(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 2024-12-24 View latest technical analysis
10 day averaged volume of Cango Inc is 1893009
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 5.02 | 4.97 | 5.46 | 4.91 | 0.382 times |
| 23 Mon Dec 2024 | 4.85 | 5.50 | 5.50 | 4.70 | 0.467 times |
| 20 Fri Dec 2024 | 5.05 | 5.45 | 5.58 | 4.49 | 1.278 times |
| 19 Thu Dec 2024 | 5.76 | 7.88 | 7.88 | 5.50 | 1.484 times |
| 18 Wed Dec 2024 | 8.00 | 7.75 | 9.66 | 7.26 | 3.188 times |
| 17 Tue Dec 2024 | 6.91 | 6.45 | 6.97 | 5.02 | 1.662 times |
| 16 Mon Dec 2024 | 5.49 | 4.59 | 5.69 | 4.51 | 0.925 times |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.70 | 4.46 | 0.268 times |
| 12 Thu Dec 2024 | 4.58 | 4.57 | 4.64 | 4.45 | 0.205 times |
| 11 Wed Dec 2024 | 4.55 | 4.50 | 4.59 | 4.35 | 0.318 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.9 or till 7.1. Use a stoploss of 4.81 and if this stock hits its stoploss, then it can fall down till 3.76
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 | 3.87 |
| Downside Target | 4.00 |
| Downside Target | 4.21 |
| Downside Target | 4.35 |
| Downside Target | 4.49 |
| Downside Target | 4.70 |
| Upside Target | 5.50 |
| Upside Target | 9.66 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 4.65 |
| Downside Intraday Target | 4.27 |
| Upside Intraday Target | 5.45 |
| Upside Intraday Target | 5.87 |
| Upside Intraday Target | 5.07 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 5.02 | 5.50 | 5.50 | 4.70 | 0.099 times |
| 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 |
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 |
| 24 Tue Dec 2024 | 5.02 | 4.66 | 9.66 | 3.46 | 2.424 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 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 gaining 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Cango Inc in short term but BUY signal is weak.
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 6.37 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 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 gaining 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Cango Inc in short term but BUY signal is weak.
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 6.37 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.