(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 2024-12-13 View latest technical analysis
10 day averaged volume of Cango Inc is 331825
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.70 | 4.46 | 1.529 times |
| 12 Thu Dec 2024 | 4.58 | 4.57 | 4.64 | 4.45 | 1.167 times |
| 11 Wed Dec 2024 | 4.55 | 4.50 | 4.59 | 4.35 | 1.813 times |
| 10 Tue Dec 2024 | 4.49 | 4.73 | 4.73 | 4.40 | 1.171 times |
| 09 Mon Dec 2024 | 4.67 | 4.64 | 4.75 | 4.36 | 1.8 times |
| 05 Thu Dec 2024 | 4.79 | 4.75 | 4.79 | 4.41 | 0.569 times |
| 04 Wed Dec 2024 | 4.21 | 3.99 | 4.25 | 3.99 | 0.063 times |
| 03 Tue Dec 2024 | 3.81 | 4.66 | 4.66 | 3.46 | 0.804 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.923 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.923 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 4.5 as stoploss in an intra day sell trade for a target of 4.06. However, stock will show a bullish move above 4.5.
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 | 3.85 |
| Downside Target | 4.00 |
| Downside Target | 4.21 |
| Downside Target | 4.35 |
| Upside Target | 4.75 |
| Upside Target | 4.79 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 4.29 |
| Downside Intraday Target | 4.12 |
| Upside Intraday Target | 4.69 |
| Upside Intraday Target | 4.92 |
| Upside Intraday Target | 4.52 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.75 | 4.35 | 5.208 times |
| 05 Thu Dec 2024 | 4.79 | 4.66 | 4.79 | 3.46 | 1.556 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 |
Price has moved down 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 |
| 13 Fri Dec 2024 | 4.46 | 4.66 | 4.79 | 3.46 | 0.346 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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.
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 coming down
CCI has generated a SELL signal for Cango Inc in short term but SELL signal is weak.
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 4.4 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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.
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 coming down
CCI has generated a SELL signal for Cango Inc in short term but SELL signal is weak.
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 4.4 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.