Cloud ETFs

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Cloud ETFs

Scan symbols 25
ADBECDNSCLOUCRMCRWDDDOGEDAFTNTHUBSIGVINTUMDBNETNOWOKTAORCLPANWSAPSKYYSNOWSNPSTEAMWCLDWDAYZS
Watchlists 1
@cloud-etfs
raw scan snapshot — prices as of scan date, not live 78 rows · screens, not recommendations superseded by2026-04-26-cloud-etfsported fromresearch/classic/scans/_archive/2026-02-03-cloud-etfs.mdscan slugcloud-etfssource typescan-archive

The contrarian thesis: AI accelerates SaaS, survivors will be bigger and stronger. ALL FOUR NOW OVERSOLD (RSI < 30).

Quick Snapshot

Signal Reading
Overall 🟢 CAPITULATION IN PROGRESS - All 4 ETFs oversold (RSI 14-24), -18-33% from 52wk highs
Key insight IGV RSI 14 = extreme oversold. WCLD RSI 18. This is the entry signal we were waiting for.

Action Matrix

Action ETFs Why
✅ STRONG BUY IGV RSI 14 = extreme oversold, includes profitable names (ADBE, CRM)
✅ STRONG BUY WCLD RSI 18 = oversold, pure cloud-native, highest beta if thesis right
🔍 RESEARCH CLOU RSI 24 = oversold, similar to WCLD
🔍 WATCH SKYY RSI 24 = oversold, broader cloud (includes infra)

Legend

  • RSI ↓ = Oversold (<30) - potential buying opportunity
  • RSI ↑ = Overbought (>70) - FOMO warning, may pullback
  • 52wkHi = % from 52-week high (how far below peak)

Data

ETF Price 1D 7D 30D 3M 52wkHi RSI Expense Status Action
WCLD $27.88 -5.0% -7.4% -18.6% -22.3% -32.7% 18 ↓ 0.45% 🟢 OVERSOLD ✅ Strong Buy
IGV $85.02 -3.3% -8.2% -18.0% -26.5% -27.9% 14 ↓ 0.40% 🟢 EXTREME OVERSOLD ✅ Strong Buy
CLOU $19.35 -4.7% -5.9% -13.5% -19.9% -26.2% 24 ↓ 0.68% 🟢 Oversold 🔍 Research
SKYY $112.85 -3.9% -6.0% -12.2% -21.3% -21.5% 24 ↓ 0.60% 🟢 Oversold 🔍 Watch

Technical read: ALL FOUR OVERSOLD. This is the capitulation we were waiting for.

Top Holdings Breakdown

What's inside these ETFs? Here's what's driving the moves.

By Category

Category Stocks RSI Range Status
Enterprise SaaS CRM, NOW, WDAY, ORCL, SAP 14-24 🟢 EXTREME
Creative/Consumer ADBE, INTU 16-25 🟢 EXTREME
Security PANW, CRWD, ZS, FTNT, OKTA 16-50 🟢 Oversold (mixed)
Data Platforms SNOW, MDB, DDOG 22-44 🟢 Oversold
Dev Tools/Collab TEAM, HUBS, NET 16-39 🟢 CRUSHED to mixed
EDA/Design CDNS, SNPS 20-23 🟢 Oversold

All Holdings (Ranked by RSI - Most Oversold First)

