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To: P.Prazeres who wrote (21782)5/10/1998 9:05:00 PM
From: P.Prazeres  Respond to of 95453
 
Weekly Second Opinion - UTI
05/11/98

Symbol: UTI
Name: U T I ENERGY CORP
Exchange: AMEX
PRICE ANALYSIS Wk. Close 19.31
Wk. Open 18.50
Wk. High 20.50
Wk. Low 18.06
Wk. Change 0.81
YrHigh 48.63
YrLow 9.61
Mo Chg (%) 17.9
Resistance N/A
Support 18.07
SELL STOP 16.25
Volatility (%) 5
Position 74
ADXR 28


OPINION C-Rate 12.0
LONG
04/20/98 17.75


VOLUME ANALYSIS Ave Daily Vol 3087
Mo Chg (%) -31.6 *
U/D 1.3 Slope UP
Obv BL
Pos Obv BL
Neg Obv BL
MFI 68 Slope DOWN



DOUBLE TOP BREAKOUT

TECHNICAL ANALYSIS Alpha 0.25
Beta 1.09
MACD-ST BL
MACD-LT BL
50-Day R.S. 1.37
10-Day M.A. UP 104
21-Day M.A. UP 108
50-Day M.A. UP 119
200-Day M.A. UP 78
STO(Slow %K) 64
STO(Fast %K) 51
Wilders-RSI 62
OBOS 0
Bollinger Bands 22
RSV 98
POWER RATING 86


SCORE = 0

COMMENT


Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a STRONG UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 18.07
STOCK broke DOUBLE TOP (Bullish) Point & Figure Chart Formation Last Week

RECOMMENDATION

STOCK IS A BUY