Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Cloopen Group Holding Limited American Depositary Shares, each representing two Class A Ordinary Shares (NYSE:RAAS)
Countertrend Down (-85) - RAAS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 30.50
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 4.28
The short-term trend has been UP since Oct 15th, 2021 at 4.26
Smart Scan Analysis for RAAS
Based on our trend formula, RAAS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||59||52wk High Date||2021-02-09|
|52wk Low||3.98||52wk Low Date||2021-09-27|