Cloud SaaS Candidates

Update

Cloud SaaS Candidates

Cloud SaaS Candidates — March 31, 2026

Overview

SaaS bear market deepening again. DDOG lost its only positive signal — now RSI 45, -5% below SMA20, and flipped to strong-down with death cross. ADBE recovered slightly (RSI 38.2, +0.7% 7D) but remains death cross. MDB approaching capitulation at RSI 35.3, -25.2% 30D. CRWD -3.3% 7D. SNOW now deeply oversold at RSI 34.4, -10.9% below SMA20. ZS RSI 37.3 getting closer to buy territory but -7.1% below SMA20. NOW and CRM flat on the week but structurally broken.

Candidates

Ticker Price RSI Trend 7D 30D Signal Take
ADBE $242.26 38.2 strong-down +0.7% -7.1% DC Approaching oversold. Death cross. Wait for RSI 30 + stabilization.
MDB $243.16 35.3 down -9.7% -25.2% GC Approaching capitulation. -6.2% vs SMA20. Golden cross still intact.
SNOW $151.60 34.4 strong-down -7.6% -11.0% DC Snowflake deeply oversold. -10.9% vs SMA20. Death cross. Broken.
ZS $140.15 37.3 strong-down -4.4% -5.7% DC Getting closer to oversold. -7.1% vs SMA20. Death cross. Structural break.
NOW $104.67 41.3 strong-down -0.9% -4.3% DC ServiceNow flat but -6.5% vs SMA20. Death cross. No floor.
INTU $430.79 45.6 strong-down -1.6% +2.8% DC Death cross, -3.5% vs SMA20. Bounce faded.
CRWD $389.02 43.3 strong-down -3.3% +1.1% DC -6.4% vs SMA20. Death cross. Failed bounce.
CRM $186.62 43.5 strong-down -0.3% -3.3% DC Salesforce flat on week. -3.1% vs SMA20. Death cross. No catalyst.
DDOG $118.11 45.2 strong-down -7.1% +6.3% DC Lost positive signal — flipped to strong-down + death cross. Avoid.

Action Items

  • ADBE: RSI 38 approaching buy zone. Still death cross — only tactical bounce trade, not investment. Watch RSI 28-30.
  • MDB: RSI 35 with golden cross intact is the most interesting setup here. -25% 30D means no floor yet. Watch for RSI 30 entry. Contrarian only.
  • ZS: RSI 37 moving toward oversold. But -44% vs SMA200 (from 03/26) means oversold can persist. Avoid.
  • DDOG: No longer the safe harbor — flipped death cross + strong-down. Wait for trend reversal before re-entering.
  • SNOW/ZS/NOW: Broken. Do not touch.

Key Changes vs 03/26

Ticker Price 03/26 Price 03/31 Move Note
DDOG $124.30 $118.11 -5.0% Flipped death cross + strong-down. Lost only SaaS positive signal.
MDB $241.28 $243.16 +0.8% Slight bounce. RSI 32 → 35. Still approaching capitulation.
ADBE $240.88 $242.26 +0.6% Minor recovery. Still below all major MAs.
SNOW $162.31 $151.60 -6.6% Accelerating lower. RSI 40 → 34.
CRWD $392.22 $389.02 -0.8% Continued slow bleed.
10 events

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