FT VEST BUFFERED ALLOCATION (BUFG) Stock Technical Analysis
NYSEARCA:BUFG - NYSE Arca - US33740U7789 - ETF - Currency: USD
Taking everything into account, BUFG scores 1 out of 10 in our technical rating. BUFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, BUFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BUFG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.55
2 important support areas can be observed.
- A support zone ranging from 23.06 to 23.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.77 to 22.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.71 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.65 to 25.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSEARCA:BUFG (4/28/2025, 4:15:01 PM)
23.5
-0.06 (-0.25%)