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. |
Related
10 eventsNo direct external sources are attached to this read.