Tech Insider Buys Scan
Tech Insider Buys Scan
The tech insider buys universe is deeply bifurcated: DOCN (+66.6% 3M, RSI 69.2), CFLT (RSI 72.9, strong-up), and NET (+22.4% 30D, RSI 62.4) are the clear winners bucking the tech selloff, while ADBE, ZS, ESTC, and SNOW remain deep in structural downtrends — insider buying earlier has not prevented further pain.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 BIFURCATED — A few names are working (DOCN, NET, CFLT, AKAM, FSLY), most are in structural downtrends |
| Strong Momentum | DOCN (RSI 69.2, +66.6% 3M), CFLT (RSI 72.9, near 52wk high), AKAM (RSI 62.9, +22.2% 3M), NET (RSI 62.4, +22.4% 30D) |
| Oversold | ADBE (RSI 34.1, -31% 3M), MDB (RSI 34.7, -40.7% 3M), SNOW (RSI 42), ZS (RSI 38.8, -34.7% 3M) |
| Key theme | Cloud infrastructure (NET, DOCN, AKAM, CFLT) outperforming enterprise SaaS (ADBE, SNOW, NOW, CRM, WDAY) |
Price Table (Data as of 2026-03-20)
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Status | Action |
|---|---|---|---|---|---|---|---|---|---|
| ASAN | $6.66 | 31.6 | -7.1% | -5.3% | -8.3% | -53.7% | strong-down | 🔴 Collapse | ❌ Avoid |
| TSLA | $368.57 | 31.4 | -7.5% | -4.0% | -10.5% | -24.6% | down | 🟡 Near Oversold | 🔍 Watch |
| CRSP | $46.40 | 36.8 | -14.0% | -4.5% | -13.2% | -19.9% | strong-down | 🔴 Breakdown | ❌ Avoid |
| AVGO | $312.37 | 40.3 | -4.3% | -4.1% | -6.1% | -8.5% | down | 🟡 Weakening | 🔍 Watch |
| AMD | $198.92 | 46.4 | -0.7% | +4.2% | -0.6% | -7.5% | weak-down | 🟡 Neutral | 🔍 Watch |
| CRM | $194.46 | 46.0 | -0.1% | -1.1% | +5.0% | -26.5% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| ADBE | $246.79 | 34.1 | -5.9% | -3.0% | -4.6% | -31.0% | strong-down | 🔴 Breakdown | ❌ Avoid |
| PLTR | $149.74 | 49.5 | +1.5% | +2.5% | +10.7% | -22.8% | strong-down | 🟡 Neutral | 🔍 Watch |
| NOW | $110.65 | 43.9 | -1.9% | -1.9% | +6.1% | -29.4% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| DDOG | $125.77 | 52.2 | +4.4% | +0.8% | +8.7% | -11.3% | weak-up | 🟡 Neutral | 🔍 Watch |
| NET | $216.74 | 62.4 | +11.0% | +3.2% | +22.4% | +7.3% | up | 🟢 Momentum | 🔒 Hold |
| FSLY | $24.90 | 66.6 | +14.4% | +3.6% | +37.7% | +132.6% | strong-up | 🟢 Parabolic | ⚠️ Don't Chase |
| AKAM | $110.08 | 62.9 | +6.5% | +0.9% | +16.9% | +22.2% | strong-up | 🟢 Momentum | 🔒 Hold |
| MDB | $260.88 | 34.7 | -7.3% | +0.9% | -24.3% | -40.7% | down | 🔴 Breakdown | ❌ Avoid |
| SNOW | $168.25 | 42.0 | -2.5% | -2.8% | -2.5% | -25.8% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| DDOG | $125.77 | 52.2 | +4.4% | +0.8% | +8.7% | -11.3% | weak-up | 🟡 Neutral | 🔍 Watch |
| CFLT | $30.99 | 72.9 | +0.8% | +0.9% | +0.9% | +3.5% | strong-up | 🟠 Near Overbought | 🔒 Hold |
| ESTC | $53.53 | 42.7 | -0.9% | +5.9% | -7.9% | -31.8% | strong-down | 🔴 Structural Down | ❌ Avoid |
| DOCN | $82.01 | 69.2 | +27.3% | +23.1% | +28.9% | +66.6% | strong-up | 🟢 Breakout | 🔒 Hold |
| CRM | $194.46 | 46.0 | -0.1% | -1.1% | +5.0% | -26.5% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| NOW | $110.65 | 43.9 | -1.9% | -1.9% | +6.1% | -29.4% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| CRWD | $405.46 | 44.1 | -0.8% | -4.0% | +4.3% | -16.1% | strong-down | 🔴 Structural Down | ⚠️ Avoid |
