NYSEARCA:BUFT - NYSE Arca - US33740U7607 - ETF - Currency: USD
Overall BUFT gets a technical rating of 3 out of 10. BUFT 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, BUFT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BUFT in the last couple of days, which is a good sign.
20.81
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
NYSEARCA:BUFT (4/28/2025, 8:04:01 PM)
22.27
0 (0%)