Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Bull Market Weakness (+75) - CANG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CANG as it may be in the beginning stages 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.

NYSE_CANG
Open High Low CANG Price Change
3.400 3.630 3.400 3.505 +0.095
Entry Signal

MarketClub’s Trade Triangles for CANG

long term up The long-term trend has been UP since Oct 25th, 2024 at 2.08

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 1.77

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 3.62

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).

+75
Smart Scan Analysis for CANG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.400 3.630 3.400 3.505 +0.095
Prev. Close Volume Bid Ask Time
3.500 337463 2024-11-19 15:59:08
Year High13.9Year High Date2018-07-26
Year Low8.2Year Low Date2018-08-22
52wk High4.252wk High Date2024-11-11
52wk Low0.9252wk Low Date2023-12-07
Average Volume395,574Market Cap786M
Assets452,728,914MLiabilities555,746,847M
P/E Ratio35.8947Volatility25.57
Get a free daily analysis and signals for Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG) - Request Your Free Report.