| PANW | $163.33 | 48.6 | +2.4% | +0.4% | +9.8% | -13.8% | strong-down | 🟡 Neutral | 🔍 Watch |
| ZS | $151.62 | 38.8 | -2.2% | +0.6% | -5.1% | -34.7% | strong-down | 🔴 Breakdown | ❌ Avoid |
| FTNT | $81.07 | 46.1 | -0.7% | -1.6% | +1.3% | -0.8% | weak-up | 🟡 Neutral | 🔍 Watch |
| OKTA | $79.04 | 48.9 | +3.2% | +0.1% | +6.4% | -13.1% | strong-down | 🟡 Neutral | 🔍 Watch |
Tier Analysis
Tier 1 — What's Actually Working (Strong Momentum)
DOCN — RSI 69.2, +27.3% above SMA20, +66.6% 3M, strong-up, golden cross DigitalOcean is the breakout story of this scan. The simplicity-focused cloud provider is seeing a surge — likely driven by developers seeking AWS/Azure alternatives amid cost consciousness. +122% 1Y alpha of 103.8%. Near 52wk high. Don't chase but hold if long.
FSLY — RSI 66.6, +14.4% above SMA20, +132.6% 3M Fastly is in a parabolic move — +250% 1Y, +132.6% 3M. CDN/edge computing space getting a re-rating. Near 52wk high. Classic overbought momentum; hold if long, absolutely do not chase.
CFLT — RSI 72.9, strong-up, +24.7% above SMA200, near 52wk high Confluent (Kafka streaming) at RSI 72.9 is approaching overbought. Lowest SMA200 deviation in the universe at +24.7%. Data streaming infrastructure demand intact.
NET — RSI 62.4, +11% above SMA20, +22.4% 30D, up trend Cloudflare is leading the cybersecurity/edge space. +81.9% 1Y, +22.4% 30D — consistent quality compounder recovering from prior oversold. Death cross is the only headwind.
AKAM — RSI 62.9, strong-up, +30.1% above SMA200, near 52wk high Akamai quietly up +22.2% 3M, RSI 62.9 with +30.1% above SMA200. CDN legacy business plus cloud security pivot working.
Tier 2 — Neutral / Recovering (Watch List)
DDOG — RSI 52.2, +4.4% above SMA20, +8.7% 30D. Datadog is outperforming peers — one of the few SaaS names with positive 30D return. Weak-up trend, death cross headwind. Potential leadership name if tech recovers.
PLTR — RSI 49.5, +10.7% 30D. Palantir recovered from deep oversold. Structurally weak trend but a bounce underway. Government AI contract pipeline matters more than the RSI level here.
OKTA — RSI 48.9, +6.4% 30D, +3.2% above SMA20. Identity security bouncing but structurally broken (-11.6% below SMA200).
AMD — RSI 46.4, +4.2% 7D. AMD bouncing within its weak-down trend. Custom GPU/CPU story intact but needs trend repair.
Tier 3 — Structural Downtrends (Avoid)
ZS — RSI 38.8, -34.7% 3M, -41.3% below SMA200. Zscaler in structural impairment. Competitive pressure from PANW bundling accelerating.
ADBE — RSI 34.1, -31% 3M, -26.4% below SMA200. Adobe's AI monetization story is failing to offset declining Creative Cloud growth concerns. Death cross.
MDB — RSI 34.7, -40.7% 3M, death cross. MongoDB in sharp decline; Atlas cloud transition uncertainty.
SNOW — RSI 42, -25.8% 3M, strong-down. Snowflake's growth deceleration is a real thesis impairment — not just macro.
ESTC — RSI 42.7, -31.8% 3M, -31% below SMA200. Elastic being displaced by competing vector search solutions.
ASAN — RSI 31.6, -53.7% 3M, -47.2% below SMA200. Asana in free fall; project management commoditization.
