Overall SKYY gets a technical rating of 2 out of 10. In the last year, SKYY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of SKYY is bad and it also does not present a 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.
87.88
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKYY is neutral. |
| ChartMill Relative Strength | 37.66 | NEUTRAL | SKYY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKYY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKYY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKYY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for SKYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SKYY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.36 | NEUTRAL | The Stochastics value for SKYY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for SKYY suggests a possible start of a new trend. |
129.42
-2.24 (-1.7%)
ChartMill assigns a technical rating of 2 / 10 to SKYY.
The current trend direction for FIRST TRUST CLOUD COMPUTING (SKYY) is Bullish.
FIRST TRUST CLOUD COMPUTING (SKYY) has an RSI value of 43.0186. This indicates that the stock is currently neutral.
The short term momentum for FIRST TRUST CLOUD COMPUTING (SKYY) is neutral.