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Stock Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

First Trust Cloud Computing ETF (NASDAQ:SKYY)

Bull Market Weakness (+75) - SKYY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SKYY as it may be in the beginning stages of a reversal.

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
62.707 64.592 62.706 64.404 +1.697
Entry Signal

MarketClub’s Trade Triangles for SKYY

long term up The long-term trend has been UP since Feb 1st, 2023 at 65.726

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 62.505

short term up The short-term trend has been UP since Mar 16th, 2023 at 61.909

Smart Scan Analysis for SKYY

Based on our trend formula, SKYY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SKYY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.707 64.592 62.706 64.404 +1.697
Prev. Close Volume Bid Ask Time
64.440 0 2023-03-21 17:14:36
Year High57.071Year High Date2018-10-01
Year Low44.1Year Low Date2018-02-09
52wk High94.152wk High Date2022-03-29
52wk Low54.552wk Low Date2023-01-06
Year End Close19.8699Average Volume257,468
Shares Outstanding44,950Market Cap2,229M
Assets896MVolatility29.63
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