Cloud ETFs Scan
Scan
Cloud ETFs Scan
Watchlists 1
raw scan snapshot — prices as of scan date, not live 33 rows · screens, not recommendations superseded by2026-04-26-cloud-etfsported fromresearch/classic/scans/_archive/2026-03-11-cloud-etfs.mdscan slugcloud-etfssource typescan-archive
All four cloud ETFs carry death crosses with 15-22% drawdowns from 52wk highs, but RSIs have recovered to neutral (48-52) from recent lows. Sector stabilizing after brutal 3M selloff (-15% to -22%). Not yet a buy signal — watching for golden cross formation.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 STABILIZING — All four ETFs have death crosses and trade well below SMA200 (-10% to -18%). RSIs have recovered to neutral range (48-52), suggesting selling pressure has eased but no reversal yet. |
| Leaders | CLOU ($19.81, RSI 52, +4.5% 30D, least drawdown at -19% from high) |
| Laggards | IGV ($85.72, RSI 49, -22% 3M, -27% from high, -18.4% vs SMA200) |
Price Table (Validated 2026-03-11)
| Stock | Price | RSI | SMA20 | SMA50 | SMA200 | vs SMA20 | vs SMA50 | vs SMA200 | Trend | 7D | 30D | 3M | Signal |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLOU | $19.81 | 52 | $19.22 | $20.53 | $22.41 | +3.1% | -3.5% | -11.6% | strong-down | +1.7% | +4.5% | -14.6% | 🟡 Best relative strength, above SMA20 |
| WCLD | $28.82 | 50 | $27.91 | $30.46 | $34.06 | +3.2% | -5.4% | -15.4% | strong-down | +1.6% | +4.5% | -20.2% | 🟡 Pure-play cloud, above SMA20 but deep below SMA200 |
| IGV | $85.72 | 49 | $83.00 | $91.37 | $105.06 | +3.3% | -6.2% | -18.4% | strong-down | +0.4% | +3.0% | -21.9% | 🟡 Largest drawdown vs SMA200, software pain |
| SKYY | $113.32 | 48 | $111.58 | $118.80 | $125.40 | +1.6% | -4.6% | -9.6% | strong-down | +1.0% | +0.2% | -15.7% | 🟡 Weakest 30D recovery, flat month |
Tier Analysis
Capitulation (RSI < 25) — Extreme Washout
None. All ETFs have recovered from prior oversold conditions to neutral range.
Oversold (RSI 25-40) — Watch for Entry
None currently. All four ETFs sit in neutral territory.
Neutral (RSI 40-60) — Stabilizing
| ETF | RSI | 30D | vs SMA200 | Notes |
|---|---|---|---|---|
| SKYY | 48 | +0.2% | -9.6% | Weakest 30D recovery. Flat month despite sector bounce. |
| IGV | 49 | +3.0% | -18.4% | Largest SMA200 gap. Software spending cuts hitting hardest. -27% from high. |
| WCLD | 50 | +4.5% | -15.4% | Pure-play cloud recovering. -22% from high. |
| CLOU | 52 | +4.5% | -11.6% | Best relative strength. Smallest SMA200 gap. -19% from high. |
Strong (RSI 60+) — Momentum
None. No cloud ETF has momentum yet.
Cross-ETF Analysis
| Metric | CLOU | WCLD | IGV | SKYY |
|---|---|---|---|---|
| vs SMA200 | -11.6% | -15.4% | -18.4% | -9.6% |
| 3M Change | -14.6% | -20.2% | -21.9% | -15.7% |
| From 52wk High | -18.5% | -22.4% | -27.4% | -21.2% |
| Death Cross | Yes | Yes | Yes | Yes |
| 30D Recovery | +4.5% | +4.5% | +3.0% | +0.2% |
Key pattern: All four carry death crosses. CLOU and WCLD showing best 30D recovery (+4.5%). IGV worst hit (-27% from high) due to enterprise software exposure. SKYY flat in 30D — lagging the bounce.
Entry Zones
| ETF | Entry Zone | Thesis |
|---|---|---|
| 🟡 WCLD | $26-$29 | Pure-play cloud, death cross but recovering. Wait for SMA50 recapture ($30.46). |
| 🟡 IGV | $80-$86 | Deepest value (-27% from high, -18% vs SMA200). Wait for RSI > 55 confirmation. |
| 🟡 CLOU | $18-$20 | Best relative strength. Wait for golden cross formation. |
| 🟡 SKYY | $108-$113 | Weakest bounce — wait for 30D momentum to confirm. |
Action Matrix
| ETF | Signal | Action | Notes |
|---|---|---|---|
| CLOU | 🟡 RSI 52 | 🔍 Watch | Best relative strength, +4.5% 30D. Wait for golden cross. |
| WCLD | 🟡 RSI 50 | 🔍 Watch | +4.5% 30D, pure-play cloud. Death cross still active. |
| IGV | 🟡 RSI 49 | 🔍 Watch | Deepest drawdown (-27% from high). Contrarian opportunity IF trend reverses. |
| SKYY | 🟡 RSI 48 | 🔍 Watch | Flat 30D (+0.2%) — lagging bounce. Weakest of the four. |
What Changed (vs 2026-03-10 scan)
| ETF | Previous | Current | Move | Note |
|---|---|---|---|---|
| CLOU | ~RSI 48-52 | RSI 52, $19.81 | — | Steady, still best relative strength |
| WCLD | ~RSI 48-52 | RSI 50, $28.82 | — | Neutral, above SMA20 |
| IGV | ~RSI 46-50 | RSI 49, $85.72 | — | Slight improvement, still deepest drawdown |
| SKYY | ~RSI 46-50 | RSI 48, $113.32 | — | Flat month, lagging the group |
Key Discoveries
| Discovery | Implication |
|---|---|
| All 4 cloud ETFs have death crosses but RSIs at neutral (48-52) | Selling pressure exhausted but no reversal signal yet — classic basing pattern |
| IGV -18.4% vs SMA200 is the widest gap | Enterprise software hit hardest; deepest contrarian value if cloud spending recovers |
| SKYY +0.2% 30D vs CLOU/WCLD +4.5% | SKYY lagging — may have different composition exposure holding it back |
| No golden crosses in any cloud ETF | Sector-wide downtrend intact — patience required before allocation |
Mistakes (Don't Repeat)
| Mistake | Lesson |
|---|---|
| Don't assume neutral RSI = buy signal in a death cross regime | Need golden cross or SMA50 recapture for trend reversal confirmation |
Open Questions
- When do cloud ETFs form golden crosses? SMA50 still well above SMA200 in all four — long road to crossover.
- Is the 3M selloff (-15% to -22%) a buying opportunity or start of a larger rotation out of cloud?
- Why is SKYY lagging? Composition differences vs WCLD/CLOU worth investigating.
- Enterprise software spending cuts (IGV drag) — cyclical or structural?
Related
10 eventsNo direct external sources are attached to this read.