(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 2024-12-04 View latest technical analysis
10 day averaged volume of Cango Inc is 343986
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 4.21 | 3.99 | 4.25 | 3.99 | 0.061 times |
| 03 Tue Dec 2024 | 3.81 | 4.66 | 4.66 | 3.46 | 0.775 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.891 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.891 times |
| 25 Mon Nov 2024 | 3.95 | 3.88 | 4.04 | 3.85 | 0.738 times |
| 22 Fri Nov 2024 | 3.81 | 3.91 | 4.09 | 3.80 | 0.69 times |
| 21 Thu Nov 2024 | 3.90 | 4.04 | 4.21 | 3.90 | 0.916 times |
| 20 Wed Nov 2024 | 4.14 | 3.53 | 4.14 | 3.53 | 1.056 times |
| 19 Tue Nov 2024 | 3.50 | 3.43 | 3.63 | 3.40 | 0.992 times |
| 18 Mon Nov 2024 | 3.41 | 3.70 | 3.71 | 3.41 | 1.558 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.1, but if it comes below 4.1, then a intra day sell could be more profitable.
If you take a sell trade below 4.1, then use 4.1 as stoploss and 3.63 as target. However if you take a buy trade in stock , then use 4.1 as stoploss and 4.6 as target.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.55 |
| Downside Target | 1.66 |
| Downside Target | 1.85 |
| Downside Target | 1.94 |
| Downside Target | 2.49 |
| Downside Target | 2.66 |
| Downside Target | 3.40 |
| Downside Target | 3.60 |
| Downside Target | 3.85 |
| Downside Target | 4.00 |
| Downside Target | 4.20 |
| Downside Target | 4.21 |
| Upside Target | 4.66 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 3.56 |
| Downside Intraday Target | 2.91 |
| Upside Intraday Target | 4.76 |
| Upside Intraday Target | 5.31 |
| Downside Intraday Target | 4.11 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 4.21 | 4.66 | 4.66 | 3.46 | 0.939 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.547 times |
| 26 Tue Nov 2024 | 3.90 | 3.88 | 4.04 | 3.85 | 0.312 times |
| 22 Fri Nov 2024 | 3.81 | 3.70 | 4.21 | 3.40 | 0.474 times |
| 15 Fri Nov 2024 | 3.76 | 3.99 | 4.20 | 3.60 | 2.017 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 |
| 04 Wed Dec 2024 | 4.21 | 4.66 | 4.66 | 3.46 | 0.034 times |
| 26 Tue Nov 2024 | 3.90 | 2.52 | 4.21 | 2.49 | 3.745 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 |
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 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 losing momentum.
MACD generated a SELL signal for Cango Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining 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 3.79 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 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 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 losing momentum.
MACD generated a SELL signal for Cango Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining 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 3.79 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.