Cloud SaaS

Update

Cloud SaaS

Sector-wide death crosses dominate. META/MSFT/AAPL oversold spillover into SaaS. ADBE $246.79 (RSI 34.1, strong-down DC). MDB $260.88 (RSI 34.7, down). TEAM $74.19 (RSI 36.5, strong-down DC). NET $216.74 (RSI 62.4, up DC — still the lone leader). INTU $455.72 (RSI 52.3 — notable bounce). DDOG $125.77 (RSI 52.2, weak-up DC). CRWD $405.46 (RSI 44.1, strong-down DC).


Quick Snapshot

Signal Reading
Overall 🔴 DEATH CROSSES DOMINATE — NET THE ONLY STRUCTURAL LEADER — 13 of 15 names in death cross. NET $216.74 RSI 62.4 still breaking out (+22.4% 30D). INTU surprise — RSI 52.3, +19.8% 30D bucking the trend. ADBE/MDB both RSI 34 range, no bounce. CRWD RSI 44.1 slipped from 60.
Key insight NET $216.74 RSI 62.4, +22.4% 30D — Cloudflare structural leader confirmed. INTU $455.72 RSI 52.3, +19.8% 30D — biggest surprise, tax software outperforming. CRWD $405.46 RSI 44.1 — slipped hard from 60, strong-down territory now.

Action Matrix

Action Stocks Why
🔒 HOLD NET $216.74, RSI 62.4, +22.4% 30D — theme leader, sustained breakout
🔒 HOLD INTU $455.72, RSI 52.3, +19.8% 30D — tax software bucking SaaS selloff
🔒 HOLD DDOG $125.77, RSI 52.2, +8.7% 30D — observability holding
🔒 HOLD OKTA $79.04, RSI 48.9, +6.4% 30D — identity security steady
🔍 RESEARCH ADBE $246.79, RSI 34.1, -41.7% from high — value trap or oversold entry?
🔍 RESEARCH MDB $260.88, RSI 34.7, -24.3% 30D — MongoDB deeply distressed
🔍 WATCH CRWD $405.46, RSI 44.1, strong-down — cyber leader slipping
🔍 WATCH TEAM $74.19, RSI 36.5, -67.8% from high — Atlassian deeply broken
📈 ACCUMULATE WDAY $136.30, RSI 40.9 — enterprise HR SaaS near oversold
📈 ACCUMULATE ZS $151.62, RSI 38.8 — cyber deeply discounted, -55% from high
⚠️ CAUTION CRM, SHOP, HUBS, NOW, SNOW RSI 40-46, all death crosses, no catalysts

Data (Validated 2026-03-20)

Stock Price 7D 30D 52wkHi RSI SMA20 vs SMA Status Action
ADBE $246.79 -3.0% -4.6% -41.7% 34.1 $262.33 -5.9% 🔴 Strong-down, death cross 🔍 Research
MDB $260.88 +0.9% -24.3% -41.1% 34.7 $281.55 -7.3% 🔴 Down, golden cross — stalling 🔍 Research
TEAM $74.19 -1.1% -2.4% -67.8% 36.5 $76.01 -2.4% 🔴 Strong-down, death cross 🔍 Watch
ZS $151.62 +0.6% -5.1% -55.0% 38.8 $154.97 -2.2% 🔴 Strong-down, death cross 📈 Accumulate
WDAY $136.30 -0.8% -1.1% -48.4% 40.9 $137.54 -0.9% 🔴 Strong-down, death cross 📈 Accumulate
CRWD $405.46 -4.0% +4.3% -28.5% 44.1 $408.92 -0.8% 🔴 Strong-down, death cross 🔍 Watch
HUBS $258.27 -2.2% +10.6% -60.5% 44.8 $264.21 -2.2% 🔴 Strong-down, death cross ⚠️ Caution
CRM $194.46 -1.1% +5.0% -34.3% 46.0 $194.63 -0.1% 🔴 Strong-down, death cross ⚠️ Caution
SNOW $168.25 -2.8% -2.5% -40.0% 42.0 $172.55 -2.5% 🔴 Strong-down, death cross ⚠️ Caution
SHOP $117.01 -4.1% -7.3% -35.8% 40.3 $124.80 -6.2% 🔴 Strong-down, death cross ⚠️ Caution
OKTA $79.04 +0.1% +6.4% -37.6% 48.9 $76.61 +3.2% 🟡 Strong-down, above SMA 🔒 Hold
NOW $110.65 -1.9% +6.1% -47.7% 43.9 $112.80 -1.9% 🔴 Strong-down, death cross ⚠️ Caution
DDOG $125.77 +0.8% +8.7% -37.6% 52.2 $120.42 +4.4% 🟡 Weak-up, death cross 🔒 Hold
INTU $455.72 +3.5% +19.8% -44.0% 52.3 $432.80 +5.3% 🟡 Strong-down, above SMA 🔒 Hold
NET $216.74 +3.2% +22.4% -16.6% 62.4 $195.25 +11.0% 🟢 Up, death cross — leading 🔒 Hold

Key Changes vs 03/13

Stock 03/13 Price 03/20 Price Move Note
NET $212.30 $216.74 +2.1% RSI 66 → 62.4 — slight cooling, still leading, now +22.4% 30D
INTU $438.47 $455.72 +3.9% RSI 47 → 52.3, +19.8% 30D — biggest surprise, bucking trend
CRWD $441.78 $405.46 -8.2% RSI 60 → 44.1 — major deterioration, now strong-down
HUBS $260.83 $258.27 -1.0% RSI 46 → 44.8 — slight softening
DDOG $128.79 $125.77 -2.3% RSI 57 → 52.2 — slight pullback

Key Discoveries

Discovery Implication
CRWD RSI 60 → 44.1, -8.2% week Cybersecurity leader cracking — joins rest of SaaS in death cross territory
INTU +19.8% 30D while SaaS sells off Tax software counter-cyclical — seasonal tailwind into tax season
NET +22.4% 30D sustained for second week Cloudflare structural strength confirmed — security + network edge thesis

Open Questions

  • CRWD deterioration — is cybersecurity sector headwind or company-specific?
  • ADBE/MDB both RSI ~34 — which is better oversold entry if any?
  • INTU seasonal or structural? Does outperformance persist post-tax-season?
10 events

No direct external sources are attached to this read.