FT Vest Laddered Buffer ETF (BUFR)

FT Vest Laddered Buffer ETF is trading at $37.29, down 0.19% on the session. The 50 day average sits at $36.62 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70.2, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $36.35 with resistance near $37.49, so that band frames the current range. Average daily movement is roughly $0.18, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 68, momentum of 68 and a risk score of 92.

The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of twelve FT Vest U.S. Equity Buffer ETFs. Under normal market conditions, it will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to a predetermined upside cap, while providing a buffer against the first 10% of SPY losses, over a defined one-year period.