(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 2024-11-19 View latest technical analysis
10 day averaged volume of Cango Inc is 584260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 3.50 | 3.43 | 3.63 | 3.40 | 0.584 times |
| 18 Mon Nov 2024 | 3.41 | 3.70 | 3.71 | 3.41 | 0.917 times |
| 15 Fri Nov 2024 | 3.76 | 3.80 | 3.94 | 3.60 | 0.879 times |
| 14 Thu Nov 2024 | 3.72 | 3.71 | 4.04 | 3.68 | 0.618 times |
| 13 Wed Nov 2024 | 3.69 | 3.95 | 4.05 | 3.62 | 0.847 times |
| 12 Tue Nov 2024 | 3.95 | 4.16 | 4.19 | 3.80 | 2.079 times |
| 11 Mon Nov 2024 | 4.16 | 3.99 | 4.20 | 3.76 | 2.05 times |
| 08 Fri Nov 2024 | 3.40 | 3.51 | 3.99 | 3.27 | 1.596 times |
| 07 Thu Nov 2024 | 2.96 | 2.94 | 2.96 | 2.80 | 0.265 times |
| 06 Wed Nov 2024 | 2.79 | 2.82 | 2.90 | 2.50 | 0.522 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 3.6 as stoploss in an intra day sell trade for a target of 2.97. However, stock will show a bullish move above 3.6.
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 |
| Upside Target | 3.60 |
| Upside Target | 3.71 |
| Upside Target | 3.99 |
| Upside Target | 4.20 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 3.36 |
| Downside Intraday Target | 3.23 |
| Upside Intraday Target | 3.67 |
| Upside Intraday Target | 3.85 |
| Upside Intraday Target | 3.54 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 3.50 | 3.70 | 3.71 | 3.40 | 0.232 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 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 |
| 19 Tue Nov 2024 | 3.50 | 2.52 | 4.20 | 2.49 | 2.964 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL signal for Cango Inc in short term and SELL 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
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 3.7 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 SELL signal for Cango Inc in short term and SELL 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
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 3.7 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.