(BSTP) Innovator Buffer Step-Up - Ratings and Ratios

The Innovator Buffer Step-Up Strategy ETF (NYSE ARCA: BSTP) is an actively managed exchange-traded fund designed to deliver risk-managed exposure to the SPDR® S&P 500® ETF Trust (SPY). The fund achieves this by primarily investing in exchange-traded options contracts on SPY, with a focus on FLexible EXchange® (FLEX) options that reference the underlying ETF. These FLEX options typically have one-year expiration dates and are structured to provide defined outcomes, aiming to limit downside risk while offering upside potential. The ETF is non-diversified, meaning it can concentrate its holdings in a limited number of securities, which may increase risk compared to diversified funds.

As of the latest data, BSTP has an average 20-day trading volume of 6,853 shares, indicating moderate liquidity. The funds last price was $33.28, with key moving averages showing a short-term SMA20 of $33.87 and a mid-term SMA50 of $33.73, slightly above its current price. The SMA200 stands at $32.54, reflecting a longer-term uptrend. The Average True Range (ATR) of 0.28 suggests relatively low volatility. With assets under management (AUM) of $71.97 million, BSTP operates within the defined outcome ETF category, targeting investors seeking structured investment solutions tied to the S&P 500s performance.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: BSTPs price is currently below its SMA20 and SMA50, suggesting potential near-term weakness. However, the SMA200 remains supportive, indicating long-term bullish momentum. Low ATR signals limited volatility, with expected price fluctuations within a narrow range. - Fundamental Outlook: The funds AUM of $71.97 million reflects moderate investor interest. With no significant changes in market conditions or strategy expected, BSTP is likely to maintain its current trajectory, with returns closely tied to the performance of its FLEX options portfolio. - Projection: Over the next three months, BSTP is expected to trade within a range of $32.50 to $34.50, influenced by the S&P 500s movement and the structured outcomes of its options portfolio.