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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
First Trust Cloud Computing ETF (NASDAQ:SKYY)
Crossroads (-60) - SKYY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SKYY
The long-term trend has been UP since Jul 5th, 2024 at 97.295
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 93.109
The short-term trend has been DOWN since Jul 24th, 2024 at 93.183
Smart Scan Analysis for SKYY
Based on our trend formula, SKYY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 93.252 | 94.444 | 93.252 | 94.088 | +0.832 |
| Prev. Close | Volume | Bid | Ask | Time |
| 93.220 | 0 | 2024-07-26 17:14:52 |
| Year High | 57.071 | Year High Date | 2018-10-01 |
| Year Low | 44.1 | Year Low Date | 2018-02-09 |
| 52wk High | 97.78 | 52wk High Date | 2024-03-08 |
| 52wk Low | 70.42 | 52wk Low Date | 2023-10-26 |
| Year End Close | 19.8699 | Average Volume | 139,210 |
| Shares Outstanding | 44,950 | Market Cap | 2,229M |
| Assets | 896M | Volatility | 29.63 |