← all events raw scan snapshot Feb 26, 2026 — prices as of scan date, not live 68 rows · screens, not recommendations superseded by2026-04-26-cloud-etfs ported fromresearch/classic/scans/_archive/2026-02-26-cloud-etfs.md scan slugcloud-etfs source typescan-archive
SaaS partial recovery but still deeply sold off — WDAY RSI 29 (still oversold), INTU RSI 35 (recovering from RSI 18 extreme), CRM RSI 57 (recovered). ETFs WCLD /IGV /CLOU RSI 49-54 (neutral recovery). SNOW and DDOG pulling back. NET -10% in 7 days.
Quick Snapshot Signal Reading Overall 🟡 PARTIAL RECOVERY — CRM and SHOP have recovered, WDAY still oversold. ETFs bounced to neutral. INTU recovering but still -31% 30D. NET seeing sharp 7D decline. Key insight The generational oversold window from Feb-22 has partially closed. CRM RSI 57 from RSI 27. INTU RSI 35 from RSI 18. WDAY still the open opportunity at RSI 29 and -27% 30D. New Concern NET -10% 7D and SNOW -5.3% 7D — recent momentum names giving back gains
ETF Overview (Validated 2026-02-26) ETF Price RSI SMA20 vs SMA 7D 30D Signal WCLD $27.45 52.7 $27.91 -1.7% -1.4% -16.9% 🟡 Neutral, slightly below SMA IGV $81.83 54.4 $83.22 -1.7% +0.1% -17.2% 🟡 Neutral, slightly below SMA CLOU $18.78 48.6 $19.36 -3.0% -2.8% -14.4% 🟡 Neutral, below SMA
Top Holdings Deep Dive (Validated 2026-02-26) Stock Price RSI SMA20 vs SMA 7D 30D Signal WDAY $138.57 29.0 $150.61 -8.0% -1.0% -27.4% 🔴 Oversold, still weak INTU $389.33 34.6 $416.15 -6.4% +2.0% -30.7% 🔴 Recovering from extreme SNOW $169.70 57.4 $175.07 -3.1% -5.3% -19.7% 🟡 Pulling back, below SMA DDOG $114.28 56.1 $118.75 -3.8% -5.2% -16.4% 🟡 Pullback from leadership MDB $330.90 51.2 $348.94 -5.2% -7.0% -19.5% 🟡 Below SMA, neutral ESTC $60.72 56.1 $60.72 -0.0% -2.2% -19.2% 🟡 Exactly at SMA NET $173.33 55.6 $178.09 -2.7% -10.0% -8.5% 🟡 Sharp 7D decline NOW $107.57 56.7 $106.89 +0.6% +0.2% -21.1% 🟡 Just above SMA, stabilizing CRM $198.15 57.3 $192.90 +2.7% +6.9% -13.6% 🟢 Recovered above SMA SHOP $124.16 60.0 $120.76 +2.8% +0.3% -8.9% 🟢 Above SMA, momentum
Tier Analysis Tier 1: Still Oversold (RSI < 35) — Entry Window Persists Stock RSI vs SMA 30D Case WDAY 29.0 -8.0% -27.4% Enterprise HCM/finance platform. Only name that did NOT recover. RSI 29 while CRM is RSI 57 — underperforming peers. Sticky multi-year contracts. -27.4% 30D is irrational for a moat business. INTU 34.6 -6.4% -30.7% Recovering from RSI 18 extreme. Still -30.7% 30D despite bounce. TurboTax + QuickBooks monopoly. Tax season demand structural. RSI 35 is not yet safe — more work to do.
Tier 2: Neutral / Recovering (RSI 45-60) — Window Narrowing Stock RSI vs SMA 30D Case WCLD 52.7 -1.7% -16.9% ETF basket bounced from RSI 33 to 53 — significant recovery. Still -17% 30D. IGV 54.4 -1.7% -17.2% Broader software ETF recovered similarly. -17% 30D still shows the damage. CLOU 48.6 -3.0% -14.4% Weakest ETF recovery. Still below SMA at RSI 49. MDB 51.2 -5.2% -19.5% Neutral RSI but -5% below SMA and -19.5% 30D — still in recovery zone. ESTC 56.1 -0.0% -19.2% Exactly at SMA — bounced back to neutral. -19% 30D damage still evident. NOW 56.7 +0.6% -21.1% Recovered to just above SMA. -21% 30D — best recovery given how oversold it was. NET 55.6 -2.7% -8.5% Sharp -10% in 7 days is concerning. Best 30D in group (-8.5%) but recent weakness. SNOW 57.4 -3.1% -19.7% Pulling back from relative strength position. -5.3% 7D is a red flag. DDOG 56.1 -3.8% -16.4% Was the relative strength leader — now pulling back with -5.2% 7D.
Tier 3: Recovered / Leaders (RSI 57-65) Stock RSI vs SMA 30D Case CRM 57.3 +2.7% -13.6% Full recovery — RSI 27 to 57 in 4 days. Above SMA again. AI Agentforce tailwind intact. SHOP 60.0 +2.8% -8.9% Best positioned — above SMA, RSI 60, smallest 30D loss in group.
