FIRST TRUST CLOUD COMPUTING (SKYE.AS) Stock Technical Analysis
AMS:SKYE - Euronext Amsterdam - IE00BFD2H405 - ETF - Currency: EUR
Overall SKYE gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: SKYE has an average volume of 1882 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SKYE is one of the better performing stocks in the market, outperforming 83% of all stocks.
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.
In the last month SKYE has a been trading in the 42.49 - 46.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SKYE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.96
45.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.05 to 42.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.25 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 44.26 to 44.75. 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 | UP | POSITIVE | The long term trend for SKYE.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYE.AS is neutral. |
| ChartMill Relative Strength | 83.26 | POSITIVE | SKYE.AS has a high relative strength, it outperformed 83.26% 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 | MIXED | The current price of SKYE.AS is below 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) | 44.7 | NEUTRAL | The RSI value for SKYE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SKYE.AS has a negative trend. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for SKYE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for SKYE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.71 | 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 (8/1/2025, 7:00:00 PM)
43.32
-2.46 (-5.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.37%
1 Week-3.07%
2 Weeks-2.26%
1 Month-0.89%
3 Month9.59%
6 Month-17.85%
12 Month26.96%
2 Year39.97%
3 Year50.63%
5 Year49.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.64%
ATR Inc180.34%
Range Today2.22
ADR(20)0.54
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.26
Mansfield-0.61
10 Day High46.38
10 Day Low43
20 Day High46.38
20 Day Low42.49
52 Week High53.44
52 Week Low31.88
CS1 End42.18
CR1 Start44.26
Volume & EV
DER(3)0%
DER(5)0%
Volume8.77K
Volume Incr217.55%
Vol(5)3.99K
Vol(50)1.88K