CRM — candidate.roundup
Update
CRM — candidate.roundup
Reason: Sharpest de-rate; RSI sub-35 collapse, only CRWD/OKTA hold
The week (2026-06-18 EOW)
The sharpest de-rate of the whole rotation. Classic enterprise-SaaS (CRM, NOW, ADBE, INTU, ZS, WDAY, HUBS, TEAM) is in outright collapse — RSI sub-35 on several, deep death crosses, 45-69% off highs. This basket is the source of funds for the down-stack bid.
| Symbol | Price | 7D | 30D | RSI | Trend | 52wkHi |
|---|---|---|---|---|---|---|
| CRWD | $675.44 | -0.02% | +0.58% | 55.8 | strong-up | -14.03% |
| OKTA | $117.81 | -0.36% | +27.72% | 59.6 | strong-up | -18.32% |
| ADBE | $195.16 | -5.91% | -18.85% | 27.8 | strong-down | -50.35% |
| CRM | $151.78 | -8.17% | -15.24% | 30.5 | strong-down | -45.77% |
| INTU | $267.00 | -4.94% | -16.55% | 31.0 | strong-down | -67.19% |
| WDAY | $116.93 | -10.00% | -8.75% | 35.7 | strong-down | -49.26% |
| HUBS | $176.03 | -5.30% | -12.84% | 36.4 | strong-down | -69.02% |
| NOW | $95.04 | -9.37% | -4.88% | 40.6 | strong-down | -52.08% |
- Broken — RSI extremes are NOT buys: INTU/HUBS flagged thesis-broken; ADBE/ZS same class. Trend destruction, not oversold dips.
- Oversold-vs-broken tension: CRM (RSI 30.5, regime collapse but thesis still "intact") is the one watch-for-stabilization name — but strong-down with a death cross; no bottom confirmed.
- Relative-strength survivors (security/infra-adjacent): CRWD (RSI 56, strong-up, flat week) and OKTA (+28% 30D) trade with the durable-infra bid, not the SaaS knife.
- Rule: don't fish for SaaS bottoms while the down-stack is bid — wait for a higher low + SMA20 reclaim before treating any RSI-sub-35 name as more than a dead-cat bounce.
Related
10 events DateTypeEvent
Jun 16 UpdateCloud SaaS Candidates Jul 7 ScanTech Insider Buys Jul 11 ScanTech Insider Buys May 29 UpdateCloud SaaS Candidates May 29 ScanTech Insider Buys Scan May 29 ScanInsider Scan Jul 17 ScanTech Insider Buys Jul 25 ScanTech Insider Buys Jul 28 ScanTech Insider Buys Jul 31 ScanTech Insider Buys No direct external sources are attached to this read.