Web & Cloud Candidates
Update
Web & Cloud Candidates
Web & Cloud Candidates — April 26, 2026
Overview
Web/cloud split persists but with some key reversals. DOCN is the star: $95.21, RSI 62.3, strong-up golden cross, +90.4% vs SMA200, +61.5% 3M — the developer cloud thesis is working. NET reversed hard from RSI 34 capitulation: $207.07, RSI 53.6, up trend, +2.3% vs SMA200 — the biggest reversal in the group. CFLT holding at ATH-adjacent $30.99 (RSI 71.4, strong-up golden cross, +24.7% vs SMA200). DDOG recovered to $129.48 (RSI 58.3, weak-up) — also in cloud-saas candidates. AKAM fell further: $95.25, RSI 41, weak-down, now -8.0% vs SMA20. FSLY gave back its parabolic gains: $23.76, RSI 46.1, weak-down, -20.2% 30D — back near SMA200. ESTC still sinking: $46.40, RSI 40.9, strong-down death cross. SNOW continued decline to $134.24 (RSI 34.5).
| Signal | Reading |
|---|---|
| Overall | 🟡 Infrastructure CDN/cloud (DOCN/NET/CFLT) recovering; data/analytics SaaS still broken |
| Key insight | DOCN is the cleanest winner in web/cloud — strong-up GC, +90.4% vs SMA200, RSI 62. NET's RSI 34→54 is the biggest recovery in 16 days |
Candidates
| Ticker | Price | RSI | Trend | 7D | 30D | 52wkHi | Signal | Take |
|---|---|---|---|---|---|---|---|---|
| DOCN | $95.21 | 62.3 | strong-up | +6.8% | +9.4% | -4.1% | GC | Developer cloud star. +10.4% vs SMA20. +90.4% vs SMA200. Near ATH. Best in class. |
| CFLT | $30.99 | 71.4 | strong-up | +0.9% | 0.0% | -0.03% | GC | At ATH. +0.8% vs SMA20. +24.7% vs SMA200. RSI 71 overbought. |
| NET | $207.07 | 53.6 | up | +3.2% | -5.0% | -20.4% | DC | REVERSAL. +3.4% vs SMA20. +2.3% vs SMA200. Death cross. Recovered from RSI 34. |
| DDOG | $129.48 | 58.3 | weak-up | +2.5% | +5.0% | -35.8% | DC | Recovering. +8.3% vs SMA20. -6.3% vs SMA200. (Also tracked in cloud-saas.) |
| FSLY | $23.76 | 46.1 | weak-down | -6.9% | -20.2% | -31.8% | GC | Gave back parabolic. -12.1% vs SMA20. +88.4% vs SMA200. Golden cross. 3M still +143%. |
| AKAM | $95.25 | 41.0 | weak-down | -1.6% | -20.1% | -21.4% | GC | Retreating. -8.0% vs SMA20. +8.5% vs SMA200. Golden cross. |
| MDB | $253.59 | 46.7 | strong-down | -3.5% | +2.9% | -43.0% | DC | Slight stabilization. +2.1% vs SMA20. -19.7% vs SMA200. (Also tracked in cloud-saas.) |
| ESTC | $46.40 | 40.9 | strong-down | -4.3% | -7.1% | -51.7% | DC | Elastic still collapsing. -3.2% vs SMA20. -36.7% vs SMA200. Death cross. |
| SNOW | $134.24 | 34.5 | strong-down | -18.6% | -23.0% | -52.2% | DC | CAPITULATION. -14.0% vs SMA20. -36.8% vs SMA200. (Also tracked in cloud-saas.) |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | DOCN | Best web/cloud. Strong-up GC, +90.4% vs SMA200. Hold with SMA20 ($86.25) stops |
| 🔒 HOLD | CFLT | At ATH. RSI 71 overbought. Hold with tight stops at SMA20 ($30.73) |
| 🔍 WATCH | NET | Reversed from RSI 34 to 54. +2.3% vs SMA200. Death cross still active — watch for GC flip |
| 🔍 WATCH | AKAM | RSI 41, -8.0% vs SMA20. Golden cross. Watch for RSI 40 entry if SMA200 holds |
| 🔍 WATCH | FSLY | -20.2% 30D pullback on golden cross base. +88.4% vs SMA200. Watch for RSI 40 bounce |
| ❌ DON'T BUY | ESTC, SNOW | Strong-down death cross. -36-37% vs SMA200. Ongoing capitulation |
Key Changes vs 04/10
| Ticker | Price 04/10 | Price 04/26 | Move | Note |
|---|---|---|---|---|
| DOCN | $79.88 | $95.21 | +19.2% | RSI 51 → 62. Strong-up. Near ATH. +90.4% vs SMA200 (up from +69.7%). |
| NET | $169.96 | $207.07 | +21.8% | RSI 34 → 54. DRAMATIC REVERSAL. +2.3% vs SMA200. Upgraded to up trend. |
| DDOG | $103.04 | $129.48 | +25.6% | RSI 32 → 58. Strong recovery. Upgraded to weak-up. |
| FSLY | $23.83 | $23.76 | -0.3% | RSI 45 → 46. Flat overall but -20% 30D from peak. |
| AKAM | $95.36 | $95.25 | -0.1% | RSI 35 → 41. Slight improvement but still weak-down. |
| SNOW | $121.61 | $134.24 | +10.4% | RSI 21 → 35. Minor bounce. Still in freefall structurally. |
| ESTC | $42.48 | $46.40 | +9.2% | RSI 26 → 41. Modest bounce. Still strong-down DC. |
| CFLT | $30.99 | $30.99 | flat | RSI 72 → 71. Holding at ATH. Remarkable stability. |
Key Discoveries
| Discovery | Implication |
|---|---|
| NET RSI 34→54 in 16 days — fastest recovery in web/cloud | Cloudflare's SASE/Zero Trust thesis survived the SaaS selloff |
| DOCN +90.4% vs SMA200 with RSI 62 | Developer cloud (not enterprise SaaS) is the winning sub-theme |
| CFLT flat at ATH while SNOW/ESTC in freefall | Data streaming infrastructure beats data warehouse/analytics in this cycle |
Open Questions
Related
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Apr 13 ScanInsider Scan Apr 10 UpdateWeb & Cloud Candidates Apr 3 UpdateWeb & Cloud Candidates Apr 3 ScanTech Insider Buys Scan Apr 26 ScanTech Insider Buys Mar 31 ScanInsider Universe May 29 UpdateWeb & Cloud Candidates May 29 ScanInsider Scan Mar 20 UpdateWeb/Cloud Infrastructure Mar 20 ScanTech Insider Buys Scan No direct external sources are attached to this read.