(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 2024-06-25 View latest technical analysis
10 day averaged volume of Cango Inc is 66090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 1.63 | 1.58 | 1.69 | 1.58 | 0.418 times |
| 24 Mon Jun 2024 | 1.62 | 1.63 | 1.70 | 1.60 | 0.735 times |
| 21 Fri Jun 2024 | 1.67 | 1.67 | 1.77 | 1.67 | 0.353 times |
| 20 Thu Jun 2024 | 1.64 | 1.61 | 1.69 | 1.58 | 1.195 times |
| 18 Tue Jun 2024 | 1.65 | 1.64 | 1.75 | 1.64 | 0.617 times |
| 18 Tue Jun 2024 | 1.65 | 1.64 | 1.75 | 1.64 | 0.617 times |
| 17 Mon Jun 2024 | 1.65 | 1.62 | 1.79 | 1.62 | 1.321 times |
| 14 Fri Jun 2024 | 1.67 | 1.74 | 1.83 | 1.61 | 1.519 times |
| 13 Thu Jun 2024 | 1.58 | 1.82 | 1.89 | 1.58 | 1.173 times |
| 12 Wed Jun 2024 | 1.87 | 1.75 | 1.96 | 1.71 | 1.808 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.6 or till 1.5. Use a stoploss of 1.64 and if the stock hits stoploss, then it can shoot up till 1.72
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 | 1.58 |
| Upside Target | 1.70 |
| Upside Target | 1.77 |
| Upside Target | 1.79 |
| 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 | 1.57 |
| Downside Intraday Target | 1.52 |
| Upside Intraday Target | 1.69 |
| Upside Intraday Target | 1.76 |
| Upside Intraday Target | 1.64 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 1.63 | 1.63 | 1.70 | 1.58 | 0.532 times |
| 21 Fri Jun 2024 | 1.67 | 1.64 | 1.77 | 1.58 | 1.117 times |
| 18 Tue Jun 2024 | 1.65 | 1.62 | 1.79 | 1.62 | 0.337 times |
| 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 |
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 |
| 25 Tue Jun 2024 | 1.63 | 1.54 | 1.96 | 1.50 | 0.873 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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 1.68 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 has given negative 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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 1.68 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 has given negative 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.