Broad SaaS rally continues. SNOW surged to $182.84 (+10.5%). DDOG $128.56 (+15.0%). CRWD $434.13 (+10.8%). NET $201.48 (+12.7%). SHOP $133.50 (+9.4%). INTU $473.67 (+9.3%). WDAY $148.14 (+3.2%). ZS $162.62 (+5.1%). ADBE still stale 02/05.
Quick Snapshot
| Signal |
Reading |
| Overall |
🟢 STRONG RECOVERY — SaaS broad rally accelerating. DDOG +15%, NET +12.7%, CRWD +10.8%, SNOW +10.5% vs 03/03. INTU continuing surge. ZS/WDAY lagging but positive. ADBE still stale. |
| Key insight |
DDOG $128.56 approaching 52wk high $129.67. NET $201.48 above prior 52wk high $195.85 — new highs. SNOW $182.84 near 52wk high $182.58 — also at new highs. SHOP $133.50 above prior 52wk high $127.24. |
Action Matrix
| Action |
Stocks |
Why |
| ✅ BUY |
ADBE |
RSI 30 (stale 02/05), -19.8% 30D — creative cloud leader, verify current RSI |
| 📈 ACCUMULATE |
WDAY |
$148.14, recovering — still -12.9% below 52wk high $170.15 |
| 📈 ACCUMULATE |
ZS |
$162.62, recovering — still -12.5% below 52wk high $185.79 |
| 🔒 HOLD |
SNOW |
$182.84, at new 52wk high — data cloud surging |
| 🔒 HOLD |
DDOG |
$128.56, near 52wk high $129.67 — strong recovery |
| 🔒 HOLD |
NET |
$201.48, above prior 52wk high — outperformer |
| 🔒 HOLD |
SHOP |
$133.50, above prior 52wk high $127.24 — new highs |
| 🔒 HOLD |
CRWD |
$434.13, above prior 52wk high $429.64 — new highs |
| 🔒 HOLD |
CRM |
$198.15 (stale 02/26), RSI 57 — above SMA |
| 🔒 HOLD |
NOW |
$107.57 (stale 02/26), RSI 57 — recovery holding |
| ⚠️ WATCH |
INTU |
$473.67, above prior 52wk high $445.64 — extended, new highs |
| ⚠️ WATCH |
OKTA |
$72.52 (stale 03/03), -13.1% 30D — not keeping up |
Data (Validated 2026-03-10)
| Stock |
Price |
7D |
30D |
52wkHi |
RSI |
SMA20 |
vs SMA |
Status |
Action |
| ADBE |
$269.39 |
— |
-19.8% |
$339.04 |
30 |
$300.08 |
-10.2% |
🔴 Oversold (stale 02/05) |
✅ Buy |
| OKTA |
$72.52 |
— |
-13.1% |
$88.45 |
— |
— |
— |
🟡 Stale 03/03 |
⚠️ Watch |
| ZS |
$162.62 |
+5.1% |
— |
$185.79 |
— |
— |
— |
🟡 Recovering |
📈 Accumulate |
| WDAY |
$148.14 |
+3.2% |
— |
$170.15 |
— |
— |
— |
🟡 Recovering |
📈 Accumulate |
| SNOW |
$182.84 |
+10.5% |
— |
$182.84 |
— |
— |
— |
🟢 New 52wk high |
🔒 Hold |
| DDOG |
$128.56 |
+15.0% |
— |
$129.67 |
— |
— |
— |
🟢 Near 52wk high |
🔒 Hold |
| SHOP |
$133.50 |
+9.4% |
— |
$133.50 |
— |
— |
— |
🟢 New 52wk high |
🔒 Hold |
| CRM |
$198.15 |
— |
-13.6% |
$229.40 |
57 |
$192.90 |
+2.7% |
🟢 Recovering (stale 02/26) |
🔒 Hold |
| NOW |
$107.57 |
— |
-21.1% |
$136.34 |
57 |
$106.89 |
+0.6% |
🟢 At SMA (stale 02/26) |
🔒 Hold |
| NET |
$201.48 |
+12.7% |
— |
$201.48 |
— |
— |
— |
🟢 New 52wk high |
🔒 Hold |
| CRWD |
$434.13 |
+10.8% |
— |
$434.13 |
— |
— |
— |
🟢 New 52wk high |
🔒 Hold |
| INTU |
$473.67 |
+9.3% |
— |
$473.67 |
— |
— |
— |
🟠 Extended, new highs |
⚠️ Watch |
Note: ADBE data as of 02/05, CRM/NOW as of 02/26, OKTA as of 03/03 — stale. Multiple names at or above prior 52wk highs.
Key Changes vs 03/03
| Stock |
03/03 Price |
03/10 Price |
Move |
Note |
| DDOG |
$111.77 |
$128.56 |
+15.0% |
Near 52wk high $129.67 — massive recovery |
| NET |
$178.83 |
$201.48 |
+12.7% |
Above prior 52wk high $195.85 — new highs |
| CRWD |
$391.83 |
$434.13 |
+10.8% |
Above prior 52wk high $429.64 — new highs |
| SNOW |
$165.51 |
$182.84 |
+10.5% |
At new 52wk high $182.84 |
| INTU |
$433.35 |
$473.67 |
+9.3% |
Continuing surge — now well above prior 52wk high $445.64 |
| SHOP |
$122.00 |
$133.50 |
+9.4% |
Above prior 52wk high $127.24 |
| ZS |
$154.67 |
$162.62 |
+5.1% |
Recovering but still lagging |
| WDAY |
$143.61 |
$148.14 |
+3.2% |
Continued recovery — still most lagging |
Key Discoveries
| Discovery |
Implication |
| 6 SaaS names at or above 52wk highs (NET, CRWD, SNOW, SHOP, INTU, DDOG) |
Broad SaaS breakout — sector rotation into cloud |
| NET +12.7%, DDOG +15.0% in one week |
Observability and edge networking leading the recovery |
| ADBE still stale at RSI 30 while peers surge |
ADBE may have recovered significantly — needs urgent fresh data |
Mistakes (Don't Repeat)
| Mistake |
Lesson |
| Waiting for confirmation on RSI 35 INTU |
RSI 35 was the entry — now +21.6% above that level |
Open Questions
- ADBE RSI 30 (stale 02/05) — has it recovered with the SaaS rally? Urgent refresh needed
- ZS/OKTA still lagging the broad SaaS rally — structural issues?
- Multiple names at new 52wk highs — is this a breakout or exhaustion?
- CRM/NOW stale since 02/26 — likely participated in rally, need fresh data