.13 | Year Low Date | 2018-02-09 |
| 52wk High | 28.75 | 52wk High Date | 2024-07-18 |
| 52wk Low | 23.24 | 52wk Low Date | 2023-10-03 |
| Year End Close | 23.82 | Average Volume | 410,903 |
| Shares Outstanding | 20,000 | Market Cap | 1,786M |
| Assets | 271,898,178M | Liabilities | 460,268,078M |
| P/E Ratio | 45.614 | Beta | 0.64 |
| Volatility | 14.68 |