FIRST TRUST CLOUD COMPUTING (SKYY) Stock Technical Analysis
NASDAQ:SKYY - US33734X1928 - ETF
122.06 USD
+3.11 (+2.61%)
Taking everything into account, SKYY scores 5 out of 10 in our technical rating. SKYY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
Looking at the yearly performance, SKYY did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month SKYY has a been trading in the 117.45 - 126.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SKYY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 121.41, a Stop Loss order could be placed below this zone.
More info and screens
87.88
124.85
3 important support areas can be observed.
- A support zone ranging from 118.24 to 121.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.91 from a trend line in the weekly time frame.
- Support @88.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @123.61 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 | 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 | 76.07 | POSITIVE | SKYY has a high relative strength, it outperformed 76.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SKYY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKYY is above the rising 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) | 52.88 | NEUTRAL | The RSI value for SKYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SKYY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.75 | NEUTRAL | The Stochastics value for SKYY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for SKYY suggests low volalility. |
| Average Directional Index/ADX (14) | 8.89 | NEGATIVE | The low ADX value for SKYY 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)
NASDAQ:SKYY (8/22/2025, 8:00:02 PM)
122.06
+3.11 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.61%
1 Week0.83%
2 Weeks1.34%
1 Month-2.09%
3 Month7.66%
6 Month0.23%
12 Month24.69%
2 Year51.99%
3 Year78.19%
5 Year46.74%
10 Year321.04%
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%1.99%
ATR Inc-13.69%
Range Today3.21
ADR(20)2.05
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.07
Mansfield-0.24
10 Day High122.25
10 Day Low117.45
20 Day High126.9
20 Day Low117.45
52 Week High131.54
52 Week Low85.38
CS1 End121.41
CR1 Start123.61
Volume & EV
DER(3)-3.15%
DER(5)-4.14%
Volume63.50K
Volume Incr-72.48%
Vol(5)95.76K
Vol(50)224.64K