(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 2024-07-25 View latest technical analysis
10 day averaged volume of Cango Inc is 35721
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 1.94 | 1.93 | 1.96 | 1.93 | 0.184 times |
| 24 Wed Jul 2024 | 1.93 | 1.98 | 2.00 | 1.90 | 0.161 times |
| 23 Tue Jul 2024 | 1.95 | 1.96 | 2.03 | 1.91 | 0.907 times |
| 22 Mon Jul 2024 | 2.01 | 1.93 | 2.02 | 1.93 | 0.876 times |
| 19 Fri Jul 2024 | 1.95 | 1.97 | 2.00 | 1.93 | 0.232 times |
| 18 Thu Jul 2024 | 1.97 | 1.96 | 1.99 | 1.93 | 0.496 times |
| 17 Wed Jul 2024 | 1.92 | 1.94 | 2.02 | 1.92 | 0.867 times |
| 16 Tue Jul 2024 | 2.01 | 2.00 | 2.07 | 2.00 | 1.473 times |
| 15 Mon Jul 2024 | 2.01 | 2.00 | 2.08 | 1.96 | 0.98 times |
| 12 Fri Jul 2024 | 2.02 | 1.94 | 2.07 | 1.92 | 1.666 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 2 as stoploss in an intra day sell trade for a target of 1.86. However, stock will show a bullish move above 2.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.32 |
| Downside Target | 1.35 |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.60 |
| Downside Target | 1.65 |
| Downside Target | 1.71 |
| Downside Target | 1.90 |
| Downside Target | 1.92 |
| Upside Target | 1.96 |
| Upside Target | 2.03 |
| Upside Target | 2.07 |
| Upside Target | 2.08 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.88 |
| Downside Intraday Target | 1.83 |
| Upside Intraday Target | 2.01 |
| Upside Intraday Target | 2.09 |
| Upside Intraday Target | 1.96 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 1.94 | 1.93 | 2.03 | 1.90 | 0.526 times |
| 19 Fri Jul 2024 | 1.95 | 2.00 | 2.08 | 1.92 | 0.452 times |
| 12 Fri Jul 2024 | 2.02 | 1.73 | 2.07 | 1.73 | 18.941 times |
| 05 Fri Jul 2024 | 1.71 | 1.71 | 1.71 | 1.67 | 0.163 times |
| 03 Wed Jul 2024 | 1.67 | 1.67 | 1.75 | 1.65 | 0.527 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 Thu Jul 2024 | 1.94 | 1.67 | 2.08 | 1.65 | 0.596 times |
| 28 Fri Jun 2024 | 1.67 | 1.54 | 1.96 | 1.50 | 0.979 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 |
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 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 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 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 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 above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Cango Inc in short term
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 1.99 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 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 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 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 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 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 above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Cango Inc in short term
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 1.99 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 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.