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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Reaves Utility Income Fund Common Shares of Beneficial Interest (AMEX:UTG)
Crossroads (+60) - UTG is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jun 14th, 2022 at 31.65
The intermediate-term trend has been UP since Nov 2nd, 2023 at 25.25
The short-term trend has been UP since Nov 21st, 2023 at 26.09
Smart Scan Analysis for UTG
Based on our trend formula, UTG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.7500 | 26.9200 | 26.6801 | 26.8500 | +0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.7700 | 243961 | 2023-12-04 15:59:54 |
| Year High | 31.77 | Year High Date | 2018-08-22 |
| Year Low | 27.13 | Year Low Date | 2018-02-09 |
| 52wk High | 30.71 | 52wk High Date | 2022-12-13 |
| 52wk Low | 23.24 | 52wk Low Date | 2023-10-03 |
| Year End Close | 23.82 | Average Volume | 261,717 |
| 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 |