Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Cloopen Group Holding Limited (NYSE:RAAS)
Long-Term Downtrend (-90) - RAAS is in a strong downtrend that is likely to continue. While RAAS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RAAS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAAS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RAAS
The long-term trend has been DOWN since Feb 12th, 2021 at 30.5
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 30.5
The short-term trend has been DOWN since Feb 22nd, 2021 at 29.1
Smart Scan Analysis for RAAS
Based on our trend formula, RAAS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||59||52wk High Date||2021-02-09|
|52wk Low||16.6||52wk Low Date||2021-03-05|