Reason: NET's leadership accelerated - RSI up to 61.3 from 54.2 on a +6.42% week (was -3.01%); DDOG posted the same strong move; DOCN and AKAM both decelerated meaningfully out of last cycle's worst prints.

Tape Read

$NET's leadership accelerated this cycle rather than just holding: RSI 61.3 (up from 54.2), a +6.42% week (was -3.01%), 30D up to +13.26% (was +8.34%), and it closed distance to its 52-week high to -5.04% — still uptrend/golden-cross, thesis flagged intact. $DDOG moved the same direction: RSI 61.8 (up from 52.3), a +8.55% week (was -1.53%), now just -3.87% off its 52-week high — the strongest move in this basket, matching its read in the cloud-saas file. $DOCN decelerated out of last cycle's worst print: RSI 42.9 (up from 37.9), 7D improved to -4.89% (was -17.54%) — still pullback regime and -37.33% off its 52-week high (improved slightly from -39.99%). $AKAM stabilized meaningfully: RSI 45.2 (up from 38.3), 7D nearly flat at -0.16% (was -10.5%), and the 30-day print turned positive to +2.1% — the first positive 30-day print for the name in this file's recent run. Source: full-scan pre-computed summaries as of the 2026-07-31 close — web-cloud.

• $NET — PROMOTE (upgraded from WATCH): RSI 61.3 (up from 54.2), +6.42% 7D (was -3.01%) — the leadership read accelerated rather than just holding, thesis intact.
• $DDOG — PROMOTE (upgraded from WATCH): RSI 61.8 (up from 52.3), +8.55% 7D — the strongest move in the basket, closing distance to a fresh high.
• $AKAM — WATCH (upgraded from PASS): RSI 45.2 (up from 38.3), 30D turned positive to +2.1% — the first positive 30-day print for the name in this file's recent run.
• $DOCN — WATCH (upgraded from PASS): RSI 42.9 (up from 37.9), 7D improved to -4.89% (was -17.54%) — decelerating out of last cycle's worst print.

Lead pick: $NET and $DDOG both earn a clean upgrade this cycle — real acceleration, not just a slowing decline, and both are now within single digits of a fresh 52-week high. $AKAM's first positive 30-day print in this file's recent run is worth tracking next cycle.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-31 close — web-cloud.