FIRST TRUST CLOUD COMPUTING (SKYE.AS) Stock Technical Analysis
AMS:SKYE - Euronext Amsterdam - IE00BFD2H405 - ETF - Currency: EUR
Taking everything into account, SKYE scores 4 out of 10 in our technical rating. SKYE 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.
Warning: SKYE has an average volume of 2993 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SKYE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that SKYE is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SKYE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SKYE is lagging the market slightly.
SKYE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.20, a Stop Loss order could be placed below this zone.
More info and screens
33.96
44.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.06 to 42.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.75 from a trend line in the weekly time frame.
- Support @34.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.86 to 44.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SKYE.AS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYE.AS is neutral. |
| ChartMill Relative Strength | 79.2 | POSITIVE | SKYE.AS has a high relative strength, it outperformed 79.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKYE.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYE.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SKYE.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.46 | NEUTRAL | The RSI value for SKYE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SKYE.AS has a negative trend. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for SKYE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for SKYE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 11.41 | NEGATIVE | The low ADX value for SKYE.AS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:SKYE (6/19/2025, 7:00:00 PM)
42.21
-0.45 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week-1.49%
2 Weeks-3.81%
1 Month-1.15%
3 Month0.26%
6 Month-15.04%
12 Month16.54%
2 Year42.94%
3 Year59.4%
5 Year53.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%1.38%
ATR Inc-60.93%
Range Today0.35
ADR(20)0.51
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield-0.43
10 Day High44.11
10 Day Low42.11
20 Day High44.11
20 Day Low41.59
52 Week High53.44
52 Week Low31.88
CS1 End42.2
CR1 Start42.86
Volume & EV
DER(3)0%
DER(5)0%
Volume796
Volume Incr-33.31%
Vol(5)1.39K
Vol(50)2.99K