REAVES UTILITY INCOME FUND - 1H - Technical analysis published on 11/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
REAVES UTILITY INCOME FUND rating 32.49 USD. The price is lower by -0.09% since the last closing and was traded between 32.49 USD and 32.90 USD over the period. The price is currently at 0% from its lowest and -1.25% from its highest.A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of REAVES UTILITY INCOME FUND indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 31.23 | 31.62 | 32.30 | 32.49 | 32.61 | 32.97 | 35.93 |
Change (%) | -3.88% | -2.68% | -0.58% | - | +0.37% | +1.48% | +10.59% |
Change | -1.26 | -0.87 | -0.19 | - | +0.12 | +0.48 | +3.44 |
Level | Major | Minor | Intermediate | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 31.94 | 32.22 | 32.35 | 32.63 | 32.76 | 33.04 | 33.17 |
Camarilla | 32.38 | 32.42 | 32.45 | 32.49 | 32.53 | 32.57 | 32.60 |
Woodie | 31.88 | 32.18 | 32.29 | 32.59 | 32.70 | 33.00 | 33.11 |
Fibonacci | 32.22 | 32.37 | 32.47 | 32.63 | 32.78 | 32.88 | 33.04 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 31.82 | 32.17 | 32.41 | 32.76 | 33.00 | 33.35 | 33.59 |
Camarilla | 32.50 | 32.55 | 32.61 | 32.66 | 32.71 | 32.77 | 32.82 |
Woodie | 31.78 | 32.14 | 32.37 | 32.73 | 32.96 | 33.32 | 33.55 |
Fibonacci | 32.17 | 32.39 | 32.53 | 32.76 | 32.98 | 33.12 | 33.35 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.43 | 30.28 | 31.40 | 32.25 | 33.37 | 34.22 | 35.34 |
Camarilla | 31.98 | 32.16 | 32.34 | 32.52 | 32.70 | 32.88 | 33.06 |
Woodie | 29.57 | 30.35 | 31.54 | 32.32 | 33.51 | 34.29 | 35.48 |
Fibonacci | 30.28 | 31.03 | 31.50 | 32.25 | 33.00 | 33.47 | 34.22 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 49.30 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -0.99 | |
AROON (14): | 78.57 | |
DEMA (21): | 32.58 | |
Parabolic SAR (0,02-0,02-0,2): | 32.51 | |
Elder Ray (13): | -0.04 | |
Super Trend (3,10): | 32.82 | |
Zig ZAG (10): | 32.58 | |
VORTEX (21): | 0.9700 | |
Stochastique (14,3,5): | 48.95 | |
TEMA (21): | 32.60 | |
Williams %R (14): | -66.04 | |
Chande Momentum Oscillator (20): | 0.15 | |
Repulse (5,40,3): | -0.9700 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 1.12 |
MA7: | 32.63 | |
MA20: | 32.37 | |
MA50: | 31.53 | |
MA100: | 29.57 | |
MAexp7: | 32.61 | |
MAexp20: | 32.61 | |
MAexp50: | 32.64 | |
MAexp100: | 32.56 | |
Price / MA7: | -0.43% | |
Price / MA20: | +0.37% | |
Price / MA50: | +3.04% | |
Price / MA100: | +9.87% | |
Price / MAexp7: | -0.37% | |
Price / MAexp20: | -0.37% | |
Price / MAexp50: | -0.46% | |
Price / MAexp100: | -0.21% |
News
Don't forget to follow the news on REAVES UTILITY INCOME FUND. At the time of publication of this analysis, the latest news was as follows:
- Reaves Utility Income Fund Section 19(a) Notice
- Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share
- Reaves Utility Income Fund Section 19(a) Notice
- Reaves Utility Income Fund Section 19(a) Notice
- Reaves Utility Income Fund Section 19(a) Notice
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