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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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
95.631 96.380 95.564 95.684 +0.046
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 up The intermediate-term trend has been UP since Mar 8th, 2024 at 97.470

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 95.602

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
95.631 96.380 95.564 95.684 +0.046
Prev. Close Volume Bid Ask Time
95.600 0 2024-03-28 17:14:32
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 Volume164,641
Shares Outstanding44,950Market Cap2,229M
Assets896MVolatility29.63
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