Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Weak or Absent	Up	Up	Up	-0.10%
Nov 19	A	Weak or Absent	Up	Up	Up	0.25%
Nov 18	A	Weak or Absent	Up	Up	Up	1.39%
Nov 15	A	Weak or Absent	Up	Up	Up	1.36%
Nov 14	A	Weak or Absent	Up	Up	Up	1.88%
Nov 13	A	Weak or Absent	Up	Up	Up	1.15%
Nov 12	A	Weak or Absent	Up	Up	Up	1.64%
Nov 11	A	Weak or Absent	Up	Up	Up	1.79%
Nov 8	A	Weak or Absent	Up	Up	Up	2.68%
Nov 7	B	Weak or Absent	Up	Up	Up	4.12%