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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

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

Long-Term Uptrend (+90) - UTG is in a strong uptrend that is likely to continue. While UTG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
27.8500 28.0800 27.6401 27.7500 -0.0400
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 up The intermediate-term trend has been UP since May 6th, 2024 at 26.8000

short term up The short-term trend has been UP since May 22nd, 2024 at 28.4250

Smart Scan Analysis for UTG

Based on our trend formula, UTG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for UTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.8500 28.0800 27.6401 27.7500 -0.0400
Prev. Close Volume Bid Ask Time
27.7900 334595 2024-05-28 15:59:53
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 Volume287,220
Shares Outstanding20,000Market Cap1,786M
Assets271,898,178MLiabilities460,268,078M
P/E Ratio45.614Beta0.64
Volatility14.68
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