Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (NYSE:CANG)
Bear Market Rally (-75) - CANG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CANG as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CANG
The long-term trend has been DOWN since Jul 1st, 2022 at 2.24
The intermediate-term trend has been DOWN since Jan 31st, 2023 at 1.33
The short-term trend has been UP since Mar 20th, 2023 at 1.10
Smart Scan Analysis for CANG
Based on our trend formula, CANG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.090 | 1.105 | 1.060 | 1.085 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.080 | 50416 | 2023-03-21 15:55:25 |
| Year High | 13.9 | Year High Date | 2018-07-26 |
| Year Low | 8.2 | Year Low Date | 2018-08-22 |
| 52wk High | 3.8 | 52wk High Date | 2022-05-23 |
| 52wk Low | 1.01 | 52wk Low Date | 2023-03-15 |
| Average Volume | 61,719 | Market Cap | 786M |
| Assets | 838,825,250M | Liabilities | 249,457,728M |
| P/E Ratio | 38.7931 | Volatility | 25.57 |