Cloud ETFs — September 4, 2026 Close
Cloud ETFs — September 4, 2026 Close
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.
Related
10 eventsNo direct external sources are attached to this read.