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.
MarketClub’s Trade Triangles for RAAS
The long-term trend has been DOWN since Feb 12th, 2021 at 30.5000
The intermediate-term trend has been UP since May 31st, 2022 at 0.8582
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).
|52wk High||8.1||52wk High Date||2021-07-02|
|52wk Low||0.55||52wk Low Date||2022-05-03|