SKYY Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

First Trust Cloud Computing ETF (SKYY) Moving Averages Convergence Divergence (MACD) indicator is 0.02, suggesting SKYY is Strong buy.

First Trust Cloud Computing ETF (SKYY) 20-Day simple moving average is 134.25, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 60-Day simple moving average is 128.4, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

Technical Analysis for SKYY

Technical Sentiment Analysis for First Trust Cloud Computing ETF (SKYY). As of 2026-07-02, First Trust Cloud Computing ETF (SKYY) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SKYY stands at 53.08, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.02, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.91 and the Commodity Channel Index (CCI) at 21.01 further confirm a 2.94 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SKYY is trading above its 60-day moving average of $128.4 and above its 200-day long-term moving average of $126.46. Key price levels to watch include the immediate resistance at $137.79 and strong support at $125.35. A break above $137.79 could signal a bull continuation, while falling below $125.35 may test the next Fibonacci floor at $119.25.

First Trust Cloud Computing ETF (SKYY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	112.91	119.25	125.35	131.69	137.79	144.13	150.23
Fibonacci	119.25	124	126.93	131.69	136.44	139.37	144.13

First Trust Cloud Computing ETF (SKYY) Technical Indicators

2026-07-02

Name	Value
Relative Strength Index (RSI)	53.08
Stochastic Oscillator	73.91
Stochastic RSI	62.33
Commodity Channel Index (CCI)	21.01
Awesome Oscillator	-1.84
Momentum	2.94
MACD	0.02

First Trust Cloud Computing ETF (SKYY) Relative Strength Index (RSI) is 53.08, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Stochastic Oscillator is 73.91, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Stochastic RSI is 62.33, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Commodity Channel Index (CCI) is 21.01, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Awesome Oscillator is -1.84, creating a Sell signal.

First Trust Cloud Computing ETF (SKYY) Momentum is 2.94, creating a Buy signal.

First Trust Cloud Computing ETF (SKYY) MACD is 0.02, creating a Buy signal.

First Trust Cloud Computing ETF (SKYY) Moving Average

2026-07-02

Period	Simple	Signal
5-Day	133.64	Buy
10-Day	131.46	Buy
20-Day	134.25	Buy
60-Day	128.4	Buy
200-Day	126.46	Buy
250-Day	125.96	Buy

First Trust Cloud Computing ETF (SKYY) 5-Day simple moving average is 133.64, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 10-Day simple moving average is 131.46, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 20-Day simple moving average is 134.25, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 60-Day simple moving average is 128.4, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 200-Day simple moving average is 126.46, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

First Trust Cloud Computing ETF (SKYY) 250-Day simple moving average is 125.96, while First Trust Cloud Computing ETF (SKYY) share price is $134.86, making it Buy.

Name

Pivot Points

Classic

112.91

119.25

125.35

131.69

137.79

144.13

150.23

Fibonacci

119.25

124

126.93

131.69

136.44

139.37

144.13

Name

Value

Relative Strength Index (RSI)

53.08

Stochastic Oscillator

73.91

Stochastic RSI

62.33

Commodity Channel Index (CCI)

21.01

Awesome Oscillator

-1.84

Momentum

2.94

MACD

0.02

Period

Simple

Signal

5-Day

133.64

Buy

10-Day

131.46

Buy

20-Day

134.25

Buy

60-Day

128.4

Buy

200-Day

126.46

Buy

250-Day

125.96

Buy