Bargain Bin
Bargain Bin
Only 3 names pass the RSI < 35 quality filter: SAP (33.8), SNOW (34.4), MSFT (34.6). These are enterprise software leaders repricing on multiple compression — not broken businesses. The broader bin (RSI 35–40) adds ISRG, ADBE, QCOM, DIS, ZS, NKE, and LULU — deep value territory for patient buyers. The macro backdrop is still falling, so entries should be scaled, not concentrated.
| Signal | Reading |
|---|---|
| Overall | 🟡 Neutral — genuine value emerging but downtrends intact |
| Key insight | Enterprise software (MSFT, SNOW, SAP) and big tech (META, GOOGL) hitting multi-month oversold levels — patience rewarded, not urgency |
RSI < 35 — Deep Oversold (High Priority)
| Stock | Price | RSI | Trend | vs SMA20 | 7D% | 30D% | From High | Action |
|---|---|---|---|---|---|---|---|---|
| SAP | $170.94 | 33.8 ↓ | strong-down | -7.1% | -1.2% | -12.8% | -45.4% | ✅ Strong Buy |
| SNOW | $151.60 | 34.4 ↓ | strong-down | -10.9% | -7.6% | -11.0% | -46.0% | 📈 Accumulate |
| MSFT | $368.57 | 34.6 ↓ | strong-down | -5.3% | -3.8% | -7.5% | -33.6% | ✅ Strong Buy |
RSI 35–40 — Approaching Oversold (Watch Closely)
| Stock | Price | RSI | Trend | 7D% | 30D% | From High | Action |
|---|---|---|---|---|---|---|---|
| ISRG | $460.17 | 35.2 | strong-down | -4.3% | -7.3% | -23.8% | 📈 Accumulate |
| LULU | $151.12 | 35.0 | strong-down | -11.7% | -14.2% | -55.6% | 🔍 Watch |
| NKE | $52.61 | 35.5 | strong-down | -3.8% | -13.8% | -34.4% | 🔍 Watch |
| ZS | $140.15 | 37.3 | strong-down | -4.4% | -5.7% | -58.4% | ⚠️ Caution |
| ADBE | $242.26 | 38.2 | strong-down | +0.7% | -7.1% | -42.7% | 📈 Accumulate |
| DIS | $95.80 | 37.4 | strong-down | -3.2% | -8.2% | -23.2% | 🔍 Watch |
| UPS | $97.19 | 38.3 | weak-down | -3.0% | -15.1% | -20.6% | 🔍 Watch |
| CEG | $275.59 | 38.0 | strong-down | +0.6% | -15.7% | -33.2% | 🔍 Watch |
| GE | $284.42 | 38.3 | down | -5.2% | -17.6% | -18.4% | 🔍 Watch |
| MCD | $309.78 | 38.8 | weak-down | -0.6% | -7.0% | -9.4% | 🔍 Watch |
| HD | $328.70 | 38.1 | strong-down | -1.4% | -10.8% | -23.0% | 🔍 Watch |
| QCOM | $128.26 | 36.2 | strong-down | -0.4% | -8.5% | -37.7% | 📈 Accumulate |
| DPZ | $357.95 | 36.6 | strong-down | -2.8% | -10.4% | -28.3% | 🔍 Watch |
| META | $570.00 | 39.4 | strong-down | -6.7% | -12.7% | -28.4% | 📈 Accumulate |
| TSLA | $369.02 | 40.1 | down | -7.6% | -8.5% | -26.0% | 🔍 Watch |
| GOOGL | $286.81 | 40.2 | weak-down | -3.8% | -6.4% | -17.8% | 📈 Accumulate |
RSI 40–50 — Neutral Zone (Monitor)
| Stock | Price | RSI | Trend | 7D% | 30D% | From High | Action |
|---|---|---|---|---|---|---|---|
| AAPL | $252.42 | 45.2 | weak-down | -2.4% | -4.7% | -12.5% | 🔒 Hold |
| NVDA | $172.91 | 44.1 | down | -5.3% | -5.2% | -18.5% | 🔍 Watch |
| AVGO | $307.08 | 43.1 | strong-down | -7.0% | -3.5% | -25.9% | 🔍 Watch |
| SBUX | $89.26 | 39.5 | weak-down | -6.2% | -7.8% | -14.8% | 🔍 Watch |
| LLY | $916.02 | 40.9 | weak-down | -1.6% | -10.0% | -19.2% | 🔍 Watch |
Oversold but Avoid (Broken Thesis)
| Stock | Price | RSI | Issue |
|---|---|---|---|
| ZS | $140.15 | 37.3 | -58.4% from high — cybersec repricing structural |
| WDAY | $129.76 | 39.8 | -53.0% from high — HCM SaaS secular pressure |
| NOW | $104.67 | 41.3 | -50.5% from high — ServiceNow growth deceleration |
| EOSE | $4.80 | 32.9 | -75.8% from high — energy storage pre-revenue, avoid |
| ASAN | $6.34 | 33.4 | -66.7% from high — work management race to bottom |
| TTD | $23.08 | 41.0 | -74.8% from high — ad-tech structural shift |
Key Observations
MSFT is the Crown Jewel: RSI 34.6, -33.6% from high, -7.5% 30D. Azure growth has been decelerating but MSFT has $13B+ in annual free cash flow, Copilot monetization beginning, and a balance sheet that absorbs any macro shock. At this RSI, the market is pricing in a recession scenario for enterprise IT. That's the entry signal.
SAP Deeply Oversold: RSI 33.8, -45.4% from 52wk high. European enterprise software leader; RISE with SAP cloud migration multi-year tail. The -29.6% 3M drawdown is excessive relative to fundamentals.
SNOW Washout Continues: RSI 34.4, -46% from high. Snowflake is caught between hyperscaler competition (Databricks) and the data warehouse commoditization narrative. Still best-in-class execution but the multiple has been permanently reset lower. This is a value play, not a momentum play.
LULU Red Flag: -55.6% from high with RSI 35 — but the -14.2% 30D and -11.7% 7D accelerating decline is worrying. The China slowdown + US consumer pullback thesis is hitting athleisure hard. Watch for earnings guidance before entry.
ISRG at RSI 35.2: Surgical robotics with genuine monopoly in laparoscopic procedures. -23.8% from high. Procedure volume recovery post-COVID is real. RSI 35 is historically a good entry for this one — but the strong-down trend means scaling in, not going all-in.
ZS / WDAY / NOW — Value Traps: Avoid despite low RSIs. Enterprise cybersec (ZS) repricing as competitors narrow the gap, HCM SaaS (WDAY) facing AI disruption narrative, and ServiceNow (NOW) having priced in hypergrowth that's not materializing. -50% to -58% from highs with no clear catalyst to reverse.
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| ✅ STRONG BUY | MSFT, SAP | RSI < 35; enterprise leaders; thesis intact |
| 📈 ACCUMULATE | ISRG, ADBE, QCOM, META, GOOGL | RSI 35-40; quality names; scale in |
| 🔍 WATCH | LULU, NKE, CEG, GE, DIS, HD | Approaching oversold; wait for stabilization |
| ⚠️ CAUTION | ZS, WDAY, NOW, TTD | Oversold but structurally impaired |
| ❌ AVOID | ASAN, EOSE, TTD | Broken thesis; no floor visible |
Data: 2026-03-31 pre-computed summaries. RSI < 35 filter applied. Quality rank: moat strength + distance from high + trend.
Related
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