Overall SKYY gets a technical rating of 1 out of 10. 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 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
2 important support areas can be observed.
- A support zone ranging from 122.97 to 124.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @139.59 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SKYY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKYY is down. |
| ChartMill Relative Strength | 58.13 | 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) | DOWN | MIXED | The current price of SKYY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.07 | NEUTRAL | The RSI value for SKYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.7 | NEGATIVE | The MACD value suggests SKYY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.25 | OVERSOLD | The low Stochastics value suggests SKYY may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYY suggests some volalility. |
| Average Directional Index/ADX (14) | 26.89 | POSITIVE | The high ADX value value for SKYY suggests a strong trend. |
124.45
+0.8 (+0.65%)
FIRST TRUST CLOUD COMPUTING / SKYY FAQ
What is the ChartMill technical rating of FIRST TRUST CLOUD COMPUTING (SKYY) stock?
ChartMill assigns a technical rating of 1 / 10 to SKYY.
What is the current trend direction of FIRST TRUST CLOUD COMPUTING (SKYY) stock?
The current trend direction for FIRST TRUST CLOUD COMPUTING (SKYY) is Bearish.
What is the RSI signal for FIRST TRUST CLOUD COMPUTING (SKYY) stock?
FIRST TRUST CLOUD COMPUTING (SKYY) has an RSI value of 30.0711. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST TRUST CLOUD COMPUTING?
The short term momentum for FIRST TRUST CLOUD COMPUTING (SKYY) is negative.