


Technical Sentiment Analysis for Reaves Utility Income Fund (UTG). As of 2026-05-08, Reaves Utility Income Fund (UTG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for UTG stands at 54.85, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.66, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.99 and the Commodity Channel Index (CCI) at 54.3 further confirm a 0.29 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, UTG is trading above its 60-day moving average of $41.01 and above its 200-day long-term moving average of $38.9. Key price levels to watch include the immediate resistance at $43.91 and strong support at $41.8. A break above $43.91 could signal a bull continuation, while falling below $41.8 may test the next Fibonacci floor at $40.74.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 39.69 | 40.74 | 41.8 | 42.85 | 43.91 | 44.96 | 46.02 |
| Fibonacci | 40.74 | 41.55 | 42.05 | 42.85 | 43.66 | 44.16 | 44.96 |
2026-05-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.85 |
| Stochastic Oscillator | 73.99 |
| Stochastic RSI | 83.48 |
| Commodity Channel Index (CCI) | 54.3 |
| Awesome Oscillator | 2 |
| Momentum | 0.29 |
| MACD | 0.66 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 43.17 | Sell |
| 10-Day | 42.86 | Buy |
| 20-Day | 42.33 | Buy |
| 60-Day | 41.01 | Buy |
| 200-Day | 38.9 | Buy |
| 250-Day | 38.17 | Buy |