Cloud & SaaS Scan
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Cloud & SaaS Scan
raw scan snapshot — prices as of scan date, not live 50 rows · screens, not recommendations superseded by2026-04-26-cloud-etfsported fromresearch/classic/scans/_archive/2026-03-10-cloud-etfs.mdscan slugcloud-etfssource typescan-archive
Cloud recovery accelerating — INTU surging +12.4% 30D, DDOG and NET ripping higher. WDAY rebounding from Feb lows. ETFs (WCLD, IGV, CLOU) all bouncing. NOW still depressed but stabilizing.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 RECOVERING — Cloud sector bottomed in late Feb and is now in strong bounce mode. INTU leading, DDOG/NET following. Rotation back into growth underway. |
| Leaders | INTU ($473.67, +12.4% 30D, +13.0% 7D), NET ($201.48, +11.9% 30D), DDOG ($128.56, +15.7% 7D) |
| Laggards | NOW ($107.57, -21.1% 30D — stale 02/26 data), CRM ($198.15, -13.6% 30D — stale 02/26 data) |
Price Table (Validated 2026-03-10)
| Stock | Price | 7D | 30D | Data Date | Signal |
|---|---|---|---|---|---|
| WCLD | $29.61 | +6.7% | +3.5% | 03/10 | 🟢 Cloud ETF bouncing, above Feb highs |
| IGV | $87.71 | +6.0% | +2.7% | 03/10 | 🟢 Software ETF recovering strongly |
| CLOU | $19.88 | +5.1% | +1.5% | 03/10 | 🟢 Cloud ETF bounce confirmed |
| CRM | $198.15 | +6.9% | -13.6% | 02/26 | 🟡 Stale — was bouncing from $178 lows (RSI 57) |
| NOW | $107.57 | +0.2% | -21.1% | 02/26 | 🟡 Stale — deepest drawdown, recovering from $100 (RSI 57) |
| WDAY | $148.14 | +10.5% | -3.3% | 03/10 | 🟢 Strong bounce from $129 Feb low |
| INTU | $473.67 | +13.0% | +12.4% | 03/10 | 🟢 Surging — earnings beat driving momentum |
| SNOW | $182.84 | +7.3% | +0.1% | 03/10 | 🟢 Recovered from $157 low, back to breakeven |
| DDOG | $128.56 | +15.7% | -0.9% | 03/10 | 🟢 V-shaped recovery from $102 low |
| NET | $201.48 | +11.3% | +11.9% | 03/10 | 🟢 Breaking out, approaching $200+ territory |
Tier Analysis
Capitulation (RSI < 25) — Extreme Washout
None currently. Cloud came out of capitulation in late Feb.
Oversold (RSI 25-40) — Watch for Entry
None with current data. Sector has bounced above oversold levels.
Neutral (RSI 40-60) — Building Momentum
| Stock | RSI | Trend |
|---|---|---|
| CRM | 57 (02/26) | Bouncing from $178 low. Need current data — likely higher now. |
| NOW | 57 (02/26) | Still -21% from 30D ago but stabilizing at $107. Need fresh data. |
| SNOW | ~50-55 | Recovered to breakeven. Volatile but direction is up. |
Strong (RSI 60+) — Momentum
| Stock | Est. RSI | Trend |
|---|---|---|
| INTU | ~70-75 | Surging — +13% in 7D. Approaching overbought. |
| DDOG | ~65-70 | V-shaped recovery. +15.7% 7D is aggressive. |
| NET | ~65-70 | Breaking $200. Best momentum in cloud. |
| WDAY | ~55-60 | Strong bounce but still below Feb high. |
| WCLD | ~55-60 | ETF confirming broad cloud recovery. |
| IGV | ~55-60 | Software ETF above Feb starting point. |
Entry Zones
| Stock | Zone | Thesis |
|---|---|---|
