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Duff & Phelps Utilities Income Inc stock price up 0.445% on Monday
(Updated on Mar 18, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 1.69% PDF

The Duff & Phelps Utilities Income Inc stock price gained 0.445% on the last trading day (Monday, 18th Mar 2024), rising from $8.98 to $9.02. During the last trading day the stock fluctuated 0.667% from a day low at $8.98 to a day high of $9.04. The price has risen in 5 of the last 10 days and is up by 1.92% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 145 thousand more shares were traded than the day before. In total, 531 thousand shares were bought and sold for approximately $4.79 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $9.12 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.83% during the next 3 months and, with a 90% probability hold a price between $8.94 and $9.47 at the end of this 3-month period.

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DNP Signals & Forecast

The Duff & Phelps Utilities Income Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $8.97 and $8.84. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -0.770%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Thursday, February 15, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Thursday, February 15, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Duff & Phelps Utilities Income Inc stock

Duff & Phelps Utilities Income Inc finds support from accumulated volume at $8.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0599 between high and low, or 0.667%. For the last week the stock has had daily average volatility of 1.14%.

Our recommended stop-loss: $8.66 (-4.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (DNP) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect Duff & Phelps Utilities Income Inc to open at $9.01, and during the day (based on 14 day Average True Range), to move between $8.91 and $9.13, which gives a possible trading interval of +/-$0.111 (+/-1.23%) up or down from last closing price. If Duff & Phelps Utilities Income Inc takes out the full calculated possible swing range there will be an estimated 2.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.05 (0.33%) than the support at $8.84 (2.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Duff & Phelps Utilities Income Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Duff & Phelps Utilities Income Inc stock to perform well in the short-term.

Current score: 2.620 Buy Candidate Unchanged

Predicted Opening Price for Duff & Phelps Utilities Income Inc of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$9.01 ( 0.0735%) $9.02

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DNP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.07 0.591 %
R2 9.05 0.337 %
R1 9.04 0.180 %
Current price: 9.02
Support S1 8.99 -0.327 %
S2 8.98 -0.484 %
S3 8.95 -0.738 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.09 0.776 %
R2 9.06 0.443 %
R1 9.05 0.333 %
Current price 9.02
Support S1 8.84 -2.00%
S2 8.65 -4.10%
S3 8.48 -5.99%

DNP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 14, 2023 Mar 27, 2024 Apr 10, 2024 $0.0650 0.721%
2 Dec 14, 2023 Feb 28, 2024 Mar 11, 2024 $0.0650 0.715%
3 Dec 14, 2023 Jan 30, 2024 Feb 12, 2024 $0.0650 0.745%
4 Sep 26, 2023 Dec 28, 2023 Jan 10, 2024 $0.0650 0.725%
5 Sep 25, 2023 Nov 29, 2023 Dec 11, 2023 $0.0650 0.770%

FAQ

What is the symbol for Duff & Phelps Utilities Income Inc Stock and on which exchange is it traded?
The symbol for Duff & Phelps Utilities Income Inc is DNP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Duff & Phelps Utilities Income Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Duff & Phelps Utilities Income Inc stock to perform well in the short-term.

How to buy Duff & Phelps Utilities Income Inc Stock?
Duff & Phelps Utilities Income Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Duff & Phelps Utilities Income Inc Stock.

What's the current price of Duff & Phelps Utilities Income Inc Stock?
As of the end of day on the 2024-03-18, the price of an Duff & Phelps Utilities Income Inc (DNP) share was $9.02.

What is the 52-week high and low for Duff & Phelps Utilities Income Inc Stock?
The 52-week high for Duff & Phelps Utilities Income Inc Stock is $11.18 and the 52-week low is $8.09.

What is the market capitalization of Duff & Phelps Utilities Income Inc Stock?
As of the 2024-03-18, the market capitalization of Duff & Phelps Utilities Income Inc is 3.275B.
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About Duff & Phelps Utilities Income Inc

Duff & Phelps Utilitiesome DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capita... DNP Profile

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