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Cloopen Group Holding Limited stock downgraded from Buy Candidate to Hold/Accumulate after Monday trading session
(Updated on Jun 22, 2026)
The Cloopen Group Holding Limited stock price fell by -2.93% on the last day (Monday, 22nd Jun 2026) from $2.05 to $1.99. During the last trading day the stock fluctuated 1.02% from a day low at $1.97 to a day high of $1.99. The price has fallen in 6 of the last 10 days and is down by -6.57% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 thousand shares were bought and sold for approximately $3.34 thousand.
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Cloopen Group Holding Limited stock with a 90% probability to be traded between $1.23 and $2.39 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
RAASY Signals & Forecast
The Cloopen Group Holding Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $2.02. On a fall, the stock will find some support from the long-term average at approximately $1.94. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 12, 2026, and so far it has fallen -15.32%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Cloopen Group Holding Limited gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Cloopen Group Holding Limited stock
Cloopen Group Holding Limited finds support from accumulated volume at $1.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.0200 (1.02%) between high and low. For the last week, the stock has had daily average volatility of 1.41%.
Our recommended stop-loss: $1.89 (-5.10%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 27 days ago.)
Trading Expectations (RAASY) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Cloopen Group Holding Limited to open at $1.98, and during the day (based on 14 day Average True Range), to move between $1.95 and $2.03, which gives a possible trading interval of +/-$0.0840 (+/-4.31%) up or down from last closing price. If Cloopen Group Holding Limited takes out the full calculated possible swing range there will be an estimated 4.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $1.95 (2.01%) than the resistance at $2.05 (3.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Cloopen Group Holding Limited stock A Buy?
Cloopen Group Holding Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.
Current score:
-0.694
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 23, 2026 - $1.98 ( 0.335%).
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RAASY Performance
Trading levels for RAASY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.00 | 0.670% |
| R2 | 2.00 | 0.286% |
| R1 | 1.99 | 0.0489% |
| Price | 1.99 | |
| S1 | 1.98 | -0.719% |
| S2 | 1.97 | -0.96% |
| S3 | 1.96 | -1.34% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.35 | 18.09% |
| R2 | 2.20 | 10.55% |
| R1 | 2.05 | 3.02% |
| Price | 1.99 | |
| S1 | 1.95 | -2.01% |
| S2 | 1.90 | -4.52% |
| S3 | 1.85 | -7.04% |
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