← all events raw scan snapshot Mar 12, 2026 — prices as of scan date, not live 74 rows · screens, not recommendations superseded by2026-04-26-cloud-etfs ported fromresearch/classic/scans/_archive/2026-03-12-cloud-etfs.md scan slugcloud-etfs source typescan-archive
NET rips +10.9% in 7 days and stands alone as the only cloud name with a bullish structure; TEAM , WDAY , and ZS are in freefall while the cloud ETFs stabilize near 3M lows.
Quick Snapshot Signal Reading Overall 🔴 BEARISH — All 4 cloud ETFs in strong-down trend with death crosses; individual SaaS mostly broken. NET is the standout exception. TEAM (-53.5% 3M) is the most alarming. Leaders NET ($212.78, RSI 66.4, +10.9% 7D), CRWD ($441.80, RSI 59.4, +4.6% 7D), DDOG ($128.79, RSI 57) Laggards TEAM ($75.32, -53.5% 3M), WDAY ($136.05, -39.4% 3M), ZS ($151.38, -36.5% 3M), INTU ($438.47, -34.5% 3M)
Price Table — Cloud ETFs (Validated 2026-03-12) Stock Price RSI vs SMA20 7D% 30D% 3M% Trend CLOU $19.76 50.8 +2.6% +0.1% +3.3% -14.0% strong-down IGV $85.62 48.5 +3.0% -2.1% +5.8% -20.7% strong-down WCLD $28.62 48.2 +2.3% -2.2% +4.2% -19.7% strong-down SKYY $112.61 47.0 +0.9% -0.2% +1.0% -14.5% strong-down
Price Table — Cloud Holdings (Validated 2026-03-12) Stock Price RSI vs SMA20 7D% 30D% 3M% Trend NET $212.78 66.4 +13.6% +10.9% +14.9% +5.1% up CRWD $441.80 59.4 +9.2% +4.6% +7.4% -12.5% weak-up DDOG $128.79 57.0 +8.5% +3.3% +2.1% -11.8% weak-up FTNT $84.07 57.1 +3.3% +0.0% -0.2% +2.3% weak-up PANW $167.13 56.7 +6.8% +0.9% +2.7% -12.9% strong-down ORCL $159.93 53.1 +5.0% +5.0% +2.2% -15.6% strong-down S $14.05 54.3 +4.1% +1.1% +5.6% -6.8% weak-up OKTA $78.83 48.0 +1.5% +3.3% -7.2% -12.6% strong-down SNOW $177.92 49.2 +2.6% +2.8% +2.9% -18.4% strong-down CRM $199.83 50.1 +4.1% -3.8% +7.8% -23.7% strong-down ADBE $270.26 45.7 +1.6% -2.7% +3.0% -24.2% strong-down HUBS $260.83 46.4 +1.2% -11.6% +13.9% -30.6% strong-down CDNS $290.87 45.3 -1.8% -2.3% +0.9% -10.0% strong-down SNPS $422.45 42.6 -2.2% -0.3% -0.2% -6.7% strong-down NOW $113.78 47.8 +3.0% -3.7% +10.2% -34.2% strong-down INTU $438.47 47.4 +5.9% -4.5% +10.2% -34.5% strong-down SAP $191.91 37.7 -3.7% -3.4% -5.8% -21.6% strong-down MDB $262.18 32.9 -15.1% +1.8% -26.5% -37.4% down WDAY $136.05 36.5 -2.9% -6.6% -5.6% -39.4% strong-down TEAM $75.32 35.1 -3.8% -7.7% -12.9% -53.5% strong-down ZS $151.38 39.2 -5.8% -4.3% -11.4% -36.5% strong-down
Tier Analysis Capitulation (RSI < 35) — Extreme Washout Stock Price RSI 3M% Notes MDB $262.18 32.9 -37.4% Death cross cleared but trend remains down. -41% from 52wk high. Earnings miss fear. TEAM $75.32 35.1 -53.5% Death cross, -67.8% from 52wk high. Structural breakdown; avoid. WDAY $136.05 36.5 -39.4% Death cross, -48.4% from 52wk high. Enterprise HR spend scrutiny. SAP $191.91 37.7 -21.6% Death cross. German enterprise software under pressure. ZS $151.38 39.2 -36.5% Death cross, -55.1% from 52wk high. Network security budget cuts.
Approaching Oversold (RSI 35–45) — Watch Closely Stock Price RSI Notes SNPS $422.45 42.6 Death cross but relatively contained at -6.7% 3M. EDA duopoly intact. CDNS $290.87 45.3 Death cross, -10% 3M. Relatively resilient vs peers. ADBE $270.26 45.7 Death cross, -24.2% 3M, -36.1% from 52wk high. AI-native competition threat persists.
