Trading Signals: SKYY Stock Price Prediction and Forecast

^ SKYY: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Apr. 14, 2020

Trading Signals: SKYY Stock Price Prediction and Forecast (Mon. Aug. 31, 2015 - Fri. Dec. 22, 2023)

(First Trust Cloud Computing ETF)
SKYY latest price $59.2400 (4.04%) ($58.0500 - $59.3900) on Tue. Apr. 14, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.49% (three month average)
RSI   64
Latest Price   $59.2400(4.04%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   SKYY advances 1.7% a day on average for past five trading days.
Weekly Trend   SKYY advances 2.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support SKYY advance at 0% a week (0% probability)
VUG(83%)    IWF(80%)    QQQ(80%)    IPO(79%)    IVW(79%)
Factors Impacting SKYY price   SKYY will decline at least -1.745% in a week (0% probabilities).
VIXM(-53%)    UUP(-30%)    VXX(-20%)    TBT(-9%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.745% (StdDev 3.49%)
Hourly BBV 0 ()
Intraday Trend 1.9%

5 Day Moving Average   $56.56(4.74%)
10 Day Moving Average   $54.84(8.02%)
20 Day Moving Average   $53.32(11.1%)
To recent high   -13.7%
To recent low   28.8%
Market Cap   $N/A

$. SKYY price fluctuates within 5.59% (three month std-dev: 3.49%) daily (68% of days).

Sample size 50 Average positive next day return: 3.82%(54%) Average negative next day return: -1.69%(46%) Sample size 50 Average positive next three day return: 5.26%(46%) Average negative next three day return: -4.2%(54%) Sample size 50 Average positive next weekly return: 5.65%(50%) Average negative next weekly return: -5.61%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200514

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_14_2020	60.01	53.32	54.84	56.56	56.83	57.65	59.24(4.04%)	UT	OpenLong	75	0.9	38	120	32	56	6.65	47%	-0.03	51.3	3.49%	0	2	64	1.5
2	Apr_13_2020	60.03	52.66	54.38	55.61	55.94	56.65	56.94(0.69%)	UT	OpenLong	75	0.4	35	110	28	57	0.42	46%	-0.05	30.1	3.45%	0	1.4	70	1.2
3	Apr_9_2020	60.06	52.37	54.04	54.45	55.23	56.02	56.55(1.16%)	UT	OpenLong	75	0.7	38	140	33	53	0.59	46%	-0.07	10	3.42%	0	1.4	69	0.9
4	Apr_8_2020	60.1	51.94	53.91	53.55	53.93	55.23	55.9(3.23%)	UT	OpenLong	75	0.9	34	190	27	54	0.45	47%	-0.07	-17.5	3.43%	0	1.4	67	0.9
5	Apr_7_2020	60.14	51.77	53.6	52.81	53.07	54.44	54.15(-0.64%)	UD	OpenLong	75	0.5	38	200	31	57	0.52	47%	-0.1	-37.6	3.4%	0	0.9	67	0.8

6	Apr_6_2020	60.2	51.83	53.5	52.88	52.45	52.63	54.5(6.51%)	UT	OpenLong	75	0.6	23	-0	9	63	0.4	47%	-0.08	-42.6	3.4%	0	1	64	0.8
7	Apr_3_2020	60.25	51.77	52.99	53.03	52.77	51.7	51.17(-1.69%)	UD	OpenLong	65	-0.6	1	-160	-22	68	0.38	45%	-0.13	-48.2	3.3%	0	-0.2	66	0.1
8	Apr_2_2020	60.33	52.09	52.83	53.55	53.57	52.26	52.05(-0.23%)	N/A	N/A	0	-0.4	-11	-170	-37	66	0.45	45%	-0.12	-40.6	3.3%	0	-0	52	-0.1
9	Apr_1_2020	60.4	52.43	52.62	54.29	54.11	53.85	52.17(-4.26%)	UD	OpenLong	65	-0.5	8	-40	-21	95	0.62	45%	-0.12	-30.6	3.31%	0	-0.1	59	-0.4
10	Mar_31_2020	60.47	52.84	52.28	54.43	54.59	54.87	54.49(-1.41%)	UD	OpenLong	75	0	36	40	14	100	0.61	47%	-0.07	-29.4	3.29%	0	0.4	53	-0.1

