Utility stocks have been conforming very reliably to charting analysis; if that trend continues, the chart says they better stop dropping now. We’ve discussed in…
Tagged $VPU
Utilities Continue To Follow The Road Map
Utility stocks have been unusually responsive to key chart levels recently. As money managers who rely quite a bit on the charts, it’s always comforting…
Still Finding “Utility” In Defensive Sectors
After breaking out to an all-time high last month, the Dow Jones Utility Average rebounded successfully off its first test of the breakout level. Just…
Utilities Winning By Not Losing
While the broad stock market has been getting hammered, the utility sector hit a 52-week high this week – and achieved a significant relative breakout.…
Utility Stocks Testing Long-Term Uptrend
This is a quick and simple post on the Dow Jones Utility Average (DJU), which is testing a clearly defined UP trendline from its lows…
Dow Divergences Part 2: Utilities
This is part 2 of our series (or mini-series…TBD) on divergences. As we stated yesterday, divergences (in which one index achieves a new high whereas…
Utility Sector Testing Key Near-Term Support Level With a gain of roughly 26% last year, the utilities were one of the best-performing sectors in 2014.…