Technical Analysis for RAAS - Cloopen Group Holding Limited

Grade Last Price % Change Price Change
F 8.54 -4.79% -0.43
RAAS closed down 4.79 percent on Thursday, May 13, 2021, on 58 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical RAAS trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -4.79%
180 Bearish Setup Bearish Swing Setup -4.79%
Lower Bollinger Band Walk Weakness -4.79%
Older End-of-Day Signals for RAAS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 7 hours ago
Down 3% about 8 hours ago
Down 2 % about 9 hours ago
New 52 Week Low about 9 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
View Earlier Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The Company's mission is to enhance the daily communication experience and operational productivity for enterprises. The Company aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.
Classification

Sector: Technology
Industry: Software-Application
Keywords: Telecommunications Computing Cloud Computing Software As A Service Cloud Infrastructure Videotelephony Cloud Applications Unified Communications Teleconferencing

Is RAAS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.0
52 Week Low 8.37
Average Volume 1,413,763
200-Day Moving Average 0.00
50-Day Moving Average 13.44
20-Day Moving Average 10.35
10-Day Moving Average 9.72
Average True Range 1.14
ADX 34.29
+DI 10.47
-DI 27.11
Chandelier Exit (Long, 3 ATRs ) 9.23
Chandelier Exit (Short, 3 ATRs ) 11.79
Upper Bollinger Band 11.99
Lower Bollinger Band 8.71
Percent B (%b) -0.05
BandWidth 31.66
MACD Line -1.38
MACD Signal Line -1.51
MACD Histogram 0.1372
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.03
Resistance 3 (R3) 10.14 9.75 9.78
Resistance 2 (R2) 9.75 9.37 9.70 9.70
Resistance 1 (R1) 9.15 9.14 8.95 9.04 9.62
Pivot Point 8.76 8.76 8.66 8.70 8.76
Support 1 (S1) 8.15 8.38 7.96 8.04 7.46
Support 2 (S2) 7.76 8.14 7.71 7.38
Support 3 (S3) 7.16 7.76 7.30
Support 4 (S4) 7.05