(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 2024-06-27 View latest technical analysis
10 day averaged volume of Cango Inc is 55240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 1.64 | 1.70 | 1.70 | 1.64 | 0.355 times |
| 26 Wed Jun 2024 | 1.67 | 1.61 | 1.70 | 1.61 | 0.491 times |
| 25 Tue Jun 2024 | 1.63 | 1.58 | 1.69 | 1.58 | 0.5 times |
| 24 Mon Jun 2024 | 1.62 | 1.63 | 1.70 | 1.60 | 0.88 times |
| 21 Fri Jun 2024 | 1.67 | 1.67 | 1.77 | 1.67 | 0.422 times |
| 20 Thu Jun 2024 | 1.64 | 1.61 | 1.69 | 1.58 | 1.43 times |
| 18 Tue Jun 2024 | 1.65 | 1.64 | 1.75 | 1.64 | 0.739 times |
| 18 Tue Jun 2024 | 1.65 | 1.64 | 1.75 | 1.64 | 0.739 times |
| 17 Mon Jun 2024 | 1.65 | 1.62 | 1.79 | 1.62 | 1.58 times |
| 14 Fri Jun 2024 | 1.67 | 1.74 | 1.83 | 1.61 | 1.818 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 1.65 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 | 1.58 |
| Downside Intraday Target | 1.52 |
| Upside Intraday Target | 1.7 |
| Upside Intraday Target | 1.76 |
| Downside Intraday Target | 1.64 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 1.64 | 1.63 | 1.70 | 1.58 | 0.859 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 |
| 27 Thu Jun 2024 | 1.64 | 1.54 | 1.96 | 1.50 | 0.914 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 1.65 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cango Inc ( (CANG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cango Inc ( (CANG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 1.65 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.