SKYY NEWS why is First Trust Cloud Computing Etf price falling or rising

SKYY NEWS reasons for why stock price of First Trust Cloud Computing Etf is falling or rising

SKYY First Trust is falling or rising technical reasons

Technical analysis forecast for First Trust Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT First Trust SKYY at this time. Stock is falling and might fall more.

It appears as if First Trust SKYY gave a large move recently.

Stock of First Trust (SKYY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of First Trust is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 115.6 as stoploss in an intra day buy trade for a target of 121.65. However, stock will show a bearish move below 115.6.

SKYY First Trust is falling or rising NEWS fundamental reasons

More announcements and NEWS

SKYY First Trust Cloud Computing Etf current price & indicator signals

Moving Averages for First Trust Cloud Computing Etf

5Day Average: 116.05
12Day Average: 120.38
20Day Average: 124.19
50Day Average: 123.63
100Day Average: 119.12
150Day Average: 111.63
200Day Average: 107.21

SKYY Indicators & signals

Indicator MACD (12,26,9)

119.61, 122.39, -1.41
Indicator MACD is in negative zone

Indicator ADX (14)

46.25, 13.03, 35.45
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SKYY First Trust Cloud Computing Etf are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
05 Wed Mar 2025	116.45	113.53 to 116.71	1.75%	0.71 times
04 Tue Mar 2025	114.45	110.84 to 116.12	-0.24%	2.33 times
03 Mon Mar 2025	114.72	113.86 to 119.02	-2.53%	0.79 times
28 Fri Feb 2025	117.70	114.78 to 117.71	0.64%	1.16 times
27 Thu Feb 2025	116.95	116.80 to 121.33	-2.28%	0.55 times
26 Wed Feb 2025	119.68	119.12 to 121.21	1.24%	0.58 times
25 Tue Feb 2025	118.21	116.40 to 120.11	-1.71%	0.64 times
24 Mon Feb 2025	120.27	117.89 to 122.06	-1.24%	1.84 times
21 Fri Feb 2025	121.78	121.59 to 126.89	-3.82%	1.12 times
20 Thu Feb 2025	126.62	124.75 to 128.72	-1.75%	0.51 times
19 Wed Feb 2025	128.87	128.28 to 130.20	0%	0.49 times
19 Wed Feb 2025	128.87	128.28 to 130.20	-1.43%	0.49 times