(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 2024-08-16 View latest technical analysis
10 day averaged volume of Cango Inc is 21184
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 1.85 | 1.78 | 1.90 | 1.73 | 1.178 times |
| 15 Thu Aug 2024 | 1.78 | 1.66 | 1.81 | 1.66 | 1.208 times |
| 14 Wed Aug 2024 | 1.70 | 1.67 | 1.81 | 1.67 | 0.817 times |
| 13 Tue Aug 2024 | 1.70 | 1.71 | 1.84 | 1.69 | 1.138 times |
| 12 Mon Aug 2024 | 1.72 | 1.73 | 1.75 | 1.72 | 0.132 times |
| 09 Fri Aug 2024 | 1.76 | 1.75 | 1.80 | 1.75 | 0.167 times |
| 08 Thu Aug 2024 | 1.76 | 1.72 | 1.80 | 1.72 | 0.678 times |
| 07 Wed Aug 2024 | 1.72 | 1.75 | 1.80 | 1.72 | 0.394 times |
| 06 Tue Aug 2024 | 1.79 | 1.72 | 1.88 | 1.68 | 1.102 times |
| 05 Mon Aug 2024 | 1.67 | 1.75 | 1.75 | 1.66 | 2.03 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1.9 or till 2. Use a stoploss of 1.82 and if this stock hits its stoploss, then it can fall down till 1.72
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.32 |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.60 |
| Downside Target | 1.65 |
| Downside Target | 1.75 |
| Upside Target | 1.88 |
| Upside Target | 1.92 |
| Upside Target | 1.94 |
| Upside Target | 1.96 |
| Upside Target | 2.03 |
| Upside Target | 2.08 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.71 |
| Downside Intraday Target | 1.56 |
| Upside Intraday Target | 1.95 |
| Upside Intraday Target | 2.04 |
| Downside Intraday Target | 1.8 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 1.85 | 1.73 | 1.90 | 1.66 | 1.023 times |
| 09 Fri Aug 2024 | 1.76 | 1.75 | 1.88 | 1.66 | 0.835 times |
| 02 Fri Aug 2024 | 1.78 | 1.89 | 1.94 | 1.78 | 1.15 times |
| 26 Fri Jul 2024 | 1.91 | 1.93 | 2.03 | 1.88 | 0.667 times |
| 19 Fri Jul 2024 | 1.95 | 2.00 | 2.08 | 1.92 | 0.452 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 |
| 16 Fri Aug 2024 | 1.85 | 1.90 | 1.91 | 1.66 | 0.343 times |
| 31 Wed Jul 2024 | 1.87 | 1.67 | 2.08 | 1.65 | 0.658 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 |
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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 1.74 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 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 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 1.74 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 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 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.