Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (NYSE:CANG)
Strong Uptrend (+100) - CANG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CANG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Feb 2nd, 2024 at 1.20
The intermediate-term trend has been UP since Jun 6th, 2024 at 1.75
The short-term trend has been UP since Jul 23rd, 2024 at 2.02
Smart Scan Analysis for CANG
Based on our trend formula, CANG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.9700 | 1.9400 | 1.8800 | 1.9101 | -0.0299 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.9400 | 8011 | 2024-07-26 11:17:21 |
| Year High | 13.9 | Year High Date | 2018-07-26 |
| Year Low | 8.2 | Year Low Date | 2018-08-22 |
| 52wk High | 2.08 | 52wk High Date | 2024-07-15 |
| 52wk Low | 0.92 | 52wk Low Date | 2023-12-07 |
| Average Volume | 37,650 | Market Cap | 786M |
| Assets | 458,035,801M | Liabilities | 723,716,726M |
| P/E Ratio | 38.7931 | Volatility | 25.57 |