(FJUL) FT Cboe Vest U.S. Equity - Ratings and Ratios

The FT Cboe Vest U.S. Equity Buffer ETF - July (BATS:FJUL) is an exchange-traded fund that employs a target outcome strategy using FLEX Options to achieve predetermined investment outcomes based on the performance of an underlying security or index. By investing substantially all of its assets in these FLEX Options, the fund aims to provide a buffer against potential losses while still allowing for potential gains.

The funds non-diversified nature means that it may be more susceptible to significant losses if the underlying security or index experiences a substantial decline. However, this also allows the fund to focus its investments and potentially capitalize on specific market opportunities. As a Defined Outcome ETF, FJUL is designed to provide investors with a clear understanding of the potential risks and rewards associated with the investment.

Analyzing the funds recent price action, we can see that it has been trending upward, with its current price of $50.00 exceeding both its 20-day and 50-day simple moving averages. The funds average true range (ATR) of 0.45 indicates a relatively moderate level of volatility, with a daily price movement of approximately 0.89%. Given the current technical landscape, it is likely that FJUL will continue to experience a moderate upward trend, potentially reaching the upper end of its 52-week range.

Considering the funds assets under management (AUM) of $1003.58M USD, it is clear that FJUL has attracted significant investor interest. Combining this fundamental data with the technical analysis, we can forecast that FJUL may continue to attract investors seeking a buffered exposure to the U.S. equity market. As such, the funds price may potentially reach $51.50 within the next few months, representing a 3% increase from its current price. However, if the underlying security or index experiences a significant decline, FJULs non-diversified nature may result in a more substantial loss, potentially falling to $45.00.