(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 2024-02-05 View latest technical analysis
10 day averaged volume of Cango Inc is 49700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 1.19 | 1.20 | 1.20 | 1.12 | 0.67 times |
| 02 Fri Feb 2024 | 1.20 | 1.19 | 1.21 | 1.19 | 0.92 times |
| 01 Thu Feb 2024 | 1.20 | 1.19 | 1.20 | 1.19 | 0.934 times |
| 31 Wed Jan 2024 | 1.19 | 1.16 | 1.19 | 1.16 | 1.322 times |
| 30 Tue Jan 2024 | 1.16 | 1.14 | 1.16 | 1.14 | 0.557 times |
| 29 Mon Jan 2024 | 1.14 | 1.13 | 1.15 | 1.12 | 0.624 times |
| 26 Fri Jan 2024 | 1.13 | 1.11 | 1.14 | 1.11 | 1.225 times |
| 25 Thu Jan 2024 | 1.10 | 1.10 | 1.15 | 1.10 | 1.207 times |
| 24 Wed Jan 2024 | 1.10 | 1.10 | 1.13 | 1.10 | 0.863 times |
| 23 Tue Jan 2024 | 1.10 | 1.10 | 1.11 | 1.09 | 1.131 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 1.2 as stoploss in an intra day sell trade for a target of 1.09. However, stock will show a bullish move above 1.2.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 0.92 |
| Downside Target | 0.96 |
| Downside Target | 0.98 |
| Downside Target | 1.01 |
| Downside Target | 1.08 |
| Downside Target | 1.15 |
| Downside Target | 1.19 |
| Upside Target | 1.20 |
| Upside Target | 1.21 |
| Upside Target | 1.24 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.14 |
| Downside Intraday Target | 1.09 |
| Upside Intraday Target | 1.22 |
| Upside Intraday Target | 1.25 |
| Downside Intraday Target | 1.17 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 1.19 | 1.20 | 1.20 | 1.12 | 0.154 times |
| 02 Fri Feb 2024 | 1.20 | 1.13 | 1.21 | 1.12 | 0.772 times |
| 26 Fri Jan 2024 | 1.13 | 1.11 | 1.15 | 1.09 | 0.92 times |
| 19 Fri Jan 2024 | 1.09 | 1.03 | 1.10 | 1.02 | 15.885 times |
| 12 Fri Jan 2024 | 0.98 | 1.00 | 1.01 | 0.98 | 0.105 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 |
| 05 Mon Feb 2024 | 1.19 | 1.19 | 1.21 | 1.12 | 0.119 times |
| 31 Wed Jan 2024 | 1.19 | 0.99 | 1.19 | 0.96 | 0.457 times |
| 29 Fri Dec 2023 | 1.02 | 1.03 | 1.08 | 0.92 | 2.929 times |
| 30 Thu Nov 2023 | 1.03 | 1.18 | 1.20 | 1.03 | 1.18 times |
Scroll below to view daily charts
Price has moved down 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 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 SELL. 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.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1.15 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 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 SELL. 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.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1.15 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.