Cloud ETFs
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Cloud ETFs
Watchlists 1
raw scan snapshot — prices as of scan date, not live 9 rows · screens, not recommendations superseded by2026-04-26-cloud-etfsported fromresearch/classic/scans/_archive/2026-03-13-cloud-etfs.mdscan slugcloud-etfssource typescan-archive
Cloud/SaaS ETFs uniformly weak: ALL four ETFs in strong-down trends with death crosses. IGV -20.1% 3M (worst performer, -28.6% from high). WCLD -18.4% 3M. SKYY -14.5% 3M. CLOU -12.4% 3M. Software/cloud sector in sustained bear market despite brief bounces above SMA20.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🔴 WEAK — All four cloud ETFs in strong-down trends with death crosses. Every name well below SMA50 and SMA200. Brief bounces above SMA20 but no sustained recovery. Software spending clearly under pressure. |
| Leaders | CLOU (RSI 49.6, least damaged at -12.4% 3M) |
| Laggards | IGV (RSI 45.1, -20.1% 3M, -28.6% from high), WCLD (-18.4% 3M, -23.8% from high) |
Price Table
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 3M% | Signal |
|---|---|---|---|---|---|---|---|---|
| IGV | $84.19 | 45.1 | $83.25 | +1.1% | -3.0% | +4.0% | -20.1% | 🔴 Death cross, strong-down, -28.6% from high |
| WCLD | $28.28 | 46.3 | $27.99 | +1.0% | -4.0% | +2.3% | -18.4% | 🔴 Death cross, strong-down, -23.8% from high |
| SKYY | $112.61 | 47.0 | $111.56 | +0.9% | -0.2% | +1.0% | -14.5% | 🔴 Death cross, strong-down, -22.3% from high |
| CLOU | $19.65 | 49.6 | $19.28 | +1.9% | -0.7% | +2.2% | -12.4% | 🔴 Death cross, strong-down, -19.2% from high |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔍 WATCH | IGV, WCLD | Most beaten down. Wait for death cross to resolve. |
| ⚠️ AVOID | SKYY, CLOU | Strong-down trends, no catalyst. |
What Changed
Bottom line: Cloud/SaaS ETFs are in a sustained bear market. All four have death crosses and strong-down trends. Brief bounces above SMA20 are not translating to trend reversal. IGV (-19.7% vs SMA200) and WCLD (-16.8% vs SMA200) are the most oversold relative to long-term averages.
The Gold
Key Discoveries:
- All four cloud ETFs have death crosses and strong-down trends — no subsector rotation within cloud
- IGV -28.6% from 52wk high is the deepest drawdown — software growth multiples compressing
- Brief bounces above SMA20 (all four currently above) suggest tactical buying but no trend reversal
Mistakes to Avoid:
- Don't bottom-fish cloud ETFs without trend confirmation
- Death crosses remain active across the board
Related
10 eventsNo direct external sources are attached to this read.