Cloud Etfs

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Cloud Etfs

Scan symbols 4
CLOUIGVSKYYWCLD
Watchlists 1
@cloud-etfs
raw scan snapshot — prices as of scan date, not live 12 rows · screens, not recommendations ported fromresearch/classic/scans/2026-04-13-cloud-etfs.md

Cloud ETFs — 2026-04-14

All four cloud ETFs in strong-down trend with death crosses. The whole basket is in freefall. Theo called the bottom — the data says he's early. WCLD down -23% in 3M, IGV -22%, CLOU -16%. RSIs approaching oversold but not yet capitulation territory. Wait for RSI < 30 before calling a floor.

Signal Reading
Overall 🔴 Breakdown — every cloud ETF in strong-down trend, all death crossed, none oversold enough to be actionable
Key insight WCLD RSI 38.5 getting close, but -31.6% from 52wk high and still falling. Theo's "bottom" call on BUG/HACK/IGV: verdict is TOO EARLY. Wait for RSI < 30 or a weekly close above SMA20.

Price Table

Stock Price 7D 30D 3M RSI 52wk Hi% vs SMA200 Status
WCLD $25.40 -13.1% -10.1% -23.4% 38.5 -31.6% -23.4% 🔴 Death Cross
CLOU $18.37 -10.8% -6.1% -16.1% 40.3 -24.5% -16.6% 🔴 Death Cross
IGV $78.70 -7.1% -7.4% -22.1% 43.5 -33.3% -23.1% 🔴 Death Cross
SKYY $109.42 -6.3% -2.8% -13.3% 47.5 -23.9% -12.3% 🔴 Death Cross

Tier Analysis

Weakest to least-weak (no "strong" names here):

  • WCLD ($25.40, RSI 38.5): The hardest hit. Pure-play cloud exposure, no large-cap ballast. -13.1% in a single week. Approaching oversold at RSI 38.5 but -23.4% below SMA200 — this is structural, not a dip. Last time WCLD hit RSI < 30 was a multi-month basing process.
  • CLOU ($18.37, RSI 40.3): Similar picture, slightly better RSI. -16.6% below SMA200. The 52-week high is 24.5% away. No catalyst to break this trend until rate outlook shifts or AI monetization shows up in cloud bookings.
  • IGV ($78.70, RSI 43.5): Broader software exposure than WCLD. Better large-cap diversification (MSFT, ORCL) but still -23.1% below SMA200. Theo's BUG/HACK/IGV bottom call: the RSI at 43 is not oversold. Not yet.
  • SKYY ($109.42, RSI 47.5): The "least bad" — least negative 30D and 3M, RSI closest to neutral. But still death cross, -12.3% below SMA200. This is the first one to watch when trend changes.

The Theo Bottom Call — Verdict

Theo called a bottom on BUG/HACK/IGV. Data check:

  • IGV RSI: 43.5 — not oversold, no reversal signal
  • BUG RSI: 41.9 — approaching oversold but still declining
  • HACK RSI: 45.7 — neutral, no signal
  • All three: death cross, below all three SMAs, negative 7D/30D momentum

Verdict: Too early. None of these ETFs are at capitulation levels. A genuine bottom signal would be RSI < 30 (ideally < 25) plus volume spike plus close back above SMA20. We're not there yet. Risk/reward doesn't favor a position.

Entry Zones

APPROACHING OVERSOLD — Watch, Don't Buy

ETF Current Zone RSI 30D Chg Action Notes
WCLD $25.40 $22-24 38.5 -10.1% ⏳ Waiting Set alert at RSI 28 — first into oversold
CLOU $18.37 $16-18 40.3 -6.1% ⏳ Waiting Alert at RSI 28
SKYY $109.42 $100-108 47.5 -2.8% 🔍 Watch Least damaged; first to watch if trend reverses

Action Matrix

Action ETFs Why
⏳ WAITING WCLD, CLOU RSI approaching oversold — set alerts, don't buy yet
🔍 WATCH SKYY Best positioned for a turn; closest to neutral
❌ DON'T BUY IGV, BUG, HACK Theo called the bottom — data disagrees. Wait for RSI < 30.
10 events
DateTypeEvent
Apr 10 ScanCloud ETFs Scan Apr 3 ScanCloud ETFs Scan Apr 26 ScanCloud ETFs Scan Apr 26 ScanETF Universe Mar 31 ScanETF Universe Mar 31 ScanCloud ETFs Scan Apr 28 ScanETF Universe Scan Apr 28 ScanCloud ETFs Scan Mar 26 ScanCloud ETFs Mar 24 ScanCloud ETFs Scan

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