FIRSTTRUST CLOUD COMPUTING E (SKYY.CA) Stock Technical Analysis
TSX:SKYY - Toronto Stock Exchange - CA33745D1024 - ETF - Currency: CAD
Overall SKYY gets a technical rating of 8 out of 10. SKYY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: SKYY has an average volume of 754 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SKYY did better than 79% of all other stocks.
SKYY 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 SKYY is lagging the market slightly.
In the last month SKYY has a been trading in the 27.83 - 29.78 range, which is quite wide. It is currently trading near the high of this range.
Although SKYY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.91
30.02
4 important support areas can be observed.
- A support zone ranging from 28.74 to 29.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.37 to 27.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.28 from a trend line in the weekly time frame.
- Support @23.14 from a trend 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 SKYY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKYY.CA is up. |
| ChartMill Relative Strength | 79.6 | POSITIVE | SKYY.CA has a high relative strength, it outperformed 79.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKYY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.17 | NEUTRAL | The RSI value for SKYY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SKYY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.36 | NEUTRAL | The Stochastics value for SKYY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for SKYY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for SKYY.CA 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)
TSX:SKYY (7/18/2025, 7:00:00 PM)
29.72
+0.13 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week3.41%
2 Weeks0.34%
1 Month6.07%
3 Month27.77%
6 Month-4.53%
12 Month31.56%
2 Year61.87%
3 Year89.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.13%
ATR Inc29.41%
Range Today0.09
ADR(20)0.19
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.6
Mansfield0.04
10 Day High29.78
10 Day Low28.74
20 Day High29.78
20 Day Low27.83
52 Week High33.08
52 Week Low21.29
CS1 End29.46
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume510
Volume Incr-14.15%
Vol(5)507.4
Vol(50)754.68