Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 16	B	Strong	Up	Down	Down	4.18%
Apr 15	B	Strong	Up	Down	Down	3.57%
Apr 12	B	Weak or Absent	Up	Flat	Down	1.86%
Apr 11	B	Weak or Absent	Up	Up	Down	1.20%
Apr 10	B	Strong	Up	Up	Down	0.40%
Apr 9	A	Strong	Up	Up	Flat	-0.99%
Apr 8	B	Strong	Up	Up	Flat	-0.58%
Apr 5	B	Strong	Up	Up	Flat	-0.28%
Apr 4	A	Strong	Up	Up	Flat	-0.62%
Apr 3	A	Strong	Up	Up	Up	-1.32%