Index Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
PHLX Utility Sector (NASDAQ:UTY)
Crossroads (-60) - UTY 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 UTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for UTY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UTY
The long-term trend has been UP since Apr 5th, 2021 at 844.05
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 900.88
The short-term trend has been DOWN since Jan 24th, 2022 at 896.75
Smart Scan Analysis for UTY
Based on our trend formula, UTY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||720.2||52wk High Date||2017-12-01|
|52wk Low||605.53||52wk Low Date||2018-02-06|