(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 2024-10-14 View latest technical analysis
10 day averaged volume of Cango Inc is 61860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 1.83 | 1.77 | 1.83 | 1.76 | 0.614 times |
| 11 Fri Oct 2024 | 1.79 | 1.79 | 1.80 | 1.75 | 0.157 times |
| 10 Thu Oct 2024 | 1.82 | 1.75 | 1.87 | 1.75 | 0.535 times |
| 09 Wed Oct 2024 | 1.79 | 1.74 | 1.86 | 1.70 | 0.464 times |
| 08 Tue Oct 2024 | 1.78 | 1.76 | 1.79 | 1.74 | 0.419 times |
| 07 Mon Oct 2024 | 1.79 | 1.86 | 1.88 | 1.75 | 0.535 times |
| 04 Fri Oct 2024 | 1.85 | 1.84 | 1.90 | 1.80 | 0.485 times |
| 03 Thu Oct 2024 | 1.84 | 1.85 | 1.85 | 1.78 | 0.49 times |
| 02 Wed Oct 2024 | 1.90 | 1.75 | 1.90 | 1.71 | 3.836 times |
| 01 Tue Oct 2024 | 1.73 | 1.75 | 1.78 | 1.72 | 0.495 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.8, but if it comes below 1.8, then a intra day sell could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.72 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 2 as target.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.46 |
| Downside Target | 1.65 |
| Downside Target | 1.70 |
| Downside Target | 1.76 |
| Downside Target | 1.83 |
| Upside Target | 1.85 |
| Upside Target | 1.88 |
| Upside Target | 1.90 |
| Upside Target | 1.94 |
| Upside Target | 1.96 |
| Upside Target | 2.08 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.78 |
| Downside Intraday Target | 1.74 |
| Upside Intraday Target | 1.85 |
| Upside Intraday Target | 1.88 |
| Downside Intraday Target | 1.81 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 1.83 | 1.77 | 1.83 | 1.76 | 0.291 times |
| 11 Fri Oct 2024 | 1.79 | 1.86 | 1.88 | 1.70 | 0.267 times |
| 04 Fri Oct 2024 | 1.85 | 1.79 | 1.90 | 1.71 | 0.638 times |
| 27 Fri Sep 2024 | 1.82 | 1.60 | 1.85 | 1.48 | 2.898 times |
| 20 Fri Sep 2024 | 1.61 | 1.53 | 1.70 | 1.46 | 2.538 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 |
| 14 Mon Oct 2024 | 1.83 | 1.75 | 1.90 | 1.70 | 0.362 times |
| 30 Mon Sep 2024 | 1.78 | 1.75 | 1.85 | 1.40 | 2.925 times |
| 30 Fri Aug 2024 | 1.72 | 1.90 | 1.94 | 1.66 | 0.643 times |
| 31 Wed Jul 2024 | 1.87 | 1.67 | 2.08 | 1.65 | 0.658 times |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Cango Inc in short term and the buy signal is strong.
Cango Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cango Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.85 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.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Cango Inc in short term and the buy signal is strong.
Cango Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cango Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.85 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.