FIRST TRUST CLOUD COMPUTING (SKYY) Stock Technical Analysis
NASDAQ:SKYY - Nasdaq - US33734X1928 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to SKYY. SKYY 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SKYY has a been trading in the 85.38 - 106.04 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SKYY turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
SKYY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SKYY is bad and it also does not present a quality setup 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
87.88
131.76
When analyzing the support we can see 2 important areas.
- Support @94.52 from a trend line in the daily time frame.
- A support zone ranging from 88.77 to 91.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 104.08 to 106.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 130.46 to 130.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.6
Mansfield0.01
10 Day High104.79
10 Day Low91.12
20 Day High106.04
20 Day Low85.38
52 Week High131.54
52 Week Low83.45
Performance
1 Week6.38%
2 Weeks6.9%
1 Month0.65%
3 Month-18.9%
6 Month-3.07%
12 Month13.43%
2 Year64.41%
3 Year37.33%
5 Year66.38%
10 Year240.77%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.73
RSI(14)54.69
LBB90.58
UBB106.45
104.07
-0.43 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.41%
1 Week6.38%
2 Weeks6.9%
1 Month0.65%
3 Month-18.9%
6 Month-3.07%
12 Month13.43%
2 Year64.41%
3 Year37.33%
5 Year66.38%
10 Year240.77%
15 YearN/A
Volatility
ATR(14)3.25
ATR(20)%4.58%
ATR Inc-44.76%
Range Today3
ADR(20)3.98
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.6
Mansfield0.01
10 Day High104.79
10 Day Low91.12
20 Day High106.04
20 Day Low85.38
52 Week High131.54
52 Week Low83.45
CS1 End94.52
CR1 Start104.08
Volume & EV
DER(3)-2.45%
DER(5)-2.95%
Volume87.30K
Volume Incr-46.23%
Vol(5)123.46K
Vol(50)248.49K