(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.
10 day averaged volume of Cango Inc is 19760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 1.33 | 1.45 | 1.50 | 1.33 | 28.684 times |
| 22 Mon Apr 2024 | 1.34 | 1.44 | 1.44 | 1.32 | 1.736 times |
| 19 Fri Apr 2024 | 1.40 | 1.37 | 1.43 | 1.37 | 0.648 times |
| 18 Thu Apr 2024 | 1.38 | 1.40 | 1.44 | 1.37 | 0.916 times |
| 17 Wed Apr 2024 | 1.42 | 1.38 | 1.44 | 1.35 | 0.415 times |
| 16 Tue Apr 2024 | 1.36 | 1.41 | 1.41 | 1.36 | 0.658 times |
| 15 Mon Apr 2024 | 1.43 | 1.44 | 1.49 | 1.41 | 0.8 times |
| 12 Fri Apr 2024 | 1.46 | 1.41 | 1.49 | 1.41 | 1.392 times |
| 11 Thu Apr 2024 | 1.44 | 1.41 | 1.52 | 1.41 | 1.63 times |
| 10 Wed Apr 2024 | 1.42 | 1.40 | 1.49 | 1.40 | 0.663 times |
Stock of Cango Inc (CANG) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.3, for a target of 1.4 or 1.44
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 0.92 |
| Downside Target | 0.96 |
| Downside Target | 1.08 |
| Downside Target | 1.12 |
| Downside Target | 1.19 |
| Downside Target | 1.32 |
| Upside Target | 1.35 |
| Upside Target | 1.38 |
| Upside Target | 1.49 |
| Upside Target | 1.55 |
| Upside Target | 1.58 |
| Upside Target | 1.60 |
| Upside Target | 1.72 |
| Upside Target | 1.88 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 1.27 |
| Downside Intraday Target | 1.2 |
| Upside Intraday Target | 1.45 |
| Upside Intraday Target | 1.56 |
| Upside Intraday Target | 1.38 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 1.33 | 1.44 | 1.50 | 1.32 | 8.853 times |
| 19 Fri Apr 2024 | 1.40 | 1.44 | 1.49 | 1.35 | 0.559 times |
| 12 Fri Apr 2024 | 1.46 | 1.55 | 1.60 | 1.40 | 0.775 times |
| 05 Fri Apr 2024 | 1.51 | 1.50 | 1.55 | 1.40 | 1.014 times |
| 28 Thu Mar 2024 | 1.52 | 1.45 | 1.58 | 1.38 | 1.262 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cango Inc (CANG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 1.33 | 1.50 | 1.60 | 1.32 | 1.353 times |
| 28 Thu Mar 2024 | 1.52 | 1.48 | 1.72 | 1.35 | 0.337 times |
| 29 Thu Feb 2024 | 1.50 | 1.19 | 1.88 | 1.12 | 1.97 times |
| 31 Wed Jan 2024 | 1.19 | 0.99 | 1.19 | 0.96 | 0.457 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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Cango Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 1.35 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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Cango Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 1.35 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.