Stock Price 30D 52wkHi RSI Category Status
CRM $193.75 -24.4% -44.3% 14 ↓ Enterprise SaaS 🟢 EXTREME
ORCL $152.97 -20.4% -40.5% 15 ↓ Enterprise SaaS 🟢 EXTREME
INTU $432.20 -31.7% -46.9% 16 ↓ Consumer/SMB 🟢 EXTREME
PANW $164.61 -9.6% -21.6% 16 ↓ Security 🟢 EXTREME
HUBS $245.76 -35.3% -72.1% 16 ↓ Dev Tools 🔴 CRUSHED
WDAY $173.37 -17.0% -38.9% 18 ↓ Enterprise SaaS 🟢 EXTREME
SNPS $418.27 -15.3% - 20 ↓ EDA 🟢 Oversold
SNOW $170.57 -24.0% -39.2% 22 ↓ Data Platform 🟢 EXTREME
NOW $109.04 -26.1% -48.4% 23 ↓ Enterprise SaaS 🟢 EXTREME
CDNS $267.27 -11.3% - 23 ↓ EDA 🟢 Oversold
SAP $196.99 -18.1% -25.4% 24 ↓ Enterprise SaaS 🟢 Oversold
ADBE $272.32 -17.9% -41.5% 25 ↓ Creative 🟢 Oversold
ZS $186.75 -16.2% -44.6% 27 ↓ Security 🟢 Oversold
OKTA $81.63 -6.9% -36.0% 28 ↓ Security/Identity 🟢 Oversold
TEAM $105.01 -31.8% -67.8% 28 ↓ Dev Tools 🔴 CRUSHED
CRWD $417.12 -8.6% -26.4% 29 ↓ Security 🟢 Oversold
MDB $336.45 -20.0% -24.4% 29 ↓ Data Platform 🟢 Oversold
NET $166.46 -15.8% -36.0% 39 Edge/CDN 🟡 Pullback
DDOG $118.10 -11.6% -41.4% 44 Observability 🟡 Pullback
FTNT $78.39 +0.6% -29.2% 50 Security 🟡 OUTPERFORMER

Stars vs Losers

⭐ Relative Outperformers (Holding Up)

Stock 30D 52wkHi RSI Why Outperforming
FTNT +0.6% -29% 50 Security demand, profitable, defensive
DDOG -11.6% -41% 44 Observability essential, less rate sensitive
NET -15.8% -36% 39 Edge computing, AI at edge thesis
CRWD -8.6% -26% 29 Security leader, recovered from July incident
PANW -9.6% -22% 16 Platform consolidation winner

Pattern: Security names (FTNT, CRWD, PANW) and infrastructure (DDOG, NET) holding better than pure SaaS.

💀 Biggest Losers (Crushed)

Stock 30D 52wkHi RSI Why Crushed
HUBS -35.3% -72.1% 16 SMB weakness, Google competition fears
TEAM -31.8% -67.8% 28 Atlassian cloud transition pain
INTU -31.7% -46.9% 16 AI disruption fears (TurboTax)
NOW -26.1% -48.4% 23 ServiceNow selloff despite strength
CRM -24.4% -44.3% 14 Salesforce AI narrative not landing
SNOW -24.0% -39.2% 22 Data cloud competition, margins

Pattern: SMB-exposed (HUBS, INTU), collaboration (TEAM), and high-multiple names crushed hardest.

🎯 The Opportunity Matrix

If You Believe... Buy These Avoid
SaaS recovery CRM, NOW, WDAY (RSI 14-23) HUBS, TEAM (broken)
Security wins PANW, CRWD, ZS OKTA (identity commoditizing)
Data platforms SNOW, MDB DDOG (less oversold)
Infrastructure NET, DDOG -
Safer/Profitable ADBE, INTU, ORCL, SAP Unprofitable cloud-native

Analysis

The Thesis

"Sector rotation is flushing out the non-committed. A few survivors will be bigger and stronger than ever. AI accelerates SaaS, doesn't kill it."

