• Return to Headlines

Uptrend Call Working As Reaves Utility Income Fund Stock Rises 21.5% (UTG)

By David Diaz

SmarTrend identified an Uptrend for Reaves Utility Income Fund (AMEX:UTG) on January 7th, 2019 at $29.81. In approximately 7 months, Reaves Utility Income Fund has returned 21.49% as of today's recent price of $36.21.

Reaves Utility Income Fund share prices have moved between a 52-week high of $36.90 and a 52-week low of $26.96 and are now trading 34% above that low price at $36.21 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Reaves Utility Income Fund shares.

Log in and add Reaves Utility Income Fund (UTG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:utg reaves utility income fund

Ticker(s): UTG