FIRST TRUST CLOUD COMPUTING (SKYE.DE) Stock Technical Analysis
Europe - FRA:SKYE - IE00BFD2H405 - ETF
48.8 EUR
+0.31 (+0.64%)
Overall SKYE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SKYE is only an average performer.
Warning: SKYE has an average volume of 1233 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
SKYE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SKYE is lagging the market slightly.
In the last month SKYE has a been trading in the 47.53 - 50.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that SKYE is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SKYE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 48.41, a Stop Loss order could be placed below this zone.
More info and screens
33.98
49.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 47.80 to 48.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.43 to 46.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.10 from a horizontal line in the daily time frame.
- A support zone ranging from 42.07 to 42.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.32 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 | UP | POSITIVE | The long term trend for SKYE.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYE.DE is up. |
| ChartMill Relative Strength | 78.1 | POSITIVE | SKYE.DE has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYE.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYE.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SKYE.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for SKYE.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SKYE.DE has a negative trend. |
| Stochastics (14,3) | 51.93 | NEUTRAL | The Stochastics value for SKYE.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for SKYE.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for SKYE.DE suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.41 | 47.79 | 2.62 (5.20%) | 19.24% |
| An entry @50.41. This is a Buy Stop order right above the 10 day high. | An exit @47.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.62 points, which is 5.20%. | For a 1.00% total portfolio risk, you can invest 19.24% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:SKYE (10/15/2025, 7:00:00 PM)
48.8
+0.31 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week-1.28%
2 Weeks0.15%
1 Month0.25%
3 Month9.16%
6 Month37.39%
12 Month17.28%
2 Year66.81%
3 Year77.36%
5 Year77.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%1.53%
ATR Inc85.87%
Range Today0.91
ADR(20)0.65
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.1
Mansfield-0.13
10 Day High50.4
10 Day Low47.54
20 Day High50.4
20 Day Low47.54
52 Week High53.53
52 Week Low32.93
CS1 End48.41
CR1 StartN/A
Volume & EV
DER(3)-0.07%
DER(5)-0.09%
Volume2.59K
Volume Incr3.56%
Vol(5)1.56K
Vol(50)1.23K