WisdomTree Cloud Computing Fund (WCLD)

WisdomTree Cloud Computing Fund is trading at $40.51, up 1.96% on the session. The 50 day average sits at $33.93 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $32.71 with resistance near $42.09, so that band frames the current range. Average daily movement is roughly $1.51, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 75, momentum of 88 and a risk score of 28.

Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to track the performance of emerging public companies primarily involved in providing cloud computing software and services to their customers. It is non-diversified.