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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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

Weak Downtrend (-65) - UTG is showing signs of a strengthening downtrend. Monitor UTG as it may be building momentum to the downside.

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
27.5400 27.5993 27.4600 27.4800 +0.0600
Entry Signal

MarketClub’s Trade Triangles for UTG

long term up The long-term trend has been UP since May 7th, 2024 at 27.0999

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 27.4300

short term down The short-term trend has been DOWN since Jun 17th, 2024 at 27.7900

Smart Scan Analysis for UTG

Based on our trend formula, UTG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for UTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.5400 27.5993 27.4600 27.4800 +0.0600
Prev. Close Volume Bid Ask Time
27.4200 220292 2024-06-21 15:58:59
Year High31.77Year High Date2018-08-22
Year Low27.13Year Low Date2018-02-09
52wk High28.5752wk High Date2024-05-15
52wk Low23.2452wk Low Date2023-10-03
Year End Close23.82Average Volume306,810
Shares Outstanding20,000Market Cap1,786M
Assets271,898,178MLiabilities460,268,078M
P/E Ratio45.614Beta0.64
Volatility14.68
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