(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 2025-01-06 View latest technical analysis
10 day averaged volume of Cango Inc is 1130072
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 5.10 | 5.26 | 5.59 | 4.96 | 1.938 times |
| 03 Fri Jan 2025 | 5.25 | 5.19 | 5.29 | 4.92 | 1.282 times |
| 02 Thu Jan 2025 | 5.02 | 4.85 | 5.40 | 4.65 | 0.796 times |
| 31 Tue Dec 2024 | 4.40 | 4.77 | 4.84 | 4.40 | 0.292 times |
| 30 Mon Dec 2024 | 4.71 | 4.69 | 4.78 | 4.46 | 0.485 times |
| 27 Fri Dec 2024 | 4.92 | 5.37 | 5.37 | 4.60 | 0.685 times |
| 26 Thu Dec 2024 | 5.20 | 5.00 | 5.39 | 5.00 | 0.411 times |
| 24 Tue Dec 2024 | 5.02 | 4.97 | 5.46 | 4.91 | 0.64 times |
| 23 Mon Dec 2024 | 4.85 | 5.50 | 5.50 | 4.70 | 0.782 times |
| 20 Fri Dec 2024 | 5.05 | 5.45 | 5.58 | 4.49 | 2.141 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.3 or till 3.3. Use a stoploss of 5.16 and if the stock hits stoploss, then it can shoot up till 6.01
Share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.55 |
| Downside Target | 1.85 |
| Downside Target | 2.49 |
| Downside Target | 2.66 |
| Downside Target | 3.46 |
| Downside Target | 4.21 |
| Downside Target | 4.35 |
| Downside Target | 4.49 |
| Downside Target | 4.60 |
| Downside Target | 4.75 |
| Downside Target | 4.96 |
| Upside Target | 5.40 |
| Upside Target | 5.59 |
| Upside Target | 9.66 |
Intraday share price targets for Cango Inc (CANG)
| Target Type | Value |
| Downside Intraday Target | 4.84 |
| Downside Intraday Target | 4.59 |
| Upside Intraday Target | 5.47 |
| Upside Intraday Target | 5.85 |
| Upside Intraday Target | 5.22 |
Weekly technical analysis of Cango Inc (CANG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 5.10 | 5.26 | 5.59 | 4.96 | 0.679 times |
| 03 Fri Jan 2025 | 5.25 | 4.69 | 5.40 | 4.40 | 1.134 times |
| 27 Fri Dec 2024 | 4.92 | 5.50 | 5.50 | 4.60 | 0.176 times |
| 20 Fri Dec 2024 | 5.05 | 4.59 | 9.66 | 4.49 | 6.511 times |
| 13 Fri Dec 2024 | 4.46 | 4.64 | 4.75 | 4.35 | 5.208 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 |
| 06 Mon Jan 2025 | 5.10 | 4.85 | 5.59 | 4.65 | 0.199 times |
| 31 Tue Dec 2024 | 4.40 | 4.66 | 9.66 | 3.46 | 2.671 times |
| 26 Tue Nov 2024 | 3.90 | 2.52 | 4.21 | 2.49 | 3.745 times |
| 31 Thu Oct 2024 | 2.44 | 1.75 | 2.66 | 1.55 | 1.663 times |
Scroll below to view daily charts
Price has moved up 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is gaining 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 coming down
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 5.03 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is gaining 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 coming down
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 5.03 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.