I have a UICollectionView which contains 12-13 UICollectionViewCells. I can easily focus on the UICollectionViewCells and everything works. There is a UIButton outside the UICollectionView. If I am on the first cell or the second cell and I swipe up then I can easily focus on the UIButton. When I am on the third cell then I am not able to move the focus to the UIButton. Any ideas what is going on?

You should use a UIFocusGuide that encompasses the UIButton you want to focus. Make the UIFocusGuide as wide as the collectionView and tall enough to cover the button. Make the preferredFocusView the button.
UIFocusGuide *topButtonFocusGuide = [[UIFocusGuide alloc] init];
topButtonFocusGuide.preferredFocusedView = myButton;
[self.view addLayoutGuide:topButtonFocusGuide];
[self.view addConstraints:@[
[topButtonFocusGuide.topAnchor constraintEqualToAnchor:myButton.topAnchor],
[topButtonFocusGuide.bottomAnchor constraintEqualToAnchor:myCollectionView.topAnchor],
[topButtonFocusGuide.leadingAnchor constraintEqualToAnchor:myCollectionView.leadingAnchor],
[topButtonFocusGuide.widthAnchor constraintEqualToAnchor:myCollectionView.widthAnchor],
]];
Jess Bowers solution is almost there but Xcode says UIButtons doesn't have topAnchor property and the solution given by Jess doesn't work for me.
For me, the solution was to create a huge view with the same width as the UICollectionView on top of it. See picture.

The code will be this:
UIFocusGuide *topButtonFocusGuide = [[UIFocusGuide alloc] init];
topButtonFocusGuide.preferredFocusedView = myButton;
[self.view addLayoutGuide:topButtonFocusGuide];
[self.view addConstraints:@[
[topButtonFocusGuide.topAnchor constraintEqualToAnchor:transparentView.topAnchor],
[topButtonFocusGuide.bottomAnchor constraintEqualToAnchor:transparentView.bottomAnchor],
[topButtonFocusGuide.leadingAnchor constraintEqualToAnchor:transparentView.leadingAnchor],
[topButtonFocusGuide.widthAnchor constraintEqualToAnchor:transparentView.widthAnchor],
]];
Swift 3.0
Jess Bower's answer was huge help to me & saved a lot of time.
Here's what worked with Swift 3 & tvOS 10. One now has to use preferredFocusEnvironments. In ViewDidLoad()
self.view.addLayoutGuide(focusGuide)
self.focusGuide.topAnchor.constraint(equalTo: self.buttonAbove.topAnchor).isActive = true
self.focusGuide.bottomAnchor.constraint(equalTo: self.CollectionView.topAnchor).isActive = true
self.focusGuide.leadingAnchor.constraint(equalTo: self.CollectionView.leadingAnchor).isActive = true
self.focusGuide.widthAnchor.constraint(equalTo: self.CollectionView.widthAnchor).isActive = true
self.focusGuide.preferredFocusEnvironments = [self.buttonAbove]
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