Cloud ETFs Scan — October 2, 2026 Close
Cloud ETFs Scan — October 2, 2026 Close
All four cloud-software ETFs rose over the week — +2.38% (WCLD), +2.28% (IGV), +2.10% (SKYY), +1.48% (CLOU) — and all four sit above their 200-day averages, though IGV's trailing year is still -6.30%. RSI ranges from 55 to 60.9: healthy, none extended.
Data as-of the 2026-10-02 close (settled, Friday). The prior scan was the September 25 edition; the seven-day column below runs from that close to this one, so it is the change since the last scan.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 Green: 4 of 4 up on the week, all 4 above their 200-day averages, no RSI extreme. |
| Leaders | WCLD (+2.38%), IGV (+2.28%), SKYY (+2.10%) |
| Laggards | CLOU (+1.48%), SKYY (+2.10%), IGV (+2.28%) |
| Caveat | Price and RSI come from the desk's pre-computed summaries only. Company-specific causes are named only where a dated capture exists; every other move is left as cause unknown. |
What's Going On
The cloud complex is in an intact long trend. SKYY and CLOU are the strongest by trend (1Y +23.81% and +22.86%, +26.6% and +25.8% versus 200-day) and sit within about 2% of their 52-week highs (-1.03% and -1.91%). WCLD has a similar 200-day cushion (+26.3%) with 1Y +17.23% but is further off its high (-5.28%). IGV is the laggard on the longer view: 1Y -6.30%, 200-day cushion +15.8%, and -7.92% from its high.
The daily tape was mixed — WCLD (-0.60%) and CLOU (-0.66%) slipped on October 2 while SKYY (+0.71%) rose — so the week's gain was made earlier. No dated cause for the week's rally is in the corpus: cause unknown. These are index funds, so ticker-level news pulls do not apply; the October 1-2 article and X captures (re-checked 2026-10-03, after the October 2 captures landed) and stock-events were searched for the funds and the sector and returned nothing.
What Changed Since Prior Scan
Since the September 25 scan: 4 names up, 0 down. Biggest decliners were CLOU, SKYY, IGV; biggest gainers WCLD, IGV, SKYY. Names with RSI under 30: none.
How To Read The Board
This is a price-and-momentum screen: it shows where each name sits on the tape, not why. RSI below 30 is a washout, 70 and above is extended. The long-trend columns matter more than the week: a name above its 200-day average with a positive trailing year is in an intact trend however ugly its week; a name below it with a negative trailing year is the one actually under test. Status icons follow that rule, and no insider or fundamentals data is included here.
Price Table
As of 2026-10-02.
| Stock | Price | RSI | SMA20 | vs SMA20 | 7D | 30D | 1Y | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|---|
| WCLD | 41.24 | 55 | 40.51 | 1.8 | 2.38 | 0.71 | 17.23 | 26.3 | 🟢 Healthy |
| IGV | 108.43 | 59.1 | 105.4 | 2.9 | 2.28 | 4.84 | -6.3 | 15.8 | 🟢 Healthy |
| SKYY | 168.14 | 60.9 | 163.34 | 2.9 | 2.1 | 5.54 | 23.81 | 26.6 | 🟢 Healthy |
| CLOU | 28.81 | 56.9 | 28.21 | 2.1 | 1.48 | 4.99 | 22.86 | 25.8 | 🟢 Healthy |
Tier Analysis
Capitulation (RSI under 25)
No names in this tier.
Oversold / weak (RSI 25-40)
No names in this tier.
Neutral to strong (RSI 40+)
| Stock | RSI | 1Y | vs SMA200 | Read |
|---|---|---|---|---|
| WCLD | 55 | 17.23 | 26.3 | Intact long trend, pullback |
| CLOU | 56.9 | 22.86 | 25.8 | Intact long trend, pullback |
| IGV | 59.1 | -6.3 | 15.8 | Mixed long trend |
| SKYY | 60.9 | 23.81 | 26.6 | Intact long trend, pullback |
Entry Zones
No price targets are set here; the reference levels are the 20-day and 50-day averages and the 52-week high gap, all from the summaries.
| Stock | SMA20 | SMA50 | From 52wk high | Thesis |
|---|---|---|---|---|
| WCLD | 40.51 | 39.69 | -5.28 | Trend intact; a flag entry needs the pullback to hold above the 50-day |
| IGV | 105.4 | 102.98 | -7.92 | Mixed; wait for a base |
| SKYY | 163.34 | 158.77 | -1.03 | Trend intact; a flag entry needs the pullback to hold above the 50-day |
| CLOU | 28.21 | 27.53 | -1.91 | Trend intact; a flag entry needs the pullback to hold above the 50-day |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| WCLD | 🟢 Healthy | 🔒 Hold | Fund; no ticker-level news applies. |
| IGV | 🟢 Healthy | 🔍 Watch | Fund; no ticker-level news applies. |
| SKYY | 🟢 Healthy | 🔒 Hold | Fund; no ticker-level news applies. |
| CLOU | 🟢 Healthy | 🔒 Hold | Fund; no ticker-level news applies. |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether CLOU stabilises | Weakest seven-day move on the board (+1.48%), RSI 56.9, +25.8% versus its 200-day average. |
| Whether WCLD extends | Strongest seven-day move (+2.38%), RSI 55. |
Sources
- Tape data (price, RSI, averages, returns, long-horizon fields): pre-computed summary, 2026-10-02 close — cloud-etfs.
- News check for names whose moves are called cause unknown: WCLD fetched 2026-04-29; IGV fetched 2026-06-21; CLOU fetched 2026-07-07; SKYY fetched 2026-04-29. Every pull returned zero dated items; "no items" in a pull is not proof of no cause.
research/stock-events/checked for 2026-10-01 and 2026-10-02: only the Nike earnings record applies to this universe (NKE; other 10-01 events are ACN and VYLR, not on these boards). Capture articles for 2026-10-01 and 2026-10-02 were searched by company name; only the Nike CNBC item matched, and a re-check on 2026-10-03, after the October 2 article and X captures landed, found nothing on these names.
Related
9 eventsNo direct external sources are attached to this read.