Cloud ETFs Scan

Scan

Cloud ETFs Scan

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/2026-05-29-cloud-etfs.md

All 4 cloud ETFs ripping in lockstep — SKYY RSI 80.1 at 52-week high; IGV RSI 76.4; CLOU/WCLD RSI 71+; 20-22% 30D gains across the board — no entry, pure momentum.

Quick Snapshot

Signal Reading
Overall 🔴 Overbought — cloud ETF basket has run 20-22% in 30 days; all names extended 10-18% above SMA20; SKYY/IGV at RSI 75-80
Key insight SKYY at RSI 80.1 near 52-week high (-0.07%) and CLOU near ATH (-0.21%) — the AI/SaaS re-rating is real but extended; risk/reward tilts negative for new entries

Price Table

Stock Price RSI vs SMA20 7D% 30D% 3M% 52wkHi% Trend Signal
SKYY $144.57 80.1 ↑ +11.2% +2.29% +21.72% +30.93% -0.07% up ⚠️ Avoid
IGV $101.66 76.4 ↑ +10.9% +2.51% +21.15% +22.82% -13.84% up ⚠️ Avoid
CLOU $24.27 71.2 ↑ +8.2% +1.01% +21.53% +28.28% -0.21% up ⚠️ Avoid
WCLD $32.95 70.3 ↑ +11.7% +2.04% +21.59% +18.78% -11.22% up ⚠️ Avoid

Tier Analysis

All Overbought (RSI 70+): The entire cloud ETF basket crossed into overbought territory simultaneously. This is a macro re-rating — AI demand, SaaS re-rating, or risk-on rotation pulling the whole basket. The move is real but aggressive:

  • SKYY (RSI 80.1): Pure-play cloud first-gen ETF at 52-week high; +31% 3M. Death cross but momentum overwhelmed it. Extreme — not chasing.
  • IGV (RSI 76.4): iShares software giants — +22.8% 3M, +10.9% above SMA20. Also has a death cross technically, but price action invalidated it.
  • CLOU (RSI 71.2): Global cloud pure-play near 52-week high (-0.21%). +28.3% 3M. Highest beta to AI SaaS names.
  • WCLD (RSI 70.3): Weaker 1Y (-8%) suggesting some laggards dragging, but still +18.8% 3M.

None in entry zone. Wait for a pullback to SMA20 — 8-12% decline would bring all names back to reasonable entry.

Pullback targets:

  • SKYY: ~$128-130 (vs SMA20 ~$130)
  • IGV: ~$91-92 (vs SMA20 ~$91.67)
  • CLOU: ~$22-22.50 (vs SMA20 ~$22.43)
  • WCLD: ~$29-29.50 (vs SMA20 ~$29.49)

Entry Zones

Stock Price RSI SMA20 Entry Zone Setup
SKYY $144.57 80.1 $130.06 ~$128-132 Wait for SMA20 retest; -9-11% from current
IGV $101.66 76.4 $91.67 ~$90-93 SMA20 + SMA200 confluence; -9-11%
CLOU $24.27 71.2 $22.43 ~$22-23 Near ATH; SMA20 retest = -7-8%
WCLD $32.95 70.3 $29.49 ~$29-30 SMA20 retest = -10% pullback

Action Matrix

Action Stocks Why
⚠️ AVOID SKYY, IGV, CLOU, WCLD All RSI 70-80, 10-12% above SMA20 — extended
⏳ WAITING All 4 Set alerts for SMA20 retests — 8-12% pullbacks

What Changed

  • Massive 30D run — all 4 ETFs +21-22% in 30 days, largest single-month move in this scan's history
  • SKYY/CLOU near ATH — both within 0.1-0.2% of 52-week highs; momentum is real
  • Death crosses technically present on SKYY/IGV/WCLD/CLOU but rendered irrelevant by the magnitude of the rally — note for re-entry after cooldown
  • No oversold names anywhere in the basket — stark contrast to prior tapes where at least one lagged
  • Watch for distribution — 2% 7D gains suggest momentum is slowing even as 30D runs are extreme; first sign of rollover = reduce exposure
10 events
DateTypeEvent
May 29 ScanETF Universe Scan Jun 16 ScanCloud ETFs Scan Jun 20 ScanCloud ETFs Scan Jun 25 ScanCloud ETFs Scan Jun 26 ScanCloud ETFs Apr 28 ScanETF Universe Scan Apr 28 ScanCloud ETFs Scan Apr 26 ScanCloud ETFs Scan Apr 26 ScanETF Universe Jul 7 ScanCloud ETFs

No direct external sources are attached to this read.