Cloud SaaS Candidates
Update
Cloud SaaS Candidates
Cloud SaaS Candidates — March 26, 2026
Overview
SaaS bear market deepening. The entire sector has accelerated lower — CRWD -10.3% this week alone, ZS -10.9%, NOW -9.1%. ADBE still in oversold territory at RSI 33.7. DDOG is the sole bright spot: weak-up trend, RSI 50, and holding above SMA20/50. INTU bounced but still -31.7% below SMA200. MDB approaching capitulation at RSI 32 with -27% 30D. ZS now -44.5% below SMA200 — catastrophic.
Candidates
| Ticker | Price | RSI | Trend | 7D | 30D | Signal | Take |
|---|---|---|---|---|---|---|---|
| DDOG | $124.30 | 50.2 | weak-up | -3.5% | +11.0% | DC | Only SaaS name with any technical positivity. Hold. |
| ADBE | $240.88 | 33.7 | strong-down | -3.9% | -8.2% | DC | Oversold but death cross — wait for RSI < 30 and stabilization. |
| INTU | $432.55 | 44.8 | strong-down | -6.4% | +5.8% | DC | Bounce fading. -31.7% vs SMA200. Death cross. |
| CRWD | $392.22 | 41.1 | strong-down | -10.3% | +2.9% | DC | Sharp weekly drop. -15.9% vs SMA200. Bounce failed. |
| MDB | $241.28 | 32.2 | down | -7.0% | -26.5% | GC | Approaching oversold. -22.6% vs SMA200. Knife-catching risk. |
| CRM | $185.57 | 39.8 | strong-down | -6.8% | -4.7% | DC | Salesforce -22.3% vs SMA200. No catalyst. |
| NOW | $103.62 | 36.4 | strong-down | -9.1% | -4.1% | DC | ServiceNow -36.4% vs SMA200. -51% from 52wk high. |
| ZS | $141.50 | 33.6 | strong-down | -10.9% | -3.7% | DC | Zscaler -44.5% vs SMA200. -58% from 52wk high. Broken. |
Action Items
- DDOG: Best technical setup in SaaS — the one to own if sector recovers.
- ADBE: RSI 33 is approaching buy zone but death cross makes it a bounce trade only. Wait for RSI 28-30.
- MDB: RSI 32 getting interesting but -26.5% 30D suggests no floor yet.
- ZS/NOW: Avoid. These are structural breaks, not tactical dips.
Related
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