(XJUN) First Trust Exchange Traded - Ratings and Ratios

The First Trust Exchange Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - Jun (BATS:XJUN) is a defined outcome ETF designed to provide a buffered exposure to the S&P 500. It primarily invests in FLEX Options, which are customizable exchange-traded contracts that allow for tailored terms such as strike prices, expiration dates, and option styles. These options are linked to the SPDR® S&P 500® ETF Trust, offering a way to gain exposure to the S&P 500 with defined risk parameters. The fund is non-diversified, meaning it can concentrate its holdings in a limited number of securities, which may increase risk.

As of the latest data, XJUN has an average 20-day volume of 14,531 shares, with a last price of $38.74. Its short-term trend indicators show an SMA20 of $39.17 and an SMA50 of $38.98, while the SMA200 stands at $37.91. The ATR is 0.16, indicating low volatility. The fund manages $160.56 million in assets under management (AUM), placing it in the defined outcome ETF category.

3-Month Forecast: Based on the technical and fundamental data, XJUN is expected to trade within a narrow range. The SMA20 and SMA50 are converging, suggesting potential sideways movement. Support is likely at $37.91 (SMA200), while resistance may form near $39.17 (SMA20). The ATR of 0.16 indicates low volatility, suggesting minimal price fluctuations. The AUM of $160.56 million reflects moderate investor interest, which could support stability. Overall, the fund is expected to maintain its buffered exposure to the S&P 500 with minimal deviation from its current trajectory.