Reaves Utility Income Fund (UTG) Technical Analysis

$31.25▲1.43%

Market is closed - opens 8 PM, 23 Dec 2024

Insights

Reaves Utility Income Fund is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Reaves Utility Income Fund stock suggests that it is a good time to buy
Based on analysis of the Moving Averages technical indicator, Reaves Utility Income Fund stock is in a downtrend↘️
Based on analysis of the Pivot Points, the current market trend for Reaves Utility Income Fund stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	32.31	Neutral
Stochastic	11.57, 4.61	Buy
Ultimate Oscillator	29.93	Buy
Stochastic Relative Strength Index	4.94, 1.65	Buy
Moving Average Convergence Divergence	-0.59, -0.19	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	32.22	Sell
20	33.47	Buy
50	33.1	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	32.13	Sell
20	32.78	Sell
50	32.81	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	32.37	Neutral
20	33.26	Sell
50	33.01	Sell

Double Exponential Moving Average

Period (Days)	Value	Action
10	31.17	Sell
20	32.15	Sell
50	33.49	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	30.74	Sell
20	31.36	Sell
50	33.02	Sell

Pivot

Pivot	Value
Resistance L3	31.32
Resistance L2	31.2
Resistance L1	31.01
Pivot Point	30.89
Support L1	30.7
Support L2	30.58
Support L3	30.39

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.