Mobile app version of munafa.top
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 33420

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 1.49 1.42 1.54 1.42 1.065 times
26 Tue Mar 2024 1.44 1.45 1.54 1.44 1.346 times
25 Mon Mar 2024 1.47 1.45 1.55 1.38 1.43 times
22 Fri Mar 2024 1.47 1.47 1.50 1.42 0.595 times
21 Thu Mar 2024 1.46 1.47 1.50 1.46 0.733 times
20 Wed Mar 2024 1.48 1.43 1.51 1.43 0.718 times
19 Tue Mar 2024 1.47 1.40 1.47 1.35 0.877 times
18 Mon Mar 2024 1.41 1.47 1.51 1.41 0.739 times
15 Fri Mar 2024 1.50 1.54 1.56 1.48 1.807 times
14 Thu Mar 2024 1.53 1.53 1.56 1.48 0.754 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.5, but if it comes above 1.5, then a intra day buy could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.5 as stoploss and 1.51 as target.

Share price targets for Cango Inc (CANG)

Target Type Value
Downside Target 0.92
Downside Target 0.96
Downside Target 1.03
Downside Target 1.08
Downside Target 1.12
Downside Target 1.19
Downside Target 1.35
Downside Target 1.38
Downside Target 1.42
Downside Target 1.48
Upside Target 1.55
Upside Target 1.62
Upside Target 1.72
Upside Target 1.80
Upside Target 1.88

Intraday share price targets for Cango Inc (CANG)

Target Type Value
Downside Intraday Target 1.4
Downside Intraday Target 1.3
Upside Intraday Target 1.57
Upside Intraday Target 1.64
Downside Intraday Target 1.47

Weekly technical analysis of Cango Inc (CANG)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 1.49 1.45 1.55 1.38 1.049 times
22 Fri Mar 2024 1.47 1.47 1.51 1.35 0.435 times
15 Fri Mar 2024 1.50 1.49 1.72 1.48 2.145 times
08 Fri Mar 2024 1.51 1.56 1.62 1.50 0.415 times
01 Fri Mar 2024 1.54 1.80 1.80 1.42 0.297 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
27 Wed Mar 2024 1.49 1.48 1.72 1.35 0.325 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
29 Fri Dec 2023 1.02 1.03 1.08 0.92 2.929 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cango Inc ( (CANG) ) based on a short 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 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.

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 green color and prices are in or below the green 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 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 1.47 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Cango Inc ( (CANG) ) based on a short 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 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.

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 green color and prices are in or below the green 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 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 1.47 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 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme