Cloud ETFs Scan

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Cloud ETFs Scan

Scan symbols 4
CLOUIGVSKYYWCLD
Watchlists 1
@cloud-etfs
raw scan snapshot — prices as of scan date, not live 31 rows · screens, not recommendations superseded by2026-04-26-cloud-etfsported fromresearch/classic/scans/_archive/2026-03-20-cloud-etfs.mdscan slugcloud-etfssource typescan-archive

All four cloud ETFs are in strong-down territory with death crosses, down 15–24% in 3 months — but a minor 30-day stabilization hints at a potential floor being tested.

Quick Snapshot

Signal Reading
Overall 🔴 BEARISH — Every cloud ETF in strong-down trend with death cross; 3M losses range -15% to -24%; sector has not found a bottom
Leaders CLOU ($19.66, RSI 48.7, +1.3% above SMA20 — the only name above SMA20)
Laggards IGV ($82.86, -20.6% below SMA200, -24.0% 3M, worst 3M performer), WCLD ($28.05, -17.0% below SMA200, -22.1% 3M)

Price Table (Validated 2026-03-20)

Stock Price RSI vs SMA20 7D% 30D% 3M% Trend
CLOU $19.66 48.7 +1.3% -0.1% +3.9% -15.0% strong-down
SKYY $111.44 44.3 -0.1% +0.2% 0.0% -16.4% strong-down
WCLD $28.05 44.2 -0.3% -0.9% +2.8% -22.1% strong-down
IGV $82.86 41.5 -1.3% -1.1% +2.6% -24.0% strong-down

Tier Analysis

All in Strong-Down — Ranked by Relative Strength

All four ETFs share the same structural profile: strong-down trend, death cross, well below SMA200. The key differentiation is 3M damage and RSI.

Rank ETF RSI vs SMA200 3M% % from 52wk High Assessment
1 CLOU 48.7 -11.8% -15.0% -19.2% Least damaged; broadest cloud exposure; above SMA20 — relative strength play
2 SKYY 44.3 -11.1% -16.4% -22.5% Similar to CLOU; large-cap tilt provides modest protection
3 WCLD 44.2 -17.0% -22.1% -24.4% Mid/small SaaS skew; more cyclical exposure in risk-off environment
4 IGV 41.5 -20.6% -24.0% -29.8% Worst 3M; largest-cap SaaS names weighted heavily; most expensive multiples getting hit

30D Stabilization Signal

All four ETFs are showing a minor 30D recovery (+2.6% to +3.9%) despite still being in strong-down trends. This suggests capitulation may be slowing — but no reversal confirmed.

ETF 30D% vs SMA20 Interpretation
CLOU +3.9% +1.3% (above) Best recovery signal — only ETF reclaiming SMA20
WCLD +2.8% -0.3% (just under) Trying to reclaim SMA20
IGV +2.6% -1.3% Minor bounce, still below SMA20
SKYY 0.0% -0.1% (essentially flat) Flatlined — not yet recovering

Entry Zones

Stock Zone RSI Action Notes
CLOU $18.50–$19.70 48.7 🔍 Watch Only ETF above SMA20; broadest exposure; best risk/reward if cloud turns
SKYY $108–$112 44.3 🔍 Watch Large-cap tilt = more defensive; wait for RSI > 50 or SMA20 reclaim for confirmation
WCLD $26–$28 44.2 🔍 Watch Mid/small SaaS — higher beta on any cloud recovery; wait for sector confirmation
IGV $80–$83 41.5 ⚠️ Caution Most damaged; largest SaaS multiples most at risk; not leading the recovery

Action Matrix

Action Stocks Why
🔍 WATCH CLOU, SKYY Early stabilization signals; best positioned if sector turns
🔍 WATCH WCLD Trying to reclaim SMA20; high beta on cloud recovery
⚠️ AVOID IGV Most damaged (-20.6% below SMA200); expensive multiples at risk; not leading
⏳ WAITING All No death cross reversal or golden cross signal yet; not in confirmed recovery

What Changed (vs 2026-03-12)

ETF Mar-12 Mar-20 Move Note
WCLD ~$28.86, -22.1% 3M $28.05, -22.1% 3M Sideways Minor bounce from lows but not recovering; same 3M damage
IGV ~$84.76, -24% 3M $82.86, -24.0% 3M Marginally lower Still bleeding; all 4 ETFs maintaining death cross structure
CLOU ~$19.67 $19.66, +3.9% 30D Stabilizing Nearly flat; 30D bounce starting; now above SMA20 — early positive signal
SKYY ~$111.17 $111.44 Flat 30D at essentially 0.0% — sector not moving
All Death cross Death cross No change No structural improvement; sector remains in bear market

Key Discoveries

Discovery Implication
CLOU is the only ETF above SMA20 First glimmer of relative strength; if sector turns, CLOU leads
30D bounce (+2.6% to +3.9%) on 3 of 4 ETFs Possible capitulation slowing; watch for follow-through above SMA50
IGV -20.6% below SMA200 vs CLOU -11.8% Valuation spread between large-cap SaaS (IGV) and broad cloud (CLOU) unprecedented

Open Questions

  • Is the 30D stabilization (+2.6–3.9%) the start of a real recovery or just a dead-cat bounce?
  • What's the catalyst for a cloud recovery — Fed language, AI spending data, or earnings?
  • At what RSI level does the sector historically bottom out? WCLD/IGV both in 41–44 range — not yet extreme.
10 events
DateTypeEvent
Mar 20 ScanETF Universe Scan Mar 24 ScanCloud ETFs Scan Mar 26 ScanCloud ETFs Mar 13 ScanCloud ETFs Mar 12 ScanCloud ETFs Scan Mar 12 ScanETF Universe Scan Mar 11 ScanETF Universe Scan Mar 11 ScanCloud ETFs Scan Mar 31 ScanETF Universe Mar 31 ScanCloud ETFs Scan

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