Why the market is wrong:

  • AI hype → all money goes to chips/infra → SaaS abandoned
  • But AI features need to LIVE somewhere → SaaS apps are the delivery mechanism
  • Every SaaS company adding AI features = stickier products, higher prices
  • CRM, NOW, WDAY, etc. are adding AI → more value, not less
  • This is a classic sector rotation flush before consolidation

Technical Setup

Signal Status Implication
RSI < 30 ✅ ALL FOUR Capitulation territory
-20%+ from 52wk high ✅ ALL FOUR Significant drawdown
Volume spike 🔍 Monitor Watch for capitulation volume
Higher low ⏳ Waiting Need price to stabilize

WCLD vs IGV Decision

Factor WCLD IGV
Current RSI 18 (oversold) 14 (EXTREME oversold)
30D Performance -18.6% -18.0%
From 52wk High -32.7% -27.9%
What's in it Pure unprofitable cloud-native Mix of profitable + growth
Risk Higher - rate sensitive Medium - anchored by ADBE, CRM
Upside if right Highest Good
Expense 0.45% 0.40%

Verdict: Both are screaming buy on technicals. IGV is safer (profitable anchors), WCLD has more upside (pure play).

The Gold

Key Discoveries

Discovery Implication
IGV RSI 14 = extreme oversold This level rarely happens, historically strong buy signal
All 4 cloud ETFs oversold simultaneously Sector-wide capitulation, not stock-specific
17 of 20 top holdings RSI < 30 Breadth confirms capitulation, not just a few names
HUBS -72%, TEAM -68% from highs SMB/collab names crushed - avoid or contrarian?
FTNT only green (+0.6% 30D) Security with profitability = safe haven
Security (PANW, CRWD) RSI 16-29 Even leaders getting flushed
CRM RSI 14 = Salesforce extreme #1 CRM at decade-low RSI

Entry Strategy

Given all four are now oversold, here's the play:

Option Position Why
Conservative 50% IGV now Extreme oversold, profitable anchors
Aggressive 50% WCLD now Higher beta, pure thesis play
Split 25% IGV + 25% WCLD Diversified exposure
DCA 25% now, 25% if drops 10% more Average into bottom

Price Levels to Watch

ETF Current Support Resistance All-Time High
WCLD $27.88 $25 (2022 low area) $35 $62 (2021)
IGV $85.02 $75 (support) $100 $118 (52wk)
CLOU $19.35 $17 $23 $37 (2021)
SKYY $112.85 $100 $130 $144 (52wk)

Open Questions

  • Is this THE bottom or more pain ahead?
  • Will Fed pivot language accelerate the bounce?
  • Which SaaS companies are monetizing AI best?

Verdict on This Scan

Actually actionable NOW:

  • ⭐ IGV: RSI 14 = extreme oversold. Start position now. Includes profitable names (ADBE, CRM, INTU) as anchors.
  • ⭐ WCLD: RSI 18 = oversold. Start position now if you want pure cloud-native exposure.

Entry strategy:

  • If conservative: 50% IGV now, add 50% on confirmation (higher low)
  • If aggressive: 50% WCLD now, add 50% if it drops to $25
  • If both: 25% each now, DCA the rest

Catalysts to watch:

  • Fed rate cut signals
  • Cloud earnings (CRM, NOW, ADBE)
  • SaaS pricing power / AI monetization news

Pass on:

  • CLOU (higher expense, similar to WCLD)
  • SKYY (broader, less pure thesis)

Next Actions

  • Decide: IGV vs WCLD vs both
  • Set position size (1-3% given high conviction)
  • Enter starter position (50% of planned allocation)
  • Set alerts: WCLD $25, IGV $75 (add more if hit)
  • Monitor: Fed language, cloud earnings
  • Track: RSI bounce above 30 = confirmation

Commands

cd stonks

ETFs

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Top Holdings (what's inside)

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10 events
DateTypeEvent
Mar 12 ScanCloud ETFs Scan Mar 31 ScanCloud ETFs Scan Feb 5 ArticleActions & Alerts Log Mar 11 ScanInsider Activity Scan Feb 2 ScanAI Universe (Expanded) Mar 10 ScanTech Insider Buys Scan Feb 26 ScanBargain Bin Scan Feb 3 UpdatePortfolio - Cloud/SaaS Feb 3 ArticleActions & Alerts Log Feb 4 ArticleActions & Alerts Log

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