(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 2024-12-20 View latest technical analysis
10 day averaged volume of Cango Inc is 1641245
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 5.05 | 5.45 | 5.58 | 4.49 | 1.475 times |
| 19 Thu Dec 2024 | 5.76 | 7.88 | 7.88 | 5.50 | 1.712 times |
| 18 Wed Dec 2024 | 8.00 | 7.75 | 9.66 | 7.26 | 3.677 times |
| 17 Tue Dec 2024 | 6.91 | 6.45 | 6.97 | 5.02 | 1.917 times |
| 16 Mon Dec 2024 | 5.49 | 4.59 | 5.69 | 4.51 | 1.067 times |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.70 | 4.46 | 0.309 times |
| 12 Thu Dec 2024 | 4.58 | 4.57 | 4.64 | 4.45 | 0.236 times |
| 11 Wed Dec 2024 | 4.55 | 4.50 | 4.59 | 4.35 | 0.367 times |
| 10 Tue Dec 2024 | 4.49 | 4.73 | 4.73 | 4.40 | 0.237 times |
| 09 Mon Dec 2024 | 4.67 | 4.64 | 4.75 | 4.36 | 0.364 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.8 or till 7.1. Use a stoploss of 4.69 and if this stock hits its stoploss, then it can fall down till 3.6
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 | 4.49 |
| Downside Target | 4.75 |
| Downside Target | 4.79 |
| Upside Target | 9.66 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 3.14 |
| Downside Intraday Target | 1.23 |
| Upside Intraday Target | 8.31 |
| Upside Intraday Target | 11.57 |
| Upside Intraday Target | 6.4 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 5.05 | 4.59 | 9.66 | 4.49 | 6.511 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, 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 |
| 20 Fri Dec 2024 | 5.05 | 4.66 | 9.66 | 3.46 | 2.236 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, 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 Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 6.4 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 6.4 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.