FIRST TRUST CLOUD COMPUTING (SKYY) Stock Technical Analysis
USA - NASDAQ:SKYY - US33734X1928 - ETF
Overall SKYY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKYY is showing a nice and steady performance.
SKYY has an excellent technical rating, but the quality of the setup is only medium 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
We found 4 important support areas.
- A support zone ranging from 131.97 to 136.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @121.68 from a trend line in the daily time frame.
- Support @119.04 from a horizontal line in the daily time frame.
- Support @88.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 140.73 to 141.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for SKYY is up. |
| ChartMill Relative Strength | 82.45 | POSITIVE | SKYY has a high relative strength, it outperformed 82.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKYY is above the rising 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) | 64.27 | NEUTRAL | The RSI value for SKYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests SKYY has a positive trend. |
| Stochastics (14,3) | 93.22 | OVERBOUGHT | The high Stochastics value suggests SKYY may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for SKYY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.92 | NEGATIVE | The low ADX value for SKYY suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 141.15 | 131.40 | 9.75 (6.91%) | 14.48% |
| An entry @141.15. This is a Buy Stop order right above the resistance zone. | An exit @131.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.75 points, which is 6.91%. | When investing 14.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SKYY (10/30/2025, 4:30:02 PM)
139.39
-1.33 (-0.95%)
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 10 / 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 Bullish.
What is the RSI signal for FIRST TRUST CLOUD COMPUTING (SKYY) stock?
FIRST TRUST CLOUD COMPUTING (SKYY) has an RSI value of 64.2742. 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 positive.
What is the buy/sell signal for SKYY stock?
The buy/sell signal for FIRST TRUST CLOUD COMPUTING (SKYY) is buy as both the short term and long term trends are positive.