Technical Analysis for CANG - Cango Inc.

Grade Last Price % Change Price Change
grade F 6.11 5.98% 0.35
CANG closed up 5.98 percent on Monday, August 19, 2019, on 46 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical CANG trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Wide Range Bar Range Expansion 5.98%
Oversold Stochastic Weakness 5.98%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.91%
Volume Surge Other 3.91%
Stochastic Reached Oversold Weakness 3.91%
Outside Day Range Expansion 3.91%
Oversold Stochastic Weakness 3.91%

Older signals for CANG ...

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Profile
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.
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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 12.69
52 Week Low 4.7
Average Volume 1,592
200-Day Moving Average 7.4013
50-Day Moving Average 6.5127
20-Day Moving Average 6.3003
10-Day Moving Average 6.1481
Average True Range 0.2616
ADX 15.21
+DI 33.8757
-DI 33.5044
Chandelier Exit (Long, 3 ATRs ) 6.4152
Chandelier Exit (Short, 3 ATRs ) 6.4329
Upper Bollinger Band 6.947
Lower Bollinger Band 5.6536
Percent B (%b) 0.35
BandWidth 20.529181
MACD Line -0.1921
MACD Signal Line -0.1502
MACD Histogram -0.0419
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.46
Resistance 3 (R3) 6.42 6.26 6.40
Resistance 2 (R2) 6.26 6.18 6.28 6.38
Resistance 1 (R1) 6.19 6.12 6.23 6.23 6.36
Pivot Point 6.03 6.03 6.05 6.05 6.03
Support 1 (S1) 5.96 5.95 6.00 6.00 5.86
Support 2 (S2) 5.80 5.89 5.82 5.84
Support 3 (S3) 5.73 5.80 5.82
Support 4 (S4) 5.77