(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.
Showing technical analysis as on 2024-08-15 View latest technical analysis
10 day averaged volume of Cango Inc is 19964
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 1.78 | 1.66 | 1.81 | 1.66 | 1.282 times |
| 14 Wed Aug 2024 | 1.70 | 1.67 | 1.81 | 1.67 | 0.867 times |
| 13 Tue Aug 2024 | 1.70 | 1.71 | 1.84 | 1.69 | 1.207 times |
| 12 Mon Aug 2024 | 1.72 | 1.73 | 1.75 | 1.72 | 0.14 times |
| 09 Fri Aug 2024 | 1.76 | 1.75 | 1.80 | 1.75 | 0.178 times |
| 08 Thu Aug 2024 | 1.76 | 1.72 | 1.80 | 1.72 | 0.719 times |
| 07 Wed Aug 2024 | 1.72 | 1.75 | 1.80 | 1.72 | 0.418 times |
| 06 Tue Aug 2024 | 1.79 | 1.72 | 1.88 | 1.68 | 1.17 times |
| 05 Mon Aug 2024 | 1.67 | 1.75 | 1.75 | 1.66 | 2.154 times |
| 02 Fri Aug 2024 | 1.78 | 1.82 | 1.90 | 1.78 | 2.475 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.7 or till 1.6. Use a stoploss of 1.83 and if the stock hits stoploss, then it can shoot up till 1.93
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.32 |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.60 |
| Downside Target | 1.65 |
| Downside Target | 1.75 |
| Upside Target | 1.84 |
| Upside Target | 1.88 |
| Upside Target | 1.92 |
| Upside Target | 1.94 |
| Upside Target | 1.96 |
| Upside Target | 2.03 |
| Upside Target | 2.08 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.68 |
| Downside Intraday Target | 1.58 |
| Upside Intraday Target | 1.86 |
| Upside Intraday Target | 1.94 |
| Downside Intraday Target | 1.76 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 1.78 | 1.73 | 1.84 | 1.66 | 0.754 times |
| 09 Fri Aug 2024 | 1.76 | 1.75 | 1.88 | 1.66 | 0.835 times |
| 02 Fri Aug 2024 | 1.78 | 1.89 | 1.94 | 1.78 | 1.15 times |
| 26 Fri Jul 2024 | 1.91 | 1.93 | 2.03 | 1.88 | 0.667 times |
| 19 Fri Jul 2024 | 1.95 | 2.00 | 2.08 | 1.92 | 0.452 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 |
| 15 Thu Aug 2024 | 1.78 | 1.90 | 1.91 | 1.66 | 0.309 times |
| 31 Wed Jul 2024 | 1.87 | 1.67 | 2.08 | 1.65 | 0.658 times |
| 28 Fri Jun 2024 | 1.67 | 1.54 | 1.96 | 1.50 | 0.979 times |
| 31 Fri May 2024 | 1.49 | 1.46 | 1.75 | 1.44 | 0.905 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cango Inc (CANG)
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cango Inc in short term and the sell signal is strong.
Cango Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cango Inc in short term but BUY 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
Stock of Cango Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.74 and Cango Inc (CANG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cango Inc in short term and the sell signal is strong.
Cango Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cango Inc in short term but BUY 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
Stock of Cango Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.74 and Cango Inc (CANG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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.