or Try an Advanced Search...

    Technical Analysis for CANG - Cango Inc.

    Grade Last Price % Change Price Change
    C 1.48 1.37% 0.02
    CANG closed up 1.37 percent on Thursday, May 2, 2024, on 1.35 times normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
    1 Watcher
    Watchlist Portfolio

    Trend Table & Recent EOD Trading Signals

    ADX Long Term Intermediate Term Short Term
    Weak or Absent Up Flat Up
    Historical CANG trend table...
    Date Alert Name Type % Chg
    50 DMA Resistance Bearish 0.00%
    Shooting Star Candlestick Bearish 0.00%
    Lizard Bearish Bearish Day Trade Setup 0.00%
    MACD Bullish Centerline Cross Bullish 0.00%
    Upper Bollinger Band Walk Strength 0.00%
    Upper Bollinger Band Touch Strength 0.00%
    Fell Below 50 DMA Bearish 1.37%
    NR7 Range Contraction 1.37%
    NR7-2 Range Contraction 1.37%
    Narrow Range Bar Range Contraction 1.37%
    Older End-of-Day Signals for CANG ...

       Recent Intraday Alerts

    Alert Time
    Upper Bollinger Band Resistance about 16 hours ago
    1.5x Volume Pace about 17 hours ago
    Rose Above Previous Day's High about 18 hours ago
    Rose Above Upper Bollinger Band about 18 hours ago
    Rose Above 50 DMA about 18 hours ago
    View Earlier Intraday Alerts

    Get a Trading Assistant

    Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
    Track My Stocks
    Configure default chart indicators
    CANG Chart by TradingView
    Basic chart:

    Profile

    Cango Inc. Description

    Cango Inc. (CANG) is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China's automotive finance industry, the Company is headquartered in Shanghai and has a nationwide network. The Company's services primarily consist of automotive financing facilitation, automotive transaction facilitation, and after-market services facilitation. By utilizing its competitive advantages in technology, data insights, and cloud-based infrastructure, Cango is able to connect its platform participants while bringing them a premium user experience. Cango's platform model puts it in a unique position to add value for its platform participants and business partners as the mobility market in China continues to grow and evolve.

    Classification
    Sector: Technology
    Industry: Internet Content & Information
    Keywords: E Mobility Automotive Finance Car Buyers

    Is CANG a Buy, Sell or Hold?

    Indicator Bull Case Neutral / Hold Bear Case
    50 DMA
    200 DMA
    ADX Trend
    Oversold / Overbought
    Relative Strength
    Counts: 1 bullish, 0 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.

    Recent News

    Date Title
    Apr 26 Cango Inc. Filed Its Annual Report on Form 20-F
    Apr 24 Cango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 51% ownership, insiders own 28%
    Apr 23 Cango authorizes new $50 million share buyback program
    Apr 23 Cango Inc. Announces Up to US$50 Million New Share Repurchase Program
    Mar 14 Facing Winter At Home, Cango Looks Overseas
    Mar 14 Cango Full Year 2023 Earnings: CN¥0.31 loss per share (vs CN¥8.11 loss in FY 2022)
    Mar 13 Cango's (NYSE:CANG) Returns On Capital Tell Us There Is Reason To Feel Uneasy
    Mar 12 Q4 2023 Cango Inc Earnings Call
    Mar 12 Cango Inc. (NYSE:CANG) Q4 2023 Earnings Call Transcript
    Mar 12 Cango Inc. (CANG) Q4 2023 Earnings Call Transcript
    See more CANG news...

    Comments

    View full discussion...

    Indicators

    Indicator Value
    52 Week High 1.88
    52 Week Low 0.92
    Average Volume 51,810
    200-Day Moving Average 1.23
    50-Day Moving Average 1.48
    20-Day Moving Average 1.43
    10-Day Moving Average 1.42
    Average True Range 0.10
    RSI (14) 54.75
    ADX 15.62
    +DI 23.56
    -DI 9.48
    Chandelier Exit (Long, 3 ATRs) 1.29
    Chandelier Exit (Short, 3 ATRs) 1.63
    Upper Bollinger Bands 1.53
    Lower Bollinger Band 1.33
    Percent B (%b) 0.74
    BandWidth 14.47
    MACD Line 0.00
    MACD Signal Line -0.01
    MACD Histogram 0.0102
    Fundamentals Value
    Market Cap 199.43 Million
    Num Shares 135 Million
    EPS -0.50
    Price-to-Earnings (P/E) Ratio -2.96
    Price-to-Sales 0.08
    Price-to-Book 0.29
    Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
    Resistance 4 (R4) 1.68
    Resistance 3 (R3) 1.70 1.64 1.65
    Resistance 2 (R2) 1.64 1.59 1.64 1.64
    Resistance 1 (R1) 1.56 1.56 1.60 1.55 1.63
    Pivot Point 1.51 1.51 1.53 1.50 1.51
    Support 1 (S1) 1.42 1.45 1.47 1.41 1.33
    Support 2 (S2) 1.37 1.42 1.36 1.32
    Support 3 (S3) 1.29 1.37 1.31
    Support 4 (S4) 1.28