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.
10 events

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