(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 2024-12-16 View latest technical analysis
10 day averaged volume of Cango Inc is 357170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 5.49 | 4.59 | 5.69 | 4.51 | 4.903 times |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.70 | 4.46 | 1.42 times |
| 12 Thu Dec 2024 | 4.58 | 4.57 | 4.64 | 4.45 | 1.084 times |
| 11 Wed Dec 2024 | 4.55 | 4.50 | 4.59 | 4.35 | 1.685 times |
| 10 Tue Dec 2024 | 4.49 | 4.73 | 4.73 | 4.40 | 1.088 times |
| 09 Mon Dec 2024 | 4.67 | 4.64 | 4.75 | 4.36 | 1.673 times |
| 05 Thu Dec 2024 | 4.79 | 4.75 | 4.79 | 4.41 | 0.529 times |
| 04 Wed Dec 2024 | 4.21 | 3.99 | 4.25 | 3.99 | 0.059 times |
| 03 Tue Dec 2024 | 3.81 | 4.66 | 4.66 | 3.46 | 0.747 times |
| 26 Tue Nov 2024 | 3.90 | 3.96 | 4.00 | 3.87 | 0.858 times |
Stock of Cango Inc (CANG) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.2, for a target of 4.6 or 4.14
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 | 3.46 |
| Downside Target | 3.85 |
| Downside Target | 4.00 |
| Downside Target | 4.21 |
| Downside Target | 4.35 |
| Downside Target | 4.51 |
| Downside Target | 4.75 |
| Downside Target | 4.79 |
| Upside Target | 5.69 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 4.77 |
| Downside Intraday Target | 4.05 |
| Upside Intraday Target | 5.95 |
| Upside Intraday Target | 6.41 |
| Downside Intraday Target | 5.23 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 5.49 | 4.59 | 5.69 | 4.51 | 0.706 times |
| 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 |
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 |
| 16 Mon Dec 2024 | 5.49 | 4.66 | 5.69 | 3.46 | 0.551 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 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 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 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 4.81 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 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 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 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 4.81 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.