Cloud ETFs Scan
Cloud ETFs Scan
All four cloud ETFs in mid-range RSI 46-51 after recent pullbacks; SKYY strongest (+19.2% 3M, golden cross) while IGV lags (-1.6% 30D, -22.6% from 52wk high) — sector basing but not yet in capitulation.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 Neutral basing — cloud ETFs consolidating below SMA20 after 3M recovery; no names in oversold entry zone |
| Key insight | SKYY is the sector leader (golden cross, +7% vs SMA200, +19.2% 3M at -13.1% from 52wk high); IGV is the laggard (-6.9% vs SMA200, death cross, -22.6% from high) — same sector, very different trend profiles |
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi% | Signal |
|---|---|---|---|---|---|---|---|---|
| SKYY | $135.32 | 50.8 | -1.9% | -1.34% | +4.66% | +19.24% | -13.12% | 🔍 Watch |
| CLOU | $22.64 | 47.7 | -3.5% | -1.33% | -0.13% | +14.00% | -14.37% | 🔍 Watch |
| WCLD | $30.40 | 48.2 | -3.2% | -1.94% | +3.09% | +6.26% | -17.79% | 🔍 Watch |
| IGV | $91.37 | 45.9 | -4.3% | -1.90% | -1.59% | +6.85% | -22.56% | 🔍 Watch |
Tier Analysis
Neutral (RSI 44-52): All four ETFs are clustering in the 46-51 RSI range — this is mid-range basing territory, not oversold. The consistent pattern: all four pulled back from SMA20 over the past week (all sitting -1.9% to -4.3% below SMA20), suggesting a short-term consolidation after a 3M recovery push.
Trend Divergence:
- SKYY (RSI 50.8): The leader — golden cross, +7% vs SMA200, +19.2% 3M. Only -13.1% from 52wk high. Strong-up trend classification. The "buy" ETF if you want cloud exposure now.
- CLOU (RSI 47.7): Middle pack — +3.6% vs SMA200, up trend, +14% 3M. -14.4% from 52wk high. Death cross is a caution flag.
- WCLD (RSI 48.2): Weak-up trend — -4.6% vs SMA200, death cross, +6.3% 3M. -17.8% from 52wk high. Lagging.
- IGV (RSI 45.9): The laggard — -6.9% vs SMA200, death cross, only +6.9% 3M and -1.6% 30D. -22.6% from 52wk high. No sign of recovery leadership.
No Oversold Entries Today: None of the ETFs are in the RSI <40 zone where the cloud sector has historically offered strong entry setups. Previous scan cycles saw cloud ETFs reach RSI 20-30 (full capitulation); current RSI 46-52 is mid-range.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| SKYY | $135.32 | 50.8 | +4.66% | Strongest of the four; golden cross, strong-up. Entry on any pullback to SMA20 ($138) — watch for RSI <45 |
| WCLD | $30.40 | 48.2 | +3.09% | Better entry than IGV at this range; wait for RSI <40 |
| IGV | $91.37 | 45.9 | -1.59% | Lowest RSI in the group but worst trend; only enter on capitulation (RSI <35) |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔍 WATCH | SKYY | Leader with golden cross — best entry on RSI pullback to 40-45 |
| 🔍 WATCH | CLOU, WCLD | Mid-tier; accumulate on deeper pullback (RSI <40) |
| ⏳ WAITING | IGV | Worst trend in group; wait for RSI <35 capitulation before considering |
What Changed
- All four ETFs pulled back from SMA20 — 7D returns are -1.3% to -1.9% as the sector consolidates after 3M recovery
- SKYY remains the leader — maintained golden cross while peers show death cross; +19.2% 3M is nearly 3x IGV's 3M return
- IGV continues to underperform — only ETF with negative 30D return (-1.6%); -22.6% from 52wk high vs SKYY's -13.1%
- No capitulation signals — RSI 46-52 across all four means this is consolidation, not panic entry. Previous playbook called for RSI <30 for aggressive cloud ETF buys; we're not there
Related
10 eventsNo direct external sources are attached to this read.