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 -0.13, suggesting SKYY is Neutral.

First Trust Cloud Computing ETF (SKYY) 20-Day simple moving average is 110.44, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

First Trust Cloud Computing ETF (SKYY) 60-Day simple moving average is 113.13, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

Technical Analysis for SKYY

Technical Sentiment Analysis for First Trust Cloud Computing ETF (SKYY). As of 2026-04-16, First Trust Cloud Computing ETF (SKYY) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 8 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SKYY stands at 59.83, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.13, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 74.08 and the Commodity Channel Index (CCI) at 171.52 further confirm a 6.3 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SKYY is trading below its 60-day moving average of $113.13 and below its 200-day long-term moving average of $124.62. Key price levels to watch include the immediate resistance at $117.16 and strong support at $104. A break above $117.16 could signal a bull continuation, while falling below $104 may test the next Fibonacci floor at $97.3.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	90.84	97.3	104	110.46	117.16	123.62	130.32
Fibonacci	97.3	102.32	105.43	110.46	115.48	118.59	123.62

First Trust Cloud Computing ETF (SKYY) Technical Indicators

2026-04-16

Name	Value
Relative Strength Index (RSI)	59.83
Stochastic Oscillator	74.08
Stochastic RSI	53.95
Commodity Channel Index (CCI)	171.52
Awesome Oscillator	-0.9
Momentum	6.3
MACD	-0.13

First Trust Cloud Computing ETF (SKYY) Relative Strength Index (RSI) is 59.83, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Stochastic Oscillator is 74.08, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Stochastic RSI is 53.95, creating a Neutral signal.

First Trust Cloud Computing ETF (SKYY) Commodity Channel Index (CCI) is 171.52, creating a Sell signal.

First Trust Cloud Computing ETF (SKYY) Awesome Oscillator is -0.9, creating a Sell signal.

First Trust Cloud Computing ETF (SKYY) Momentum is 6.3, creating a Buy signal.

First Trust Cloud Computing ETF (SKYY) MACD is -0.13, creating a Sell signal.

First Trust Cloud Computing ETF (SKYY) Moving Average

2026-04-16

Period	Simple	Signal
5-Day	110.64	Buy
10-Day	110.69	Buy
20-Day	110.44	Buy
60-Day	113.13	Buy
200-Day	124.62	Sell
250-Day	122.17	Sell

First Trust Cloud Computing ETF (SKYY) 5-Day simple moving average is 110.64, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

First Trust Cloud Computing ETF (SKYY) 10-Day simple moving average is 110.69, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

First Trust Cloud Computing ETF (SKYY) 20-Day simple moving average is 110.44, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

First Trust Cloud Computing ETF (SKYY) 60-Day simple moving average is 113.13, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Buy.

First Trust Cloud Computing ETF (SKYY) 200-Day simple moving average is 124.62, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Sell.

First Trust Cloud Computing ETF (SKYY) 250-Day simple moving average is 122.17, while First Trust Cloud Computing ETF (SKYY) share price is $116.63, making it Sell.