Cloud ETFs — August 28, 2026 Close
Cloud ETFs — August 28, 2026 Close
All four names reaccelerated together this week after last scan's group-wide cooling, and every 30-day change now sits above 15% — WCLD leads at RSI 69.7, a hair under the overbought line, up 5.53% on the week alone. IGV posted the group's biggest RSI jump (60.5→68.1) and its trailing one-year return crossed positive for the first time in this stretch (+0.38%, from -2.44%), though it still trails the broader market meaningfully.
Data as-of 2026-08-28 close. All numbers from precomputed summaries/cloud-etfs.json. Prior scan: 2026-08-22-cloud-etfs (2026-08-22, data as-of 2026-08-21 close) — the summary's own 7-day window runs 2026-08-21 to 2026-08-28, so the comparisons below line up exactly with that prior scan.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟠 The whole board reaccelerated toward overbought — WCLD sits just under the line at 69.7 — while every name remains in a clearly intact, well-above-200-day uptrend. |
| Key insight | IGV's trailing one-year return turned positive for the first time in this stretch (+0.38%), closing the structural gap that made it the group's laggard last scan — though it still lags the broader market by a wide margin (alpha1y -19.5). |
What's Going On
WCLD led the group's reacceleration: RSI climbed from 65.1 to 69.7, price from $40.69 to $42.93, and the week alone added 5.53% after last scan's brief flat stretch. WCLD remains 34.5% above its 200-day average with a positive trailing year (+19.62%), though alpha1y is essentially flat (-0.26) — a healthy technical picture that's now sitting right at the door of overbought.
IGV had the biggest single-scan RSI move in the group, climbing from 60.5 to 68.1 as price rose from $103.37 to $109.50 (week +5.85%). More notably, IGV's trailing one-year return crossed into positive territory for the first time in this stretch — +0.38%, up from -2.44% last scan — closing the structural gap that made it the sole laggard in the group. It's still comfortably above its 200-day (+16.9%), though alpha1y remains deeply negative (-19.5), meaning it's still meaningfully behind the broader market even with the improvement.
CLOU and SKYY both reaccelerated in step with the group. CLOU's RSI rose from 64.3 to 66.7 (week +2.89%, 30-day change easing slightly to +16.48% from +21.06%), while SKYY's RSI climbed from 64.5 to 65.7 (week +2.41%, 30-day change easing to +19.18% from +21.05%). Both remain well above their 200-day averages (CLOU +29.5%, SKYY +28.2%) with strong trailing-year returns (CLOU +25.94%, SKYY +28.03%, the group's strongest) — this is a continuation of intact, extending trends rather than any kind of reversal.
What Changed Since Prior Scan (2026-08-21 close → 2026-08-28 close)
- WCLD reaccelerated: RSI 65.1→69.7, price $40.69→$42.93, 7D -0.17%→+5.53%, 30D +26.17%→+21.07%.
- IGV posted the group's biggest RSI jump and its trailing year turned positive: RSI 60.5→68.1, price $103.37→$109.50, 7D -0.76%→+5.85%, 30D +16.12%→+18.54%.
- CLOU reaccelerated: RSI 64.3→66.7, price $28.05→$28.84, 7D -1.23%→+2.89%, 30D +21.06%→+16.48%.
- SKYY reaccelerated: RSI 64.5→65.7, price $161.23→$165.14, 7D -2.48%→+2.41%, 30D +21.05%→+19.18%.
How To Read The Board
All four names carry a golden cross (the 50-day average sits above the 200-day), consistent with a group that reaccelerated together after last scan's uniform RSI cooling. No name has crossed into overbought (RSI 70+) yet, though WCLD is close. The one structural divergence worth tracking closed this scan: IGV's trailing one-year return turned positive, meaning all four names now sit above their 200-day with positive trailing-year returns — the cleanest "board fully aligned" read in this stretch, even though IGV still trails the broader market by a wide margin on alpha.
Price Table
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | Signal |
|---|---|---|---|---|---|---|---|
| WCLD | $42.93 | 69.7 | $39.96 | +7.4% | +5.53% | +21.07% | 🟡 Neutral |
| IGV | $109.50 | 68.1 | $103.19 | +6.1% | +5.85% | +18.54% | 🟡 Neutral |
| CLOU | $28.84 | 66.7 | $27.69 | +4.1% | +2.89% | +16.48% | 🟡 Neutral |
| SKYY | $165.14 | 65.7 | $159.75 | +3.4% | +2.41% | +19.18% | 🟡 Neutral |
Tier Analysis
Capitulation (RSI<25): None.
Oversold (25-40): None.
Neutral/Strong (40+): All four names, spanning SKYY (65.7) to WCLD (69.7) — the group closest to overbought in this stretch, though none has crossed the line yet.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| WCLD | $42.93 | 69.7 | +21.07% | Right at the overbought threshold after reaccelerating this week; still an intact uptrend 34.5% above its 200-day |
| IGV | $109.50 | 68.1 | +18.54% | Biggest RSI jump in the group; trailing one-year return crossed positive for the first time in this stretch |
| CLOU | $28.84 | 66.7 | +16.48% | Reaccelerated alongside the group; comfortably above its 200-day (+29.5%) with a strong trailing year |
| SKYY | $165.14 | 65.7 | +19.18% | Group's strongest one-year performer (+28.03%), 28.2% above its 200-day |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | WCLD, IGV, CLOU, SKYY | All reaccelerated inside intact, well-above-200-day uptrends with positive trailing-year returns; none has crossed into overbought yet |
| 🔍 WATCH | WCLD | Closest to the overbought line (69.7) — confirm whether the next print crosses it |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether WCLD crosses into overbought (RSI 70+) | Sits right at the threshold after this week's move |
| IGV's trailing one-year return | Just turned positive for the first time in this stretch; confirm it holds |
| Whether the group's reacceleration continues | First scan since the cooling stretch with every name gaining ground |
| CLOU and SKYY's 30-day windows | Both still extending in the high teens even as they cooled slightly from last scan's peak |
Sources
- Tape data (price/RSI/SMA/returns/long-horizon): full-scan pre-computed summaries as of the 2026-08-28 close — cloud-etfs.
Related
10 eventsNo direct external sources are attached to this read.