Neutral (RSI 45–60) — No Urgency Stock Price RSI Notes HUBS $260.83 46.4 -30.6% 3M, -60.5% from 52wk high. Structurally broken. NOW $113.78 47.8 -34.2% 3M, -46.2% from 52wk high. Enterprise IT budget compression. INTU $438.47 47.4 -34.5% 3M, -46.1% from 52wk high. TurboTax cycle headwind. OKTA $78.83 48.0 -37.6% from 52wk high. Identity market competitive. WCLD $28.62 48.2 ETF in stabilization; -19.7% 3M. IGV $85.62 48.5 Broad SaaS index. -20.7% 3M. SNOW $177.92 49.2 -18.4% 3M. Data cloud stabilizing but still weak structure. CRM $199.83 50.1 -23.7% 3M. Salesforce AI pivot being tested. CLOU $19.76 50.8 Best-performing ETF in the group (+3.3% 30D). ORCL $159.93 53.1 Best large-cap cloud; -15.6% 3M but +5% 7D recovery.
Strong (RSI 60+) — Momentum Stock Price RSI Notes DDOG $128.79 57.0 weak-up, +8.5% above SMA20. Observability thesis intact. FTNT $84.07 57.1 weak-up, +3.3% above SMA20. Network security more resilient. PANW $167.13 56.7 +6.8% above SMA20. Platformization thesis. CRWD $441.80 59.4 weak-up, +9.2% above SMA20. Still the cybersec leader. NET $212.78 66.4 Only cloud name with bullish trend. +10.9% 7D, +13.6% above SMA20.
Entry Zones Stock Zone RSI Action Notes MDB $250–$270 32.9 🔍 Watch RSI nearing oversold. Golden cross structural positive. Wait for base. ZS $145–$155 39.2 🔍 Watch -55% from 52wk high. RSI approaching oversold. Knife-catch risk. NET $200–$215 66.4 🔒 Hold Best cloud name. Don't chase +10.9% move; add on pullback to SMA20. CRWD $420–$445 59.4 🔒 Hold Cybersec leader, strong momentum. DDOG $120–$130 57.0 📈 Accumulate Observability leader. Good risk/reward at SMA20. ORCL $150–$162 53.1 📈 Accumulate Best large-cap cloud recovery. +5% 7D suggests floor found. TEAM Avoid 35.1 ❌ Don't Buy -53.5% in 3M. Structural breakdown. WDAY Avoid 36.5 ❌ Don't Buy -39.4% in 3M. Death cross. No floor visible. All ETFs $27–$30 (WCLD) 48 🔍 Watch ETFs stabilizing near 3M lows; wait for RSI > 50 for ETF entry.
Action Matrix Action Stocks Why 🔒 HOLD NET, CRWD NET only true bull; CRWD strong momentum 📈 ACCUMULATE DDOG, ORCL Holding above SMA20, good risk/reward 🔍 WATCH MDB, ZS, SNPS, CDNS Approaching oversold; need base first ⚠️ AVOID INTU, NOW, HUBS, CRM -30%+ 3M with no reversal signal ❌ DON'T BUY TEAM, WDAY, ADBE Structural breakdowns, no floor
What Changed (vs 2026-03-03) Stock Mar-03 Mar-12 Move Note NET ~$190 $212.78, RSI 66.4 Surging +10.9% this week, now clear leader CRWD ~$420 $441.80, +7.4% 30D Strengthening Recovered from 3M trough TEAM — $75.32, -53.5% 3M Collapse Most alarming in group MDB — $262.18, -26.5% 30D Accelerating lower Earnings-driven selloff WDAY — $136.05, -39.4% 3M Deep in drawdown Enterprise HR spending freeze ETFs — All +1–5% 30D Stabilizing 30D bounce but 3M still -14 to -21%
Key Discoveries Discovery Implication NET alone with bullish trend in entire cloud universe Cloudflare AI/network security hybrid thesis outperforming peers TEAM -53.5% in 3M, -67.8% from 52wk high Most severe SaaS breakdown — avoid entirely Cloud ETFs all in strong-down but 30D stabilizing Possible sector floor forming — watch for RSI > 50 confirmation
Open Questions
Is NET divergence sustainable or will it revert to sector weakness?
TEAM : is there a floor below $75 or is this heading toward $50?INTU /NOW -34% 3M: is this multiple compression or earnings risk?
No direct external sources are attached to this read.