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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Cloopen Group Holding Limited American Depositary Shares, each representing two Class A Ordinary Shares (NYSE:RAAS)

Sidelines Mode (-55) - RAAS 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 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.

NYSE_RAAS
Open High Low RAAS Price Change
1.0800 1.0900 1.0235 1.0400 -0.0300
Entry Signal

MarketClub’s Trade Triangles for RAAS

long term down The long-term trend has been DOWN since Feb 12th, 2021 at 30.5000

intermediate term up The intermediate-term trend has been UP since May 31st, 2022 at 0.8582

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 1.0400

Smart Scan Analysis for RAAS

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

-55
Smart Scan Analysis for RAAS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0800 1.0900 1.0235 1.0400 -0.0300
Prev. Close Volume Bid Ask Time
1.0700 85401 2022-07-05 11:47:50
52wk High8.152wk High Date2021-07-02
52wk Low0.5552wk Low Date2022-05-03
Average Volume305,683Assets350,900,700M
Liabilities679,767,000M
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