(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 27810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 1.43 | 1.44 | 1.49 | 1.41 | 0.568 times |
| 12 Fri Apr 2024 | 1.46 | 1.41 | 1.49 | 1.41 | 0.989 times |
| 11 Thu Apr 2024 | 1.44 | 1.41 | 1.52 | 1.41 | 1.158 times |
| 10 Wed Apr 2024 | 1.42 | 1.40 | 1.49 | 1.40 | 0.471 times |
| 09 Tue Apr 2024 | 1.45 | 1.50 | 1.55 | 1.43 | 0.813 times |
| 08 Mon Apr 2024 | 1.52 | 1.55 | 1.60 | 1.46 | 0.935 times |
| 05 Fri Apr 2024 | 1.51 | 1.48 | 1.55 | 1.48 | 1.244 times |
| 04 Thu Apr 2024 | 1.46 | 1.55 | 1.55 | 1.40 | 1.593 times |
| 03 Wed Apr 2024 | 1.43 | 1.44 | 1.51 | 1.42 | 1.575 times |
| 02 Tue Apr 2024 | 1.47 | 1.46 | 1.53 | 1.46 | 0.708 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.4 or till 1.4. Use a stoploss of 1.46 and if the stock hits stoploss, then it can shoot up till 1.49
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 | 1.35 |
| Downside 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 | 1.4 |
| Downside Intraday Target | 1.36 |
| Upside Intraday Target | 1.48 |
| Upside Intraday Target | 1.52 |
| Upside Intraday Target | 1.44 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 1.43 | 1.44 | 1.49 | 1.41 | 0.13 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 |
| 22 Fri Mar 2024 | 1.47 | 1.47 | 1.51 | 1.35 | 0.435 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 |
| 15 Mon Apr 2024 | 1.43 | 1.50 | 1.60 | 1.40 | 0.42 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 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 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 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 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 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 1.46 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 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 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 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 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 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 1.46 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.