Trend Table for UTES - Reaves Utilities ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Very Strong	Up	Up	Up	27.71%
May 17	B	Very Strong	Up	Up	Up	27.32%
May 16	B	Very Strong	Up	Up	Up	27.31%
May 15	B	Very Strong	Up	Up	Up	26.11%
May 14	B	Very Strong	Up	Up	Up	28.81%
May 13	B	Very Strong	Up	Up	Up	29.58%
May 10	B	Strong	Up	Up	Up	29.14%
May 9	A	Strong	Up	Up	Up	28.90%
May 8	A	Strong	Up	Up	Up	31.06%
May 7	A	Strong	Up	Up	Up	33.28%