Virtus Reaves Utilities ETF (UTES)

Virtus Reaves Utilities ETF is trading at $76.55, down 0.12% on the session. The 50 day average sits at $74.05 and the 200 day at $78.88, which puts the stock in a downtrend. RSI is at 53.9, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $74.38 with resistance near $76.96, so that band frames the current range. Average daily movement is roughly $1.36, or about 1.8% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 43, momentum of 71 and a risk score of 67.

The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector ("Utility Sector Companies"). The manager considers a company to be a "Utility Sector Company" if at least 50% of the company's assets or customers are committed to, or at least 50% of the company's revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution of electricity, gas or water. The fund is non-diversified.