(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 2024-06-14 View latest technical analysis
10 day averaged volume of Cango Inc is 57620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1.67 | 1.74 | 1.83 | 1.61 | 1.742 times |
| 13 Thu Jun 2024 | 1.58 | 1.82 | 1.89 | 1.58 | 1.345 times |
| 12 Wed Jun 2024 | 1.87 | 1.75 | 1.96 | 1.71 | 2.074 times |
| 11 Tue Jun 2024 | 1.75 | 1.62 | 1.75 | 1.62 | 0.758 times |
| 10 Mon Jun 2024 | 1.60 | 1.63 | 1.71 | 1.50 | 0.679 times |
| 07 Fri Jun 2024 | 1.66 | 1.80 | 1.80 | 1.64 | 0.401 times |
| 06 Thu Jun 2024 | 1.70 | 1.61 | 1.77 | 1.61 | 1.229 times |
| 05 Wed Jun 2024 | 1.64 | 1.62 | 1.67 | 1.58 | 1.348 times |
| 04 Tue Jun 2024 | 1.57 | 1.59 | 1.69 | 1.57 | 1.324 times |
| 03 Mon Jun 2024 | 1.61 | 1.54 | 1.61 | 1.52 | 0.233 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 1.7 as stoploss in an intra day sell trade for a target of 1.61. However, stock will show a bullish move above 1.7.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.12 |
| Downside Target | 1.32 |
| Downside Target | 1.35 |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.60 |
| Upside Target | 1.68 |
| Upside Target | 1.72 |
| Upside Target | 1.75 |
| Upside Target | 1.80 |
| Upside Target | 1.88 |
| Upside Target | 1.96 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.46 |
| Downside Intraday Target | 1.25 |
| Upside Intraday Target | 1.92 |
| Upside Intraday Target | 2.17 |
| Upside Intraday Target | 1.71 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 1.67 | 1.63 | 1.96 | 1.50 | 1.455 times |
| 07 Fri Jun 2024 | 1.66 | 1.54 | 1.80 | 1.52 | 2.224 times |
| 31 Fri May 2024 | 1.49 | 1.45 | 1.62 | 1.44 | 0.413 times |
| 24 Fri May 2024 | 1.47 | 1.61 | 1.68 | 1.47 | 0.644 times |
| 17 Fri May 2024 | 1.64 | 1.55 | 1.75 | 1.46 | 2.859 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 |
| 14 Fri Jun 2024 | 1.67 | 1.54 | 1.96 | 1.50 | 0.566 times |
| 31 Fri May 2024 | 1.49 | 1.46 | 1.75 | 1.44 | 0.905 times |
| 30 Tue Apr 2024 | 1.50 | 1.50 | 1.60 | 1.32 | 1.788 times |
| 28 Thu Mar 2024 | 1.52 | 1.48 | 1.72 | 1.35 | 0.337 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 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 term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 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 1.68 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 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 1.68 and Cango Inc (CANG) stock is trading below this level. This means that stock is falling with high volumes. 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.