Technical Analysis for UTES - Reaves Utilities ETF

Grade Last Price % Change Price Change
A 67.43 -0.55% -0.37
UTES closed down 0.55 percent on Wednesday, November 20, 2024, on 1.5 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish -0.55%
Expansion Breakout Bullish Swing Setup -0.55%
Pocket Pivot Bullish Swing Setup -0.55%
New 52 Week High Strength -0.55%
Above Upper BB Strength -0.55%
Overbought Stochastic Strength -0.55%

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Profile

Reaves Utilities ETF Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds SPDR Dividend Dividend Yield Utilities Sector Capital Structure

Top 10 Components

Symbol Grade Price % Change Allocation
NEE C -0.26 14.41
VST A -0.15 13.81
CEG C 0.36 10.62
SRE A -0.28 5.08
ETR A 0.55 4.74
PNW A 0.92 4.63
PEG A 0.44 4.51
PPL A 0.38 4.40
ATO A 0.30 4.39
XEL A 0.69 4.26

Is UTES a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 68.18
52 Week Low 41.6508
Average Volume 81,361
200-Day Moving Average 53.93
50-Day Moving Average 63.92
20-Day Moving Average 64.79
10-Day Moving Average 65.96
Average True Range 1.28
RSI (14) 62.69
ADX 21.22
+DI 35.70
-DI 19.79
Chandelier Exit (Long, 3 ATRs) 64.33
Chandelier Exit (Short, 3 ATRs) 64.43
Upper Bollinger Bands 67.95
Lower Bollinger Band 61.64
Percent B (%b) 0.92
BandWidth 9.73
MACD Line 0.93
MACD Signal Line 0.67
MACD Histogram 0.2572
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 69.13
Resistance 3 (R3) 69.19 68.68 68.84
Resistance 2 (R2) 68.68 68.25 68.65 68.75
Resistance 1 (R1) 68.06 67.98 67.81 68.00 68.65
Pivot Point 67.55 67.55 67.43 67.52 67.55
Support 1 (S1) 66.93 67.12 66.68 66.87 66.21
Support 2 (S2) 66.42 66.85 66.39 66.11
Support 3 (S3) 65.80 66.42 66.02
Support 4 (S4) 65.74