| 🟢 NOW | $100-$110 | Still -21% 30D. Workflow automation monopoly. Best value in cloud if thesis intact. |
| 🟢 CRM | $185-$200 | Still -13.6% 30D despite bounce. AI narrative + Agentforce. |
| 🟡 WDAY | $135-$148 | Bounced from $129 but still below SMA. HCM/finance cloud leader. |
| 🟡 SNOW | $165-$180 | Data cloud thesis. Volatile but recovering. |
| ⚠️ INTU | Wait | +13% in 7D = overbought. Wait for pullback to $440-$450. |
| ⚠️ DDOG | Wait | +15.7% 7D. Don't chase. Next entry on pullback to $115-$120. |
| ⚠️ NET | Wait | Breaking $200 but extended. Entry zone $180-$190 on any dip. |
| 🔒 WCLD/IGV/CLOU | Hold/Accumulate | ETFs confirming sector rotation. DCA on any pullback. |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| NOW | 🟡 RSI 57 (stale) | 📈 Accumulate | Deepest drawdown in group = best value. -21% 30D. |
| CRM | 🟡 RSI 57 (stale) | 📈 Accumulate | -13.6% 30D. Bouncing but still discounted. |
| WDAY | 🟢 Bouncing | 🔍 Watch | +10.5% 7D is fast. Wait for consolidation. |
| SNOW | 🟢 Recovering | 🔍 Watch | Back to breakeven. Needs to hold $175+. |
| INTU | 🟢 ~RSI 70+ | ⚠️ Avoid | Don't chase. +13% 7D, +12.4% 30D. Extended. |
| DDOG | 🟢 ~RSI 65-70 | ⚠️ Avoid | +15.7% 7D. V-shape = fast money. Pullback coming. |
| NET | 🟢 ~RSI 65-70 | ⚠️ Avoid | Breaking $200 but overbought. Wait. |
| WCLD | 🟢 Bouncing | 🔒 Hold | Broad cloud recovery confirmed. |
| IGV | 🟢 Bouncing | 🔒 Hold | Software ETF strength. |
| CLOU | 🟢 Bouncing | 🔒 Hold | Cloud ETF trending up. |
What Changed (vs 2026-03-03)
| Stock | Mar-03 | Mar-10 | Move | Note |
|---|---|---|---|---|
| INTU | ~$433 | $473.67 | +9.4% | Earnings-driven surge continuing. Strongest name. |
| DDOG | ~$111.77 | $128.56 | +15.0% | V-shaped bounce from $102 low. Observability thesis intact. |
| NET | ~$178.91 | $201.48 | +12.6% | Broke $200. Zero trust + AI inference driving narrative. |
| WDAY | ~$143.61 | $148.14 | +3.2% | Earnings beat (02/25) still being digested positively. |
| SNOW | ~$165.79 | $182.84 | +10.3% | Strong recovery from $157 low. |
| WCLD | ~$28.28 | $29.61 | +4.7% | ETF confirming sector-wide bounce. |
| IGV | ~$84.12 | $87.71 | +4.3% | Software ETF gaining. |
Key Discoveries
| Discovery | Implication |
|---|---|
| Cloud sector in coordinated bounce — all 3 ETFs up 3-7% in 7D | Sector rotation back into growth is real, not just single-stock moves |
| DDOG +15.7% 7D, NET +11.3% 7D, INTU +13% 7D | Momentum names leading — classic risk-on behavior |
| NOW still -21% 30D despite sector bounce | Largest drawdown = best contrarian value if macro stabilizes |
Open Questions
Related
10 events DateTypeEvent
Mar 12 ScanCloud ETFs Scan Mar 3 ScanCloud ETFs & SaaS Scan Mar 11 ArticleMarket Status Report Feb 26 ScanCloud ETFs Scan Mar 3 ArticleMarket Status Report Mar 31 ScanCloud ETFs Scan Feb 16 ScanCloud ETFs Scan Mar 10 ArticleMarket Status Report (UPDATED w/ Fresh Close Prices) Mar 12 ArticleMarket Status Report Mar 13 ArticleMarket Status Report No direct external sources are attached to this read.