(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 2024-11-14 View latest technical analysis
10 day averaged volume of Cango Inc is 514800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 3.72 | 3.71 | 4.04 | 3.68 | 0.701 times |
| 13 Wed Nov 2024 | 3.69 | 3.95 | 4.05 | 3.62 | 0.961 times |
| 12 Tue Nov 2024 | 3.95 | 4.16 | 4.19 | 3.80 | 2.36 times |
| 11 Mon Nov 2024 | 4.16 | 3.99 | 4.20 | 3.76 | 2.327 times |
| 08 Fri Nov 2024 | 3.40 | 3.51 | 3.99 | 3.27 | 1.812 times |
| 07 Thu Nov 2024 | 2.96 | 2.94 | 2.96 | 2.80 | 0.301 times |
| 06 Wed Nov 2024 | 2.79 | 2.82 | 2.90 | 2.50 | 0.592 times |
| 05 Tue Nov 2024 | 2.83 | 2.94 | 2.97 | 2.74 | 0.258 times |
| 04 Mon Nov 2024 | 2.80 | 2.66 | 3.00 | 2.50 | 0.679 times |
| 01 Fri Nov 2024 | 2.85 | 2.52 | 2.85 | 2.49 | 0.457 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.4, but if it comes below 3.4, then a intra day sell could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 2.7 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 4.3 as target.
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 | 1.84 |
| 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 | 3.62 |
| Upside Target | 3.99 |
| Upside Target | 4.20 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 3.49 |
| Downside Intraday Target | 3.27 |
| Upside Intraday Target | 4.07 |
| Upside Intraday Target | 4.43 |
| Upside Intraday Target | 3.85 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 3.72 | 3.99 | 4.20 | 3.62 | 1.743 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 |
| 18 Fri Oct 2024 | 1.78 | 1.77 | 1.84 | 1.55 | 2.356 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cango Inc (CANG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 3.72 | 2.52 | 4.20 | 2.49 | 2.355 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 | 2.925 times |
| 30 Fri Aug 2024 | 1.72 | 1.90 | 1.94 | 1.66 | 0.643 times |
Scroll below to view daily charts
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)
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 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 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 gaining momentum.
MACD generated a BUY signal for Cango Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 3.62 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Cango Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 3.62 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 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.