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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

First Trust Cloud Computing ETF (NASDAQ:SKYY)

Weak Downtrend (-65) - SKYY is showing signs of a strengthening downtrend. Monitor SKYY as it may be building momentum to the downside.

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
90.111 90.308 88.438 88.795 -1.320
Entry Signal

MarketClub’s Trade Triangles for SKYY

long term up The long-term trend has been UP since Nov 29th, 2023 at 81.967

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 93.282

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 94.447

Smart Scan Analysis for SKYY

Based on our trend formula, SKYY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SKYY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.111 90.308 88.438 88.795 -1.320
Prev. Close Volume Bid Ask Time
90.100 0 2024-04-19 16:03:01
Year High57.071Year High Date2018-10-01
Year Low44.1Year Low Date2018-02-09
52wk High97.7852wk High Date2024-03-08
52wk Low60.6552wk Low Date2023-05-03
Year End Close19.8699Average Volume144,920
Shares Outstanding44,950Market Cap2,229M
Assets896MVolatility29.63
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