11	Mar_30_2020	60.51	53.04	51.77	54.17	54.19	54.38	55.27(2.75%)	UT	OpenLong	75	0.2	35	30	21	76	0.39	47%	-0.05	-32.1	3.29%	0	0.5	49	-0.3
12	Mar_27_2020	60.54	53.27	50.85	52.93	53.61	54.31	53.79(-3.52%)	UD	OpenLong	75	0.2	29	130	29	30	0.63	47%	-0.08	-41.1	3.27%	0	0.1	51	-0.6
13	Mar_26_2020	60.59	53.51	50.59	51.97	52.27	53.99	55.75(5.45%)	RB	SmallLong	20	0.8	30	250	42	-5	0.67	48%	-0.03	-51.5	3.24%	0	0.5	47	-0.3
14	Mar_25_2020	60.61	53.66	49.78	50.73	51.13	52.91	52.87(-0.56%)	N/A	N/A	0	0.4	29	270	59	-63	0.67	45%	-0.08	-62	3.17%	0	-0.2	41	-0.7
15	Mar_24_2020	60.66	54.08	49.73	49.83	50	50.55	53.17(8.31%)	N/A	N/A	0	0.6	2	90	40	-114	0.56	45%	-0.08	-68.6	3.19%	0	-0.2	40	-0.6

16	Mar_23_2020	60.71	54.5	49.91	49.06	48.74	49.36	49.09(0.2%)	DP	OpenShort	-65	0	-34	70	9	-162	0.57	41%	-0.15	-72.7	3%	0	-1	37	-0.8
17	Mar_20_2020	60.8	55.23	50.35	48.44	48.56	49.45	48.99(-1.07%)	DP	OpenShort	-65	0.1	-30	140	24	-191	0.51	41%	-0.15	-74.9	3%	0	-1.1	35	-1.5
18	Mar_19_2020	60.89	56.08	51.21	48.97	47.69	48.13	49.52(2.38%)	DP	OpenShort	-65	0.1	-42	-10	8	-192	0.56	41%	-0.15	-70.8	3%	0	-1	38	-1.7
19	Mar_18_2020	60.98	56.99	52.17	48.67	48.07	47.68	48.37(-1.93%)	DT	OpenShort	-75	-0	-59	-90	-10	-205	0.45	41%	-0.15	-70.1	2.98%	0	-1.3	36	-2.4
20	Mar_17_2020	61.07	58	53.41	49.61	48.46	47.26	49.32(7.22%)	DP	OpenShort	-75	-0	-92	-240	-53	-209	0.93	41%	-0.15	-66.6	2.97%	0	-1.3	35	-2.2

21	Mar_16_2020	61.16	58.94	54.41	50.96	49.91	48.46	46(-10.94%)	DT	OpenShort	-75	-0.8	-102	-270	-66	-210	0.65	36%	-0.2	-63.7	2.81%	0	-2.1	28	-2.7
22	Mar_13_2020	61.28	60.07	55.95	52.51	52.1	49.67	51.65(7.58%)	DP	OpenShort	-75	-0.2	-101	-350	-64	-211	0.68	41%	-0.08	-62.7	2.47%	0	-1.5	31	-1.9
23	Mar_12_2020	61.33	60.88	56.74	53.81	52.9	51.37	48.01(-9.55%)	DT	HoldShort	-65	-1	-167	-250	-137	-256	1.39	35%	-0.13	-58.6	2.25%	0	-2.3	20	-2.6
24	Mar_11_2020	61.41	61.92	57.97	56.17	55.14	54.53	53.08(-5.28%)	DT	HoldShort	-65	-0.6	-95	-130	-50	-231	0.53	40%	-0.05	-54.2	1.91%	0	-1.8	22	-2.2
25	Mar_10_2020	61.44	62.65	58.9	57.77	56.67	54.42	56.04(4.26%)	DP	OpenShort	-75	-0.4	-114	-340	-72	-239	0.57	44%		-49.7	1.8%	0	-1.5	24	-2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.