Cloud ETFs — July 10, 2026 Close
Cloud ETFs — July 10, 2026 Close
CLOU and SKYY both finally reclaimed positive 30-day momentum (-0.7%→+4.4% and -1.7%→+4.48%) — the "legacy signal, not active strength" caveat on their golden crosses from last scan no longer applies. WCLD cooled from its near-overbought RSI 67.5 to 62.1 with the week flat at 0%, but its 30D read actually improved to +10.4%, still the group's best momentum print. IGV remains the clear laggard — RSI fell further to 51.8 and it's now -21.68% off its high, worse than the -19.7% read last scan.
Data as-of 2026-07-10 close. All numbers from precomputed summaries/cloud-etfs.json. Prior scan: 2026-07-07-cloud-etfs (2026-07-07, data as-of 2026-07-06 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 The two golden-cross ETFs (CLOU, SKYY) confirmed their structure with real momentum this week — the four-name group is in better shape than last scan, except IGV. |
| Key insight | CLOU and SKYY's "legacy golden cross" caveat from 07-07 is resolved — both are up mid-single-digits on 30D now, an actual reclaim of momentum, not just leftover cross status. |
What's Going On
Only four names in this watchlist, and three of them improved. CLOU and SKYY both flipped their 30-day reads from negative to positive (+4.4% and +4.48%, respectively) while holding their golden crosses — last scan's read that the crosses were "more legacy signal than active strength" no longer holds; both ETFs are now confirming their structure with real price action. WCLD, the prior scan's momentum leader at RSI 67.5, cooled off to 62.1 with a flat week (0% 7D), but its 30-day change actually improved to +10.4% from +7.2% — it remains the group's best momentum print even after backing off its near-overbought reading. IGV is the one name that got worse: RSI fell from 58.5 to 51.8 and it's now -21.68% from its 52-week high, a bit further out than the -19.7% read last scan, with no offsetting momentum anywhere in its numbers.
What Changed Since Prior Scan (2026-07-07 → 2026-07-10)
- CLOU: 30D flipped from -0.7% to +4.4%, RSI 58.0→59.0 — golden cross now backed by real momentum.
- SKYY: 30D flipped from -1.7% to +4.48%, RSI 57.4→59.0 — same reclaim as CLOU.
- WCLD: RSI cooled 67.5→62.1 (was approaching overbought), 7D flat at 0% (was +5.4%), but 30D improved to +10.4% (was +7.2%) — still the group's momentum leader.
- IGV: RSI fell 58.5→51.8, now -21.68% from its 52-week high (was -19.7%) — the laggard got weaker, not better.
How To Read The Board
With only four names in this universe, small moves matter more than in a larger scan. "Golden cross" (CLOU, SKYY) means the 50-day average sits above the 200-day, but a golden cross with a negative 30D print — as CLOU and SKYY carried last scan — is a weaker signal than one confirmed by actual momentum, which is what changed this week. WCLD's death cross paired with the group's best 30D number is the opposite pattern: don't read the cross alone as bearish when the price action says otherwise. IGV's weak-up trend plus a widening gap from its 52-week high is the cleanest "avoid" signal on this board.
Price Table
| Stock | Price | RSI | 7D | 30D | vs SMA20 | Trend | From 52wk Hi |
|---|---|---|---|---|---|---|---|
| WCLD | $33.86 | 62.1 | 0.00% | +10.40% | +7.5% | up | -8.44% |
| SKYY | $139.77 | 59.0 | +2.16% | +4.48% | +4.2% | strong-up | -10.27% |
| CLOU | $23.75 | 59.0 | +2.19% | +4.40% | +4.8% | strong-up | -10.16% |
| IGV | $92.41 | 51.8 | -2.32% | +1.66% | +2.0% | weak-up | -21.68% |
Tier Analysis
MOMENTUM LEADER, COOLING: WCLD ($33.86, RSI 62.1, up, -8.44% from high) pulled back from near-overbought (RSI 67.5) with a flat week, but its 30D read is still the group's best at +10.4%.
GOLDEN CROSS CONFIRMED: CLOU ($23.75, RSI 59.0, golden cross, -10.16% from high) and SKYY ($139.77, RSI 59.0, golden cross, -10.27% from high) both flipped their 30D reads positive this window — the crosses are now backed by actual momentum, not just legacy structure.
LAGGARD: IGV ($92.41, RSI 51.8, weak-up, death cross, -21.68% from high) remains the weakest name on every measure and moved further from its high, not closer.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| WCLD | $33.86 | 62.1 | +10.40% | Track; RSI cooled off overbought but still the group's momentum leader |
| CLOU, SKYY | $23.75 / $139.77 | 59.0 / 59.0 | +4.40% / +4.48% | Golden crosses now confirmed by real 30D momentum; the cleanest setups in the group |
| IGV | $92.41 | 51.8 | +1.66% | Avoid; weakest structure, moving further from its high |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | CLOU, SKYY | Golden cross, confirmed 30D momentum |
| 📈 ACCUMULATE | WCLD | Still the best momentum print despite cooling off overbought |
| ⚠️ AVOID | IGV | Weak-up, death cross, moving further from its 52-week high |
What To Watch Next
| Watch | Why it matters |
|---|---|
| WCLD's RSI | If it reclaims 65+, the group's leadership story reasserts; if it keeps sliding, momentum is rotating to CLOU/SKYY |
| IGV's death cross | No sign of resolving; another scan without improvement would confirm it as the clear sector laggard |
| CLOU/SKYY follow-through | One more week of positive 30D would fully retire last scan's "legacy signal" caveat |
Related
10 eventsNo direct external sources are attached to this read.