(BAUG) Innovator U.S. Equity - Ratings and Ratios

The Innovator U.S. Equity Buffer ETF - August (BATS: BAUG) is designed to provide investors with exposure to the S&P 500 while incorporating downside protection through the use of FLEX Options. The fund invests at least 80% of its net assets in these customizable exchange-traded option contracts, which are tied to the performance of the SPDR S&P 500 ETF Trust (SPY). FLEX Options allow for tailored strike prices and expiration dates, offering a unique risk management approach compared to traditional options. As a non-diversified fund, it may concentrate its investments in a limited number of securities, which can increase volatility.

Ticker Symbol: BAUG | Exchange: BATS | Type: ETF | Country Origin: USA | ETF Category: Defined Outcome

From a technical standpoint, BAUG has shown a 20-day average volume of 31,773 shares, indicating moderate trading activity. The last price of $43.27 is slightly below its short-term moving averages, with the 20-day SMA at $44.41 and the 50-day SMA at $44.18. The 200-day SMA of $42.42 suggests the fund has been trading in a stable range over the longer term. The Average True Range (ATR) of 0.30 reflects relatively low volatility in recent price movements.

Fundamentally, BAUG manages assets under management (AUM) of $162.39 million, which is modest compared to larger ETFs but sufficient to maintain liquidity. The funds structure as a defined outcome ETF positions it as a tool for investors seeking to balance equity exposure with downside protection, particularly during periods of market uncertainty.

3-Month Forecast: Based on the current technical and fundamental data, BAUG is expected to trade within a narrow range, with potential resistance near $44.50 and support around $42.50. The funds ATR of 0.30 suggests that price fluctuations will remain subdued, with average daily price changes of less than 1%. The 20-day SMA of $44.41 may act as a ceiling, while the 200-day SMA of $42.42 could provide a floor. The AUM of $162.39 million indicates steady investor interest, which may contribute to stable trading volumes over the next quarter.