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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

CLOOPEN GROUP HOLDING LTD (NASDAQ:RAASY)

Sidelines Mode (+55) - RAASY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RAASY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RAASY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RAASY
Open High Low RAASY Price Change
0.05 0.05 0.05 0.05 0.00
Entry Signal

MarketClub’s Trade Triangles for RAASY

long term up The long-term trend has been UP since Dec 26th, 2023 at 0.0669

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 0.0002

short term down The short-term trend has been DOWN since May 1st, 2024 at 0.4500

Smart Scan Analysis for RAASY

Based on our trend formula, RAASY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RAASY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05 0.05 0.05 0.05 0.00
Prev. Close Volume Bid Ask Time
0.05 429 2024-05-17 13:06:00
52wk High0.652wk High Date2024-05-01
52wk Low0.00000152wk Low Date2024-05-01
Average Volume10,589
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