UTES Virtus Reaves Utilities ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide total return through a combination of capital appreciation and income... Show more
UTES in +1.93% Uptrend, advancing for three consecutive days on June 03, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where UTES advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 300 cases where UTES Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for UTES moved out of overbought territory on June 04, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where UTES's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for UTES turned negative on June 04, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UTES declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Utilities
UTES and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UTES has been closely correlated with IDU. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if UTES jumps, then IDU could also see price increases.
| Ticker / NAME | Correlation To UTES | 1D Price Change % | ||
|---|---|---|---|---|
| UTES | 100% | -0.73% | ||
| IDU - UTES | 82% Closely correlated | -0.15% | ||
| XLU - UTES | 82% Closely correlated | -0.16% | ||
| FUTY - UTES | 82% Closely correlated | -0.17% | ||
| PUI - UTES | 82% Closely correlated | -0.07% | ||
| VPU - UTES | 81% Closely correlated | -0.15% | ||
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