← all events raw scan snapshot Feb 22, 2026 — prices as of scan date, not live 46 rows · screens, not recommendations superseded by2026-04-26-cloud-etfs ported fromresearch/classic/scans/_archive/2026-02-22-cloud-etfs.md scan slugcloud-etfs source typescan-archive
SaaS selloff deepens — INTU RSI 18 (extreme), WDAY RSI 21, CRM RSI 27. ETFs WCLD /IGV /CLOU all oversold RSI 32-33. NOW data stale at RSI 24. DDOG and SNOW showing relative strength with recoveries. Generational entry window still open.
Quick Snapshot Signal Reading Overall 🔴 DEEP OVERSOLD — Enterprise cloud continues to sell off. ETFs at RSI 32-33, individual names in extreme capitulation. Key insight INTU hit RSI 10 during week, now 18. WDAY at RSI 21 and -15% vs SMA. CRM RSI 27. Indiscriminate selling continues — thesis intact. Relative Strength DDOG (RSI 39, -7% vs SMA) and SNOW (RSI 40, -6.6% vs SMA) holding better than peers.
ETF Overview (Validated 2026-02-22) ETF Price RSI SMA20 vs SMA 7D 30D Signal WCLD $27.28 33 $29.14 -6.4% -1.3% -13.2% 🔴 Deeply oversold IGV $80.78 32 $86.89 -7.0% -0.2% -15.3% 🔴 Deeply oversold CLOU $18.93 33 $20.01 -5.4% -1.6% -9.1% 🔴 Oversold
Top Holdings Deep Dive (Validated 2026-02-22) Stock Price RSI SMA20 vs SMA 7D 30D Signal INTU $380.55 18 ↓ $452.20 -15.8% +0.4% -27.5% 🔴 Extreme capitulation WDAY $137.81 21 ↓ $161.94 -14.9% -3.7% -24.9% 🔴 Extreme capitulation CRM $185.16 27 $200.92 -7.8% +0.5% -16.4% 🔴 Deeply oversold NOW $102.63 24 $127.36 -19.4% -12.1% -31.0% 🔴 Extreme (stale data 02/05) SNOW $172.50 40 $184.68 -6.6% -2.6% -16.5% 🟡 Below SMA, less oversold DDOG $115.66 39 $124.44 -7.1% -5.6% -6.3% 🟡 Relative strength leader
Tier Analysis Tier 1: Extreme Capitulation (RSI < 20) Stock RSI vs SMA 30D Case INTU 18 ↓ -15.8% -27.5% TurboTax + QuickBooks monopoly. Tax season now = forced selling? RSI 18 with -27.5% loss is irrational. Irreplaceable franchise. WDAY 21 ↓ -14.9% -24.9% Enterprise HCM/finance platform. Sticky multi-year contracts. RSI fell from 30 to 21 this week — continued deterioration.
Tier 2: Deeply Oversold (RSI 20-30) Stock RSI vs SMA 30D Case CRM 27 -7.8% -16.4% #1 CRM platform globally. AI Agentforce launch ongoing. -16% from 30D high but SMA compression means more room. NOW 24 -19.4% -31.0% IT workflow automation leader. -19% vs SMA — extraordinary discount. Data stale (02/05). Likely worse now.
Tier 3: Oversold Watch (RSI 30-42) Stock RSI vs SMA 30D Case WCLD 33 -6.4% -13.2% Broad SaaS basket — broadest sector exposure. Deeply below SMA. IGV 32 -7.0% -15.3% Software ETF — broader than WCLD. Below 2025 lows. CLOU 33 -5.4% -9.1% Cloud computing ETF — less concentrated than WCLD/IGV. SNOW 40 -6.6% -16.5% Data cloud platform. Relative strength vs. peers. Holding better. DDOG 39 -7.1% -6.3% Observability/monitoring. Best 30D performance in group. Relative strength.
Entry Zones Stock Zone RSI Trigger Conviction 🟢 INTU $375-$390 RSI < 20 HIGH — Tax software monopoly at 5-year lows on relative basis. RSI 18 = panic. 🟢 WDAY $135-$142 RSI < 25 HIGH — Enterprise HR/finance with 95%+ renewal rates. RSI 21 and deepening. 🟢 CRM $180-$190 RSI < 30 HIGH — AI Agentforce catalyst. Enterprise CRM leader. -16% 30D. 🟢 NOW $100-$110 RSI < 25 HIGH — IT automation leader. -31% 30D is extreme. Stale data — likely even more oversold. 🟡 IGV ETF $79-$83 RSI < 35 MEDIUM — Diversified software exposure. Broad safety net entry. 🟡 WCLD ETF $26-$28 RSI < 35 MEDIUM — Pure-play cloud basket. Below SMA. 🔍 SNOW $168-$178 RSI < 35 LOW-MEDIUM — Relative strength. Less oversold = less upside but safer entry.
Action Matrix Stock Signal Action Notes INTU 🔴 RSI 18 ✅ Strong Buy Historic oversold. Tax season demand structural. WDAY 🔴 RSI 21 ✅ Strong Buy Enterprise HCM. RSI deteriorating — stage in slowly. CRM 🔴 RSI 27 📈 Accumulate AI tailwinds + oversold. Add at RSI < 25. NOW 🔴 RSI 24 (stale) 📈 Accumulate Refresh data needed — likely deeper. IT workflow moat. WCLD 🔴 RSI 33 📈 Accumulate ETF basket entry — diversified SaaS exposure. IGV 🔴 RSI 32 📈 Accumulate Broader software ETF at discount. CLOU 🔴 RSI 33 🔍 Watch Less conviction than WCLD/IGV. Smaller, less liquid. SNOW 🟡 RSI 40 🔍 Watch Relative strength but still declining. Await stabilization. DDOG 🟡 RSI 39 🔍 Watch Best performer in group. Earnings beat recently? Monitor.
What Changed (vs 2026-02-16) Stock Feb-16 RSI Feb-22 RSI Move Note WCLD 25 33 Recovered slightly Small bounce from extreme IGV 24 32 Recovered slightly Marginal improvement, still deep CLOU 27 33 Recovered slightly Slight bounce CRM 18 27 Recovered Off extreme low, still deeply oversold NOW 24 24 (stale) No change Data stale — likely worse WDAY 20 21 Flat/worsening No recovery — continued deterioration INTU 11 18 Slight recovery Still extreme — was RSI 10 mid-week SNOW 37 40 Slight improvement Relative strength holding DDOG 42 39 Slight decline Still best performer — minor pullback
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