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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (NYSE:CANG)
Countertrend Up (+85) - CANG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Oct 25th, 2024 at 2.08
The intermediate-term trend has been UP since Sep 26th, 2024 at 1.77
The short-term trend has been DOWN since Dec 20th, 2024 at 5.02
Smart Scan Analysis for CANG
Based on our trend formula, CANG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.00 | 5.39 | 5.00 | 5.21 | +0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.02 | 371781 | 2024-12-26 14:18:55 |
| Year High | 13.9 | Year High Date | 2018-07-26 |
| Year Low | 8.2 | Year Low Date | 2018-08-22 |
| 52wk High | 9.66 | 52wk High Date | 2024-12-18 |
| 52wk Low | 0.955 | 52wk Low Date | 2024-01-09 |
| Average Volume | 1,193,514 | Market Cap | 786M |
| Assets | 452,728,914M | Liabilities | 555,746,847M |
| P/E Ratio | 52.8421 | Volatility | 25.57 |