Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Global X Cloud Computing ETF (NASDAQ:CLOU)
Long-Term Uptrend (+90) - CLOU is in a strong uptrend that is likely to continue. While CLOU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CLOU?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLOU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLOU
The long-term trend has been UP since Jun 1st, 2023 at 18.5371
The intermediate-term trend has been UP since May 18th, 2023 at 17.4607
The short-term trend has been UP since May 26th, 2023 at 18.0795
Smart Scan Analysis for CLOU
Based on our trend formula, CLOU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.835||52wk High Date||2022-08-11|
|52wk Low||14.34||52wk Low Date||2022-10-13|
|Average Volume||218,482||Shares Outstanding||30,370|