(BGLD) FT Cboe Vest Gold Tactical - Ratings and Ratios

The FT Cboe Vest Gold Tactical Buffer ETF (BGLD) is designed to provide investors with exposure to the price performance of gold while incorporating a buffer against potential declines. Under normal market conditions, the fund allocates its assets primarily across U.S. Treasury securities, cash, and cash equivalents, as well as shares of a wholly-owned subsidiary that holds FLexible EXchange® (FLEX) options linked to the SPDR® Gold Trust. This structured approach aims to offer a risk-managed investment strategy, combining the stability of Treasury securities with the potential upside of gold prices through options. The fund is non-diversified, meaning it can concentrate its investments in a smaller number of securities or strategies.

As of the latest data, BGLD trades on the BATS exchange under the ticker symbol BGLD and falls under the Defined Outcome ETF category. It currently has assets under management (AUM) of $52.99 million, with an average 20-day trading volume of 53,353 shares. The funds price trends show a 20-day moving average of 19.99, a 50-day moving average of 19.26, and a 200-day moving average of 17.93, with an average true range (ATR) of 0.18, indicating relatively stable price action.

3-Month Forecast: Based on the provided technical and fundamental data, the following forecast is generated: - Price Range: The ETF is expected to trade within a range of $19.50 to $21.00 over the next three months, reflecting its current price of $20.19 and historical volatility. - Trend: The 20-day and 50-day moving averages suggest a consolidating trend, with potential upside driven by gold price movements. The 200-day moving average indicates long-term bullish momentum. - Volatility: The ATR of 0.18 suggests low volatility, implying that price fluctuations will likely remain moderate. - Volume: Average trading volume is expected to remain stable around 53,353 shares per day, supporting consistent liquidity. - Gold Exposure: The funds performance will continue to be influenced by the price movements of the SPDR® Gold Trust, with the FLEX options providing a buffer against potential declines. This forecast is based on the assumption that market conditions and gold price trends will remain relatively stable, with no significant disruptions to the broader financial markets.