Entry Zones
| Stock | Entry Zone | RSI | Conviction | Notes |
|---|---|---|---|---|
| 🔒 DOCN | Hold / don't add above $80 | RSI 69.2 — elevated | HIGH (hold) | Parabolic move; hold if long, wait for pullback to add |
| 🔒 NET | Hold / add on dips <$210 | RSI 62.4 — rising | HIGH | Cloud/security compounder; dip buy zone $200–210 |
| 🔒 AKAM | Hold | RSI 62.9 — elevated | MEDIUM | CDN/security hybrid near 52wk high; don't chase |
| 🔒 CFLT | Hold / tight stop | RSI 72.9 — near overbought | MEDIUM | Data streaming leader; RSI stretched, hold with tight stop |
| ⚠️ FSLY | Don't chase | RSI 66.6, +132.6% 3M | LOW | Parabolic without fundamental anchor; reversal risk high |
| 🔍 DDOG | $115–125 | RSI 52.2 | MEDIUM | Best recovering SaaS name; wait for pullback to SMA20 |
| 🔍 PANW | $155–165 | RSI 48.6 | MEDIUM | Cybersecurity leader bouncing; wait for trend repair |
| 🔍 AMD | $190–200 | RSI 46.4 | MEDIUM | Bouncing; need SMA20 reclaim for conviction |
| ❌ ZS | Avoid | RSI 38.8 | NONE | Structural impairment; competitive threat real |
| ❌ ADBE | Avoid | RSI 34.1 | NONE | Death cross + -31% 3M + AI uncertainty |
| ❌ MDB | Avoid | RSI 34.7 | NONE | -40.7% 3M; thesis in question |
| ❌ ASAN | Avoid | RSI 31.6 | NONE | Free fall; -53.7% 3M is catastrophic |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | DOCN, NET, AKAM, CFLT | Momentum intact; quality leaders in bull moves |
| 🔍 WATCH | DDOG, PLTR, PANW, OKTA, AMD, AVGO, CRWD | Recovering or neutral; await trend confirmation |
| ⚠️ AVOID | FSLY (at current price), CRM, NOW, SNOW | Overbought or structurally broken |
| ❌ AVOID | ASAN, ADBE, ZS, MDB, ESTC, CRSP | Structural downtrends with no floor signal |
What Changed (vs 2026-03-12)
| Stock | 03-12 Status | 03-20 Status | Change | Note |
|---|---|---|---|---|
| DOCN | Unknown | RSI 69.2, +66.6% 3M | ↑ Major | Breakout; cloud infrastructure re-rating |
| FSLY | Unknown | RSI 66.6, +132.6% 3M | ↑ Parabolic | CDN re-rating; extreme move |
| NET | ~RSI 45 | RSI 62.4, +22.4% 30D | ↑ Recovery | Cloudflare leading cyber/edge recovery |
| AKAM | Unknown | RSI 62.9, strong-up | ↑ | Quiet compounder breaking out |
| ADBE | Deep oversold | RSI 34.1, -31% 3M | ↓ Continues | No bottom; still falling |
| ASAN | Deep oversold | RSI 31.6, -53.7% 3M | ↓ Accelerating | Catastrophic; avoid |
| ZS | Oversold | RSI 38.8, -34.7% 3M | ↓ | Structural damage deepening |
Key Discoveries
| Discovery | Implication |
|---|---|
| DOCN +66.6% 3M, RSI 69.2 | DigitalOcean breakout is the biggest anomaly — small cloud providers outperforming hyperscalers |
| FSLY +132.6% 3M parabolic | CDN/edge computing seeing a massive re-rating; may be insider buy thesis playing out |
| NET +22.4% 30D while peers collapse | Cloudflare decoupling from SaaS weakness — security + edge network is a defensive moat |
| CFLT, AKAM, DDOG all outperforming | Infrastructure > application layer; data streaming, CDN, and observability > pure SaaS |
Open Questions
- Is DOCN's move sustainable or is this a short squeeze? Check float and institutional positioning.
- FSLY +132.6% 3M — is there a product catalyst or just technical squeeze?
- Will NET hold RSI 62 or pull back to retest SMA20? That's the add zone.
- ADBE at RSI 34 with -31% 3M: When does the capitulation bounce come, and is the thesis permanently impaired?
Scan universe: 25 tech/SaaS/cybersecurity names with recent insider buy signals. Date: 2026-03-20.
Related
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