Cloud ETFs — September 4, 2026 Close

Scan

Cloud ETFs — September 4, 2026 Close

Scan symbols 4
Watchlists 1
raw scan snapshot — prices as of scan date, not live 16 rows · screens, not recommendations prior scanresearch/scans/2026-08-28-cloud-etfs.md

All four names cooled together this week after last scan's push toward overbought — WCLD's RSI fell from 69.7 to 54.5 and the 30-day change eased from +21.07% to +6.6%, and none of the four posted a positive day at Friday's close. IGV's trailing one-year return flipped back negative (-2.12%, from +0.38% last scan) after briefly crossing positive — the improvement flagged last time didn't hold. All four names remain above their 200-day averages, so this reads as a pullback inside an intact group of uptrends rather than a reversal.

Data as-of 2026-09-04 close. All numbers from precomputed summaries/cloud-etfs.json. Prior scan: 2026-08-28-cloud-etfs (2026-08-28, data as-of 2026-08-28 close) — the summary's own 7-day window runs 2026-08-28 to 2026-09-04, so the comparisons below line up exactly with that prior scan.

Quick Snapshot

Signal Reading
Overall 🟡 A group-wide cooling from last scan's near-overbought stretch — every RSI eased 10+ points and every name closed lower on the day — but all four remain above their 200-day averages, so the pullback sits inside an intact trend, not a break of one.
Key insight IGV's trailing one-year return turned positive for one scan and has now flipped back to -2.12% — the "board fully aligned" read from last scan didn't hold, and IGV remains the group's clear structural laggard on alpha (-20.78).

What's Going On

WCLD led the group's cooling: RSI fell from 69.7 to 54.5, price from $42.93 to $40.72, and the week flipped from +5.53% to -5.1% after brushing the overbought line last scan. The 30-day change eased sharply to +6.6% from +21.07%. WCLD remains 26.9% above its 200-day average with a trailing year of +16.54% (alpha1y -2.11, roughly matching the broader market) — a healthy pullback after an extended run, not a reversal.

IGV cooled the same way — RSI 68.1→53.6, price $109.50→$104.57, week +5.85%→-4.4%, 30-day +18.54%→+3.22% — but the more notable change is on the long horizon: its trailing one-year return, which crossed positive for the first time last scan (+0.38%), flipped back negative this scan (-2.12%). IGV is still 11.7% above its 200-day, but alpha1y remains deeply negative (-20.78) — the structural gap that closed briefly last scan reopened.

CLOU and SKYY cooled in step with the group. CLOU's RSI fell from 66.7 to 53.9 (week +2.89%→-3.74%, 30-day easing to +3.54% from +16.48%) on notably light volume (relative volume 0.30, the lightest print on the board), while SKYY's RSI dropped from 65.7 to 56.3 (week +2.41%→-2.21%, 30-day easing to +5.26% from +19.18%). Both remain well above their 200-day averages (CLOU +24.2%, SKYY +24.7%) with strong trailing-year returns (CLOU +23.51%, SKYY +26.45%, the group's strongest) — this reads as a pause inside intact, extending trends rather than any kind of reversal.

What Changed Since Prior Scan (2026-08-28 close → 2026-09-04 close)

  • WCLD cooled from near-overbought: RSI 69.7→54.5, price $42.93→$40.72, 7D +5.53%→-5.1%, 30D +21.07%→+6.6%.
  • IGV cooled and its trailing year flipped back negative: RSI 68.1→53.6, price $109.50→$104.57, 7D +5.85%→-4.4%, 30D +18.54%→+3.22%.
  • CLOU cooled on notably light volume: RSI 66.7→53.9, price $28.84→$27.79, 7D +2.89%→-3.74%, 30D +16.48%→+3.54%.
  • SKYY cooled: RSI 65.7→56.3, price $165.14→$161.56, 7D +2.41%→-2.21%, 30D +19.18%→+5.26%.

How To Read The Board

All four names carry a golden cross (the 50-day average sits above the 200-day) and all four sit above their 200-day average, so this scan's cooling is a pullback inside an intact group of trends rather than a break of one — none of the RSI readings dropped below 50, let alone into oversold territory. IGV is the one name to keep an eye on: it's the only member whose trailing one-year return is negative (-2.12%) and whose alpha1y is the group's worst (-20.78) by a wide margin, meaning it's riding the same 200-day cushion as the others without the same longer-term support underneath it. WCLD, CLOU, and SKYY all carry positive trailing-year returns and comfortable 200-day cushions (24%-27%), making their pullbacks the cleaner "deep uptrend cooling off" case.

Price Table

Stock Price RSI SMA20 vs SMA 7D% 30D% Signal
SKYY $161.56 56.3 $162.21 -0.4% -2.21% +5.26% 🟡 Neutral
WCLD $40.72 54.5 $40.93 -0.5% -5.1% +6.6% 🟡 Neutral
CLOU $27.79 53.9 $28.07 -1.0% -3.74% +3.54% 🟡 Neutral
IGV $104.57 53.6 $104.60 0.0% -4.4% +3.22% 🟡 Neutral

Tier Analysis

Capitulation (RSI<25): None.

Oversold (25-40): None.

Neutral/Strong (40+): All four names, spanning IGV (53.6) to SKYY (56.3) — a much calmer cluster than last scan's 65.7-69.7 range.

Entry Zones

Stock Price RSI 30D% Setup
WCLD $40.72 54.5 +6.6% Cooled from near-overbought; still an intact uptrend 26.9% above its 200-day, roughly matching the broader market on alpha
IGV $104.57 53.6 +3.22% Trailing one-year return flipped back negative after one scan positive; still 11.7% above its 200-day but the group's clear laggard on alpha (-20.78)
CLOU $27.79 53.9 +3.54% Cooled on the lightest relative volume in the group (0.30); comfortably above its 200-day (+24.2%) with a strong trailing year
SKYY $161.56 56.3 +5.26% Group's strongest one-year performer (+26.45%), 24.7% above its 200-day

Action Matrix

Action Stocks Why
🔒 HOLD WCLD, CLOU, SKYY All cooled inside intact, well-above-200-day uptrends with positive trailing-year returns; no long-horizon flags
🔍 WATCH IGV Trailing one-year return flipped back negative after briefly turning positive; the group's structural laggard on alpha

What To Watch Next

Watch Why it matters
IGV's trailing one-year return Flipped back to -2.12% after one scan positive; confirm whether it's a durable laggard or noise around the flat line
Whether the group's cooling extends or stabilizes First scan since last week's push toward overbought where every name closed lower
CLOU's light-volume pullback Relative volume of 0.30 is the lightest on the board — a low-conviction move worth confirming with the next session
Whether WCLD holds its 26.9% 200-day cushion Cooled the hardest on RSI (69.7→54.5) of the four

Sources

  • Tape data (price/RSI/SMA/returns/long-horizon): full-scan pre-computed summaries as of the 2026-09-04 close — cloud-etfs.
10 events

No direct external sources are attached to this read.