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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.
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MarketClub’s Trade Triangles for CANG
The long-term trend has been DOWN since Apr 15th, 2021 at 6.950
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.518
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).
| 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 High | 13.9 | Year High Date | 2018-07-26 |
| Year Low | 8.2 | Year Low Date | 2018-08-22 |
| 52wk High | 19.6 | 52wk High Date | 2021-01-28 |
| 52wk Low | 3.33 | 52wk Low Date | 2021-08-20 |
| Average Volume | 225,909 | Market Cap | 786M |
| Assets | 117,013,456M | Liabilities | 429,655,065M |
| P/E Ratio | 2.4233 | Volatility | 25.57 |