(CANG) Cango Inc complete technical analysis [charts+indicators] | Buy/Sell Cango Inc | (CANG) share price targets
Complete technical analysis of Cango Inc (CANG) by charts plus indicators, forecast predictions and share price targets for Cango Inc (CANG)
Cango Inc trades in USA in Technology sector.
10 day averaged volume of Cango Inc is 557470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 3.81 | 3.91 | 4.09 | 3.80 | 0.426 times |
| 21 Thu Nov 2024 | 3.90 | 4.04 | 4.21 | 3.90 | 0.565 times |
| 20 Wed Nov 2024 | 4.14 | 3.53 | 4.14 | 3.53 | 0.652 times |
| 19 Tue Nov 2024 | 3.50 | 3.43 | 3.63 | 3.40 | 0.612 times |
| 18 Mon Nov 2024 | 3.41 | 3.70 | 3.71 | 3.41 | 0.961 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.9 as stoploss in an intra day sell trade for a target of 3.27. However, stock will show a bullish move above 3.9.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.55 |
| Downside Target | 1.65 |
| Downside Target | 1.71 |
| Downside Target | 1.85 |
| Downside Target | 1.94 |
| Downside Target | 2.08 |
| Downside Target | 2.21 |
| Downside Target | 2.49 |
| Downside Target | 2.66 |
| Downside Target | 2.85 |
| Downside Target | 3.40 |
| Downside Target | 3.60 |
| Upside Target | 3.99 |
| Upside Target | 4.20 |
| Upside Target | 4.21 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 3.4 |
| Downside Intraday Target | 3 |
| Upside Intraday Target | 4.21 |
| Upside Intraday Target | 4.62 |
| Downside Intraday Target | 3.81 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 3.81 | 3.70 | 4.21 | 3.40 | 0.474 times |
| 15 Fri Nov 2024 | 3.76 | 3.99 | 4.20 | 3.60 | 2.017 times |
| 08 Fri Nov 2024 | 3.40 | 2.66 | 3.99 | 2.50 | 1.571 times |
| 01 Fri Nov 2024 | 2.85 | 2.21 | 2.85 | 2.21 | 2.133 times |
| 25 Fri Oct 2024 | 2.22 | 1.74 | 2.25 | 1.71 | 1.82 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cango Inc (CANG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 3.81 | 2.52 | 4.21 | 2.49 | 3.366 times |
| 31 Thu Oct 2024 | 2.44 | 1.75 | 2.66 | 1.55 | 1.663 times |
| 30 Mon Sep 2024 | 1.78 | 1.75 | 1.85 | 1.40 | 3.089 times |
| 30 Fri Aug 2024 | 1.72 | 1.90 | 1.94 | 1.66 | 0.626 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Cango Inc (CANG)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 16, 33 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 71 | Buy |
| CCI | 34 | Sell |
| RSI | 64 | Buy |
| OBV | 1510900 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cango Inc ( (CANG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cango Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Cango Inc in short term and the buy signal is strong.
Cango Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cango Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Cango Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.86 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Cango Inc (CANG) stock. Volume based technical analysis of Cango Inc (CANG) stock is negative.
Cango Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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