SKYY First Trust Cloud Computing ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield of an equity index called the ISE CTA Cloud Computing Index TM... Show more
SKYY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for SKYY turned positive on July 23, 2025. Looking at past instances where SKYY's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 16, 2025. You may want to consider a long position or call options on SKYY as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for SKYY moved above the 200-day moving average on July 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SKYY advanced for three days, in of 372 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 270 cases where SKYY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SKYY moved out of overbought territory on July 10, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKYY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SKYY broke above its upper Bollinger Band on June 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| BEEZ | 33.18 | 0.22 | +0.65% |
| Honeytree U.S. Equity ETF | |||
| MMLG | 34.46 | 0.21 | +0.61% |
| First Trust Multi-Manager Large Gr ETF | |||
| TPLS | 25.20 | 0.05 | +0.20% |
| Thornburg Core Plus Bond ETF | |||
| RAVI | 75.49 | 0.04 | +0.05% |
| FlexShares Ultra-Short Income ETF | |||
| RFG | 50.46 | N/A | N/A |
| Invesco S&P MidCap 400® Pure Growth ETF | |||
SKYY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SKYY has been closely correlated with FTEC. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if SKYY jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To SKYY | 1D Price Change % | ||
|---|---|---|---|---|
| SKYY | 100% | +0.70% | ||
| FTEC - SKYY | 91% Closely correlated | +0.27% | ||
| VGT - SKYY | 86% Closely correlated | +0.23% | ||
| IYW - SKYY | 85% Closely correlated | +0.28% | ||
| XLK - SKYY | 82% Closely correlated | +0.25% | ||
| CHAT - SKYY | 80% Closely correlated | +0.47% | ||
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