(BUFD) FT Cboe Vest Fund of Deep - Ratings and Ratios

The FT Cboe Vest Fund of Deep Buffer ETFs (BATS:BUFD) is designed to offer investors exposure to the US large-cap equity market while mitigating downside risk through a diversified portfolio of twelve underlying FT Cboe Vest U.S. Equity Deep Buffer ETFs, with staggered target outcome periods. This laddered approach allows the fund to manage risk by spreading investments across multiple ETFs with periodic expiration dates, providing a relatively stable investment strategy.

As a non-diversified, defined outcome ETF originating from the USA, BUFDs investment objective is centered around balancing equity market exposure with risk management. The funds structure is geared towards investors seeking to navigate market volatility while maintaining a level of protection against significant losses.

Analyzing the funds recent performance and technical indicators, we observe that the last price is $25.96, slightly above the 20-day Simple Moving Average (SMA) of $25.85, indicating a potential upward trend. The 50-day SMA at $25.10 and 200-day SMA at $25.30 further support this observation, as the current price is above both, suggesting a bullish sentiment in the short to medium term. The Average True Range (ATR) of 0.24, or 0.92%, indicates relatively contained volatility.

With Assets Under Management (AUM) standing at $1.299 billion USD, the fund demonstrates a considerable presence in the market, which can contribute to liquidity and stability. Given the current technical and fundamental data, a forecast for BUFD could involve a potential appreciation towards the 52-week high of $26.13, driven by its bullish trend indicators and the overall structure of the fund aimed at managing downside risk. However, approaching the 52-week high, potential resistance may be encountered, and the funds performance may be influenced by broader market conditions and the performance of its underlying ETFs.