SKYY Stock First Trust Cloud Computing ETF (SKYY, $96.27) Aroon Indicator entered an Uptrend on May 17, 2024.

A.I.dvisor
at Tickeron.com
05/18/24
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SKYY - First Trust Cloud Computing ETF
Aroon signal
Bullish Trend
Odds of UP Trend
Aroon signal
Price: $96.27
Daily change: +$0.28 (+0.29%)
Daily volume: 57.9K
Net Assets: $3.1B
Over the last three days, A.I.dvisor has detected that SKYY's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 303 similar cases, of which were successful. Based on this data, the odds of success are
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SKYYDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Technology

Profile
Fundamentals
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Category
Technology
Address
First Trust Exchange-Traded Fund II12o East Liberty Drive, Suite 400Wheaton
Phone
630-241-4141
Web
www.ftportfolios.com