(PSEP) Innovator SP500 Power - Ratings and Ratios

The Innovator S&P500 Power Buffer ETF - September (BATS:PSEP) is an exchange-traded fund that employs a unique investment strategy, allocating at least 80% of its net assets to FLexible EXchange Options (FLEX Options) that track the performance of the SPDR S&P 500 ETF Trust. This approach allows the fund to capitalize on the potential upside of the S&P 500 index while mitigating potential downsides through the customizable terms of FLEX Options.

As a non-diversified ETF, PSEPs investment focus is concentrated on a specific strategy, which may result in higher volatility compared to diversified funds. The Defined Outcome category classification indicates that the fund is designed to achieve a specific investment objective, in this case, potentially providing a buffer against losses while still allowing for gains up to a certain cap.

Analyzing the funds recent performance and technical indicators, we observe that the last price is $40.00, slightly above its 20-day Simple Moving Average (SMA) of $39.92, indicating a potential bullish trend. The 50-day and 200-day SMAs are $39.01 and $38.92, respectively, suggesting a longer-term uptrend. The Average True Range (ATR) of 0.25 represents a relatively low volatility, with a daily price movement of 0.63%. Considering the 52-week high and low of $40.27 and $36.04, respectively, the fund is currently trading near its all-time high, which may indicate a potential resistance level.

Based on the technical and fundamental data, a forecast for PSEP can be derived. With the S&P 500 index being a broad market indicator, the overall health of the US stock market will significantly impact PSEPs performance. If the S&P 500 continues its upward trend, PSEPs FLEX Options strategy is likely to benefit, potentially driving the funds price higher. However, if the market experiences a downturn, the buffer provided by the FLEX Options may help mitigate losses. Given the current technical indicators and the funds AUM of $717.55M USD, a potential price target for PSEP could be in the range of $41.00 to $42.00, representing a 2.5% to 5% increase from the current price, assuming the S&P 500 continues its current trajectory.