(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 2024-10-21 View latest technical analysis
10 day averaged volume of Cango Inc is 43790
Date | Daily Closing Price | Open | High | Low | Volume |
21 Mon Oct 2024 | 1.75 | 1.74 | 1.79 | 1.71 | 0.422 times |
18 Fri Oct 2024 | 1.78 | 1.76 | 1.84 | 1.76 | 0.388 times |
17 Thu Oct 2024 | 1.73 | 1.67 | 1.79 | 1.55 | 2.327 times |
16 Wed Oct 2024 | 1.72 | 1.69 | 1.79 | 1.69 | 0.578 times |
15 Tue Oct 2024 | 1.70 | 1.80 | 1.80 | 1.60 | 2.859 times |
14 Mon Oct 2024 | 1.83 | 1.77 | 1.83 | 1.76 | 0.868 times |
11 Fri Oct 2024 | 1.79 | 1.79 | 1.80 | 1.75 | 0.222 times |
10 Thu Oct 2024 | 1.82 | 1.75 | 1.87 | 1.75 | 0.756 times |
09 Wed Oct 2024 | 1.79 | 1.74 | 1.86 | 1.70 | 0.655 times |
08 Tue Oct 2024 | 1.78 | 1.76 | 1.79 | 1.74 | 0.591 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 1.77 and if the stock hits stoploss, then it can shoot up till 1.84
Share price targets for Cango Inc (CANG)
Target Type | Value |
Downside Target | 1.40 |
Downside Target | 1.48 |
Downside Target | 1.55 |
Downside Target | 1.65 |
Downside Target | 1.70 |
Upside Target | 1.79 |
Upside Target | 1.84 |
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 | 1.71 |
Downside Intraday Target | 1.67 |
Upside Intraday Target | 1.79 |
Upside Intraday Target | 1.83 |
Downside Intraday Target | 1.75 |
Weekly technical analysis of Cango Inc (CANG)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Mon Oct 2024 | 1.75 | 1.74 | 1.79 | 1.71 | 0.06 times |
18 Fri Oct 2024 | 1.78 | 1.77 | 1.84 | 1.55 | 2.356 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 |
Price has moved down 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 |
21 Mon Oct 2024 | 1.75 | 1.75 | 1.90 | 1.55 | 0.572 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Cango Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 1.75 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cango Inc ( (CANG) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Cango Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 1.75 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. 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.