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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

First Trust Cloud Computing ETF (NASDAQ:SKYY)

Countertrend Up (+85) - SKYY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SKYY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SKYY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SKYY
Open High Low SKYY Price Change
117.038 117.692 116.003 117.576 +0.528
Entry Signal

MarketClub’s Trade Triangles for SKYY

long term up The long-term trend has been UP since Aug 20th, 2024 at 97.626

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2024 at 96.156

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 118.165

Smart Scan Analysis for SKYY

Based on our trend formula, SKYY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SKYY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.038 117.692 116.003 117.576 +0.528
Prev. Close Volume Bid Ask Time
117.620 0 2024-11-20 17:14:14
Year High57.071Year High Date2018-10-01
Year Low44.1Year Low Date2018-02-09
52wk High121.5952wk High Date2024-11-13
52wk Low79.450652wk Low Date2023-11-21
Year End Close19.8699Average Volume127,974
Shares Outstanding44,950Market Cap2,229M
Assets896MVolatility29.63
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