Technical Analysis for CANG - Cango Inc.

Grade Last Price % Change Price Change
F 5.41 6.08% 0.31
CANG closed up 6.08 percent on Friday, May 14, 2021, on 35 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical CANG trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 6.08%
Outside Day Range Expansion 6.08%
Wide Bands Range Expansion 6.08%
Lower Bollinger Band Touch Weakness 6.08%
Oversold Stochastic Weakness 6.08%
Older End-of-Day Signals for CANG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout 2 days ago
Possible Inside Day 2 days ago
Up 5% 3 days ago
Up 3% 3 days ago
Up 2% 3 days ago
View Earlier Intraday Alerts

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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

Indicators

Indicator Value
52 Week High 19.6
52 Week Low 4.2
Average Volume 710,588
200-Day Moving Average 7.50
50-Day Moving Average 7.62
20-Day Moving Average 6.19
10-Day Moving Average 5.65
Average True Range 0.46
ADX 41.18
+DI 8.74
-DI 38.05
Chandelier Exit (Long, 3 ATRs ) 5.83
Chandelier Exit (Short, 3 ATRs ) 6.19
Upper Bollinger Band 7.49
Lower Bollinger Band 4.88
Percent B (%b) 0.2
BandWidth 42.24
MACD Line -0.71
MACD Signal Line -0.67
MACD Histogram -0.0355
Fundamentals Value
Market Cap 816.76 Million
Num Shares 151 Million
EPS 0.11
Price-to-Earnings (P/E) Ratio 47.46
Price-to-Sales 5.26
Price-to-Book 1.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.98
Resistance 3 (R3) 5.94 5.70 5.89
Resistance 2 (R2) 5.70 5.56 5.73 5.85
Resistance 1 (R1) 5.56 5.47 5.63 5.60 5.82
Pivot Point 5.32 5.32 5.36 5.35 5.32
Support 1 (S1) 5.18 5.18 5.25 5.22 5.00
Support 2 (S2) 4.94 5.09 4.97 4.97
Support 3 (S3) 4.80 4.94 4.94
Support 4 (S4) 4.84