Entry Zones Stock Zone RSI Trigger Conviction 🟢 WDAY $135-$142 RSI < 32 HIGH — Only name that didn't recover. RSI 29 while CRM at 57. Enterprise HCM moat. -27.4% 30D still extreme. 🟢 INTU $380-$395 RSI < 38 HIGH — Recovering from RSI 18. Tax season demand structural. -30.7% 30D represents significant discount to fundamentals. 🟡 WCLD ETF $26-$28 RSI < 45 MEDIUM — Pure-play cloud basket. Good diversified entry if adding cloud exposure broadly. 🟡 IGV ETF $80-$83 RSI < 48 MEDIUM — Broader software ETF at discount. Entry below SMA. 🔍 NET $168-$175 RSI < 50 MEDIUM — -10% in 7 days is unusual for a momentum name. Watch for support at $165-170. 🔍 MDB $325-$335 RSI < 48 LOW-MEDIUM — Below SMA, -19.5% 30D. MongoDB moat intact. May get cheaper.
Action Matrix Stock Signal Action Notes WDAY 🔴 RSI 29 ✅ Strong Buy Only cloud name still oversold. Enterprise HCM with locked-in contracts. Best remaining entry in sector. INTU 🔴 RSI 35 📈 Accumulate Recovering from historic low. Stage in — RSI 35 still an elevated risk/reward entry. WCLD 🟡 RSI 53 📈 Accumulate ETF basket bounce from RSI 33. Add cloud exposure here if underweight. IGV 🟡 RSI 54 📈 Accumulate Broader software ETF. Good diversified entry point. CLOU 🟡 RSI 49 🔍 Watch Weakest ETF recovery. Less conviction. Prefer WCLD/IGV. NET 🟡 RSI 56 🔍 Watch -10% 7D is a flag — either buying opportunity or support breakdown. Watch $165 level. SNOW 🟡 RSI 57 🔍 Watch Relative strength leader now pulling back. -5.3% 7D — monitor for entry near SMA. DDOG 🟡 RSI 56 🔍 Watch Was the best performer — now pulling back. Watch for RSI < 45 for re-entry. MDB 🟡 RSI 51 🔍 Watch Neutral but below SMA. -19.5% 30D. Needs earnings catalyst. ESTC 🟡 RSI 56 🔍 Watch At SMA. No strong signal either way. NOW 🟡 RSI 57 🔒 Hold Recovered to above SMA. -21% 30D still shows value. Hold existing positions. CRM 🟢 RSI 57 🔒 Hold Full recovery from oversold. Above SMA. Hold — don't chase after +7% 7D move. SHOP 🟢 RSI 60 🔒 Hold Best positioned name. Above SMA with RSI 60. Hold — not a new entry at this level.
What Changed (vs 2026-02-22) Stock Feb-22 RSI Feb-26 RSI Move Note WCLD 33 52.7 Major recovery RSI +20 points — sector bounce in progress IGV 32 54.4 Major recovery Similar to WCLD CLOU 33 48.6 Recovery Weaker than WCLD/IGV but improving CRM 27 57.3 Major recovery RSI tripled — entry window closed WDAY 21 29.0 Slight improvement Only partial recovery — still the best entry INTU 18 34.6 Recovery Significant bounce from extreme but still below SMA SNOW 40 57.4 Improved Recovered but now pulling back DDOG 39 56.1 Improved Similar to SNOW — recovered then pulling back NOW 24 (stale) 56.7 Major recovery Data refreshed — big bounce from oversold NET N/A (new) 55.6 New add -10% 7D is the key signal to watch MDB N/A (new) 51.2 New add Neutral, below SMA ESTC N/A (new) 56.1 New add At SMA — neutral SHOP N/A (new) 60.0 New add Leader of the group by relative strength
The Gold Key Discoveries Discovery Implication WDAY RSI 29 is the last oversold cloud name The Feb-22 generational entry closed for most names — WDAY is the remaining opportunity CRM RSI 57 from RSI 27 in 4 days Sector bounce was fast and violent — underscore importance of acting at RSI < 30 NET -10% in 7 days despite RSI 56 Could signal a new leg down forming — NET was a momentum leader, now reversing INTU still -30.7% 30D despite recovery Fundamental damage remains — RSI 35 recovery is partial, more upside if thesis intact ETF basket RSI 49-53 = neutral The "generational ETF entry" window (RSI 32-33) has closed — now add on any dip below RSI 40
Mistakes (Don't Repeat) Mistake Lesson Missing NOW recovery (data was stale 02/22) Stale data is a major risk — NOW went from RSI 24 stale to 57 on refresh. Always chase fresh data. Hesitating on CRM at RSI 27 CRM went from RSI 27 to RSI 57 in 4 days. RSI < 30 in quality names = high conviction, fast action.
Open Questions
WDAY : Is RSI 29 a second entry opportunity or the start of another leg down? -27.4% 30D and no recovery = still in distress.NET : What caused the -10% 7D move? Earnings miss? Macro? Need to check news.SNOW and DDOG pulling back: Is this a healthy consolidation or are momentum leaders rolling over?INTU : Tax season is here — does seasonal demand create a fundamental floor or does the -30% 30D signal something more structural?
No direct external sources are attached to this read.