Taking everything into account, SKYY scores 0 out of 10 in our technical rating. SKYY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SKYY is a bad performer in the overall market: 80% of all stocks are doing better.
- In the last month SKYY has a been trading in the 118.88 - 132.01 range, which is quite wide. It is currently trading near the lows of this range.
- SKYY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SKYY is lagging the market.
- Volume is considerably higher in the last couple of days.
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.
More info and screens
87.88
When analyzing the support we notice one important area.
- Support @88.77 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 119.04 to 119.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 124.85 to 126.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @132.41 from a horizontal line in the weekly time frame.
- Resistance @135.56 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 | DOWN | NEGATIVE | The long term trend for SKYY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKYY is down. |
| ChartMill Relative Strength | 20.57 | NEGATIVE | SKYY has a low relative strength, it was outperformed by 79.43% off all stocks 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 | MIXED | The current price of SKYY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.18 | NEUTRAL | The RSI value for SKYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests SKYY has a negative trend. |
| Stochastics (14,3) | 8.99 | OVERSOLD | The low Stochastics value suggests SKYY may be oversold. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SKYY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for SKYY suggests a possible start of a new trend. |
NASDAQ:SKYY (2/3/2026, 2:11:02 PM)
112.185
-7.11 (-5.96%)
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 0 / 10 to SKYY.
Can you provide the trend direction for FIRST TRUST CLOUD COMPUTING?
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 34.1824. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST TRUST CLOUD COMPUTING (SKYY) stock?
The short term momentum for FIRST TRUST CLOUD COMPUTING (SKYY) is negative.
What are the support and resistance levels for FIRST TRUST CLOUD COMPUTING (SKYY) stock?
FIRST TRUST CLOUD COMPUTING (SKYY) has a support level at 119.13 and a resistance level at 124.85. Check the full technical report for our detailed analysis of SKYY support and resistance levels.