GLOBAL X CLOUD COMPUTING ETF (CLOU) Stock Technical Analysis
NASDAQ:CLOU - Nasdaq - US37954Y4420 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to CLOU. In the past year, CLOU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CLOU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 23.55, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.96
2 important support areas can be observed.
- A support zone ranging from 22.32 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.15 to 19.22. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.72 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CLOU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLOU is up. |
| ChartMill Relative Strength | 71.75 | POSITIVE | CLOU has a high relative strength, it outperformed 71.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLOU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLOU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLOU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.36 | NEUTRAL | The RSI value for CLOU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLOU has a positive trend. |
| Stochastics (14,3) | 81.87 | OVERBOUGHT | The high Stochastics value suggests CLOU may be overbought. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for CLOU suggests low volalility. |
| Average Directional Index/ADX (14) | 12.03 | NEGATIVE | The low ADX value for CLOU suggests a weak or negative trend. |
NASDAQ:CLOU (7/22/2025, 5:20:01 PM)
23.61
+0.18 (+0.77%)