






Weekly Report
First Trust Cloud Computing ETF closed at 137.3700 (0.14% WoW) . Data window ends Fri, 19 Sep 2025.
How to read this — Price slope is upward, indicating persistent buying over the window. Volume trend diverges from price — watch for fatigue or rotation. Returns are positively correlated with volume — strength tends to arrive on higher activity. Price is stretched above its baseline; consolidation risk rises if activity fades. Constructive MA stack supports the up-drift; pullbacks may find support at the 8–13 week region. Price holds above key averages, indicating constructive participation.
Up-slope supports buying interest; pullbacks may be contained if activity stays firm. Because liquidity isn’t confirming, prefer evidence of fresh demand before chasing moves.
Gauge maps the trend signal to a 0–100 scale.
How to read this — Gauge is elevated but momentum is rolling over; topping risk is rising.
Stay alert: protect gains or seek confirmation before adding risk.
Conclusion
Negative setup. ★★☆☆☆ confidence. Price window: 12. Trend: Uptrend at Risk; gauge 72. In combination, liquidity diverges from price.
- Price holds above 8w & 26w averages
- Constructive moving-average stack
- Solid multi-week performance
- High-level but rolling over (topping risk)
- Momentum is weak/falling
- Liquidity diverges from price
Why: Price window 12.23% over 8w. Close is 3.09% above the prior-window high. Volume trend falling. Liquidity divergence with price. Trend state uptrend at risk. MA stack constructive. Momentum bullish and falling .
Tip: Most metrics also include a hover tooltip where they appear in the report.