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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (NYSE:CANG)

Sidelines Mode (-55) - CANG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CANG?

MarketClub looks at technical strength and momentum to determine if the timing is right for CANG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CANG
Open High Low CANG Price Change
4.50 4.50 4.31 4.32 -0.18
Entry Signal

MarketClub’s Trade Triangles for CANG

long term down The long-term trend has been DOWN since Apr 15th, 2021 at 6.950

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 4.518

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 4.410

Smart Scan Analysis for CANG

Based on our trend formula, CANG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CANG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.50 4.50 4.31 4.32 -0.18
Prev. Close Volume Bid Ask Time
4.50 177807 2021-10-22 15:59:53
Year High13.9Year High Date2018-07-26
Year Low8.2Year Low Date2018-08-22
52wk High19.652wk High Date2021-01-28
52wk Low3.3352wk Low Date2021-08-20
Average Volume225,909Market Cap786M
Assets117,013,456MLiabilities429,655,065M
P/E Ratio2.4233Volatility25.57
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