Cloud ETFs — July 24, 2026 Close
Cloud ETFs — July 24, 2026 Close
The whole four-name group cooled off together this week — WCLD gave back its momentum-leader status hard, RSI falling from 64.3 to 48.1 as its weekly change flipped from +2.75% to -6.73%, and IGV became the first name in this watchlist to fall into oversold territory (RSI 51.4→39.5). CLOU followed the same pattern (60.6→47.7), and SKYY extended its cooling for a second straight scan (50.5→43.4). No name in the group is showing constructive momentum this week.
Data as-of 2026-07-24 close. All numbers from precomputed summaries/cloud-etfs.json. Prior scan: 2026-07-17-cloud-etfs (2026-07-17, data as-of 2026-07-17 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 A synchronized cooling week — all four names in this small watchlist saw RSI drop and 7-day reads turn negative, with IGV the first to cross into oversold. |
| Key insight | WCLD's RSI fell from 64.3 to 48.1 in a week, the sharpest cooldown in the group, while IGV — already the weakest name — dropped into oversold territory for the first time in recent scans. |
What's Going On
With only four names in this universe, a synchronized move like this week's stands out. WCLD was last scan's clear momentum leader — RSI 64.3, 30-day change +17.73%, closing in on a 52-week high. This week that faded hard: RSI dropped to 48.1, the 7-day change flipped from +2.75% to -6.73%, and the 30-day change cooled from +17.73% to +10.04%. CLOU followed the same arc at a smaller scale, RSI falling from 60.6 to 47.7 as its 7-day read flipped negative too.
IGV, already the laggard on every absolute measure, crossed a real line this week: RSI fell from 51.4 into oversold territory at 39.5, and it's now -26.18% off its 52-week high, deeper than last scan's -21.35%. SKYY extended its cooling for a second straight scan — RSI down from 50.5 to 43.4, with the 7-day change staying negative (-2.63%→-3.04%).
There's no name in this group showing constructive near-term momentum right now. WCLD and CLOU are cooling from strength, not breaking down outright — both still carry constructive trend labels — but the direction across all four names this week is the same.
What Changed Since Prior Scan (2026-07-17 → 2026-07-24)
- WCLD cooled sharply: RSI 64.3→48.1, price $34.79→$32.45, 7D +2.75%→-6.73%, 30D +17.73%→+10.04% — the group's momentum leader lost the most ground.
- CLOU cooled: RSI 60.6→47.7, price $24.14→$23.07, 7D +1.64%→-4.43%, 30D +10.99%→+7.05%.
- IGV fell into oversold: RSI 51.4→39.5, price $92.80→$87.98, 7D +0.42%→-5.19%, now -26.18% from its high (was -21.35%).
- SKYY continued cooling: RSI 50.5→43.4, price $136.10→$131.96, 7D -2.63%→-3.04% — a second straight negative week.
How To Read The Board
With only four names in this universe, small moves matter more than in a larger scan. "Golden cross" (WCLD, CLOU, SKYY) means the 50-day average sits above the 200-day; this week's cooling in all three is a pullback within that structure, not a broken cross — yet. IGV's "death cross" plus its drop into oversold this week is the clearest weak read on this board. None of the four names shows a clean setup in either direction right now — this is a watch-and-wait scan, not an action one.
Price Table
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | Signal |
|---|---|---|---|---|---|---|---|
| WCLD | $32.45 | 48.1 | $33.52 | -3.2% | -6.73% | +10.04% | 🟡 Neutral |
| CLOU | $23.07 | 47.7 | $23.53 | -1.9% | -4.43% | +7.05% | 🟡 Neutral |
| SKYY | $131.96 | 43.4 | $136.08 | -3.0% | -3.04% | +2.23% | 🟡 Neutral |
| IGV | $87.98 | 39.5 | $91.95 | -4.3% | -5.19% | +2.10% | 🟢 Oversold |
Tier Analysis
Capitulation (RSI<25): None.
Oversold (25-40): IGV (39.5) — the first name in this watchlist to cross this line in recent scans, no basing evidence yet.
Neutral/Strong (40+): SKYY (43.4), CLOU (47.7), WCLD (48.1) — all three cooling from stronger reads last scan, none showing renewed strength.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| IGV | $87.98 | 39.5 | +2.10% | Newly oversold and still the weakest structure by every absolute measure; no basing evidence |
| WCLD, CLOU | $32.45 / $23.07 | 48.1 / 47.7 | +10.04% / +7.05% | Cooled hard from momentum-leader status; structure still intact but no fresh entry signal yet |
| SKYY | $131.96 | 43.4 | +2.23% | Second straight down week; watch for the 7D read to turn back positive |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔍 WATCH | IGV | Newly oversold this scan — confirm whether this is a real reversal starting or just a broader cool-off |
| 🔒 HOLD | WCLD, CLOU | Structure intact despite this week's cooling; no broken trend |
| 🔍 WATCH | SKYY | Second straight negative week, no clear signal yet |
What To Watch Next
| Watch | Why it matters |
|---|---|
| WCLD's cooldown | RSI dropped from 64.3 to 48.1 — confirm whether this is a healthy reset off a hot run or the start of a real rollover |
| IGV's next print | First name in this small group to cross into oversold — watch for basing evidence |
| SKYY's 7D read | Negative for a second straight scan now |
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-24 close — cloud-etfs.
Related
10 eventsNo direct external sources are attached to this read.