Cloud SaaS Candidates

Update

Cloud SaaS Candidates

Cloud SaaS Candidates — April 10, 2026

Overview

SaaS carnage accelerated. SNOW crashed to RSI 21 — $121.61, -11.1% 7D, -30.6% 30D, -23.2% below SMA20. Capitulation territory. NOW RSI 22 at $82.40 — -12.8% 7D, -29.3% 30D. INTU RSI 25 at $343.68 — -13.3% 7D. HUBS RSI 25 at $190.44 — -16.2% 7D. TEAM RSI 26 at $57.58 — -13.9% 7D. ZS RSI 26 at $116.68 — -12.1% 7D. CRM RSI 27 at $164.53. Every single cloud SaaS name is in strong-down with death crosses. This is a sector-wide capitulation event.

Candidates

Ticker Price RSI Trend 7D 30D Signal Take
SNOW $121.61 21.2 strong-down -11.1% -30.6% DC CAPITULATION. -23.2% below SMA20. -42.8% vs SMA200. Extreme.
NOW $82.40 22.0 strong-down -12.8% -29.3% DC CAPITULATION. -21.2% below SMA20. -47.9% vs SMA200. Extreme.
INTU $343.68 24.5 strong-down -13.3% -24.1% DC CAPITULATION. -19.0% below SMA20. -44.0% vs SMA200.
HUBS $190.44 25.4 strong-down -16.2% -29.3% DC CAPITULATION. -21.4% below SMA20. -52.1% vs SMA200.
TEAM $57.58 26.0 strong-down -13.9% -26.2% DC CAPITULATION. -16.3% below SMA20. -60.1% vs SMA200.
ZS $116.68 26.2 strong-down -12.1% -25.5% DC CAPITULATION. -17.9% below SMA20. -52.7% vs SMA200.
CRM $164.53 27.3 strong-down -8.2% -15.4% DC Approaching capitulation. -11.4% below SMA20. -29.7% vs SMA200.
ADBE $225.73 29.2 strong-down -6.6% -18.0% DC Approaching capitulation. -6.8% below SMA20. -30.4% vs SMA200.
MDB $222.24 30.0 strong-down -8.1% -17.9% DC Databases broken. -11.9% below SMA20. -29.1% vs SMA200.
WDAY $111.92 27.1 strong-down -12.8% -21.5% DC Workday collapsing. -12.9% below SMA20. -45.2% vs SMA200.
OKTA $63.86 30.5 strong-down -15.7% -19.8% DC Identity collapsed. -17.2% below SMA20. -27.2% vs SMA200.
DDOG $103.04 32.0 strong-down -6.3% -16.3% DC Observability weakening. -14.7% below SMA20. -25.8% vs SMA200.
CRWD $377.15 40.8 strong-down -0.3% -13.6% DC Best RSI in SaaS at 41. -7.0% vs SMA20. -18.3% vs SMA200. Relative strength.

Action Items

  • SNOW/NOW/INTU/HUBS/TEAM/ZS: All RSI < 27. This is sector capitulation — 6 names simultaneously in extreme oversold. Contrarian thesis building but NO structural support. These are falling knives.
  • CRWD: RSI 41 is the "least broken" SaaS name. -0.3% 7D shows relative strength while everything else crashes double digits. Watch for bottoming signal.
  • CRM/ADBE: RSI 27-29, approaching extreme oversold. Both have wide analyst support. Watch for stabilization above RSI 30.
  • DDOG: RSI 32 with -6.3% 7D — less violent decline than peers. -25.8% vs SMA200 is deep damage.
  • Bottom-fishing thesis: When 10+ quality SaaS names are simultaneously RSI < 30, historical precedent says the bounce (when it comes) is violent. But timing is impossible. Stage entries only.

Key Changes vs 04/03

Ticker Price 04/03 Price 04/10 Move Note
SNOW $151.85 $121.61 -19.9% RSI 36 -> 21. Crashed to extreme.
NOW $102.00 $82.40 -19.2% RSI 38 -> 22. Crashed to extreme.
INTU $422.48 $343.68 -18.7% RSI 43 -> 25. Collapsed.
HUBS — $190.44 -16.2% 7D New extreme. RSI 25.
TEAM — $57.58 -13.9% 7D New extreme. RSI 26.
ZS $138.56 $116.68 -15.8% RSI 37 -> 26. Crashed.
CRM $187.18 $164.53 -12.1% RSI 44 -> 27. Approaching extreme.
OKTA $80.19 $63.86 -20.4% RSI 53 -> 31. Collapsed from above SMA20.
CRWD $399.12 $377.15 -5.5% RSI 47 -> 41. Best relative strength.
10 events
DateTypeEvent
Apr 10 ArticleDaily Actions Mar 31 ScanTech Insider Buys Mar 31 ScanCloud ETFs Scan Apr 26 UpdateCloud SaaS Candidates Apr 26 ScanTech Insider Buys Mar 31 ScanInsider Universe Mar 20 UpdateCloud SaaS Apr 3 UpdateCloud SaaS Candidates Apr 10 ScanBargain Bin Scan Mar 13 UpdateCloud SaaS

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