(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 2024-09-09 View latest technical analysis
10 day averaged volume of Cango Inc is 18124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 1.65 | 1.64 | 1.67 | 1.60 | 0.514 times |
| 06 Fri Sep 2024 | 1.67 | 1.69 | 1.77 | 1.64 | 0.778 times |
| 05 Thu Sep 2024 | 1.69 | 1.64 | 1.73 | 1.60 | 1.121 times |
| 04 Wed Sep 2024 | 1.60 | 1.64 | 1.66 | 1.59 | 1.548 times |
| 03 Tue Sep 2024 | 1.68 | 1.75 | 1.75 | 1.66 | 0.949 times |
| 30 Fri Aug 2024 | 1.72 | 1.73 | 1.78 | 1.70 | 1.374 times |
| 30 Fri Aug 2024 | 1.72 | 1.73 | 1.79 | 1.70 | 1.374 times |
| 29 Thu Aug 2024 | 1.77 | 1.73 | 1.78 | 1.72 | 1.283 times |
| 28 Wed Aug 2024 | 1.72 | 1.75 | 1.80 | 1.72 | 0.789 times |
| 27 Tue Aug 2024 | 1.72 | 1.82 | 1.82 | 1.72 | 0.563 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.7, but if it comes above 1.7, then a intra day buy could be more profitable.
If you take a sell trade below 1.7, then use 1.7 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 1.7 as stoploss and 1.73 as target.
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.59 |
| Downside Target | 1.65 |
| Upside Target | 1.75 |
| Upside Target | 1.77 |
| Upside Target | 1.78 |
| Upside Target | 1.82 |
| Upside Target | 1.94 |
| Upside Target | 1.96 |
| Upside Target | 2.08 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.61 |
| Downside Intraday Target | 1.57 |
| Upside Intraday Target | 1.68 |
| Upside Intraday Target | 1.71 |
| Downside Intraday Target | 1.64 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 1.65 | 1.64 | 1.67 | 1.60 | 0.117 times |
| 06 Fri Sep 2024 | 1.67 | 1.75 | 1.77 | 1.59 | 3.201 times |
| 30 Fri Aug 2024 | 1.72 | 1.73 | 1.78 | 1.70 | 0.325 times |
| 30 Fri Aug 2024 | 1.72 | 1.76 | 1.82 | 1.70 | 0.652 times |
| 23 Fri Aug 2024 | 1.79 | 1.82 | 1.94 | 1.67 | 1.241 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 |
| 09 Mon Sep 2024 | 1.65 | 1.75 | 1.77 | 1.59 | 0.19 times |
| 30 Fri Aug 2024 | 1.72 | 1.90 | 1.94 | 1.66 | 0.643 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 1.69 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 negative.
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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 1.69 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.