CWAN
Clearwater Analytics Holdings, Inc. Technology - Financial Software Investor Relations →
Clearwater Analytics Holdings, Inc. (CWAN) closed at $23.44 as of 2026-03-20, trading 16.2% above its 200-week moving average of $20.17. The stock moved further from the line this week, up from 15.1% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Trading volume is running at 0.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.00 ratio) is neutral — neither side is clearly dominating.
Over the past 186 weeks of data, CWAN has crossed below its 200-week moving average 5 times. On average, these episodes lasted 12 weeks. Historically, investors who bought CWAN at the start of these episodes saw an average one-year return of +38.8%.
With a market cap of $7.0 billion, CWAN is a mid-cap stock. The company generates a free cash flow yield of 2.5%. Return on equity stands at -2.6%. The stock trades at 3.4x book value.
Share count has increased 52.4% over three years, indicating dilution.
Over the past 3.7 years, a hypothetical investment of $100 in CWAN would have grown to $158, compared to $173 for the S&P 500. CWAN has returned 13.3% annualized vs 16.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 45.3% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CWAN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CWAN Crosses Below the Line?
Across 5 historical episodes, buying CWAN when it crossed below its 200-week moving average produced an average return of +35.7% after 12 months (median +23.0%), compared to +21.3% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +63.3% vs +46.3% for the index.
Each line shows $100 invested at the moment CWAN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CWAN has crossed below its 200-week MA 5 times with an average 1-year return of +38.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2022 | Nov 2022 | 11 | 19.1% | +23.0% | +58.0% |
| Feb 2023 | Aug 2023 | 27 | 24.2% | +11.1% | +30.0% |
| Feb 2024 | May 2024 | 10 | 8.7% | +82.3% | +37.4% |
| Aug 2025 | Aug 2025 | 2 | 3.4% | N/A | +18.9% |
| Sep 2025 | Nov 2025 | 10 | 17.9% | N/A | +19.5% |
| Average | 12 | — | +38.8% | — |
Frequently Asked Questions
Is CWAN below its 200-week moving average?
No. Clearwater Analytics Holdings, Inc. (CWAN) is currently 16.2% above its 200-week moving average of $20.17. It would need to fall to $20.17 to cross below the line.
What is CWAN's 200-week moving average price?
Clearwater Analytics Holdings, Inc.'s 200-week moving average is $20.17 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CWAN drops below its 200-week moving average?
CWAN has crossed below its 200-week moving average 5 times in our data. On average, buying at that moment produced a one-year return of +38.8%. These dips have historically been decent entry points. These episodes lasted 12 weeks on average.
Is CWAN a good value right now?
Here's what our data says about CWAN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 68. Free cash flow yield is 2.5%. Return on equity is -2.6%. Price-to-book is 3.4x. This is not a buy or sell recommendation — always do your own research.
How does CWAN compare to the S&P 500?
Over the past 3.7 years, $100 invested in CWAN would have grown to $158, compared to $173 for the S&P 500. That's 13.3% annualized vs 16.1% for the index. CWAN has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20