Technical Analysis for CANG - Cango Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Wide Bands | Range Expansion | -3.86% | |
| Calm After Storm | Range Contraction | 13.71% | |
| NR7 | Range Contraction | 13.71% | |
| NR7-2 | Range Contraction | 13.71% | |
| Wide Bands | Range Expansion | 13.71% | |
| 1,2,3 Pullback Bullish | Bullish Swing Setup | 16.72% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 16.72% | |
| Calm After Storm | Range Contraction | 16.72% | |
| NR7 | Range Contraction | 16.72% | |
| Wide Bands | Range Expansion | 16.72% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | about 3 hours ago |
| New 52 Week High | about 3 hours ago |
| 2x Volume Pace | about 3 hours ago |
| 1.5x Volume Pace | about 3 hours ago |
| Down 3% | about 3 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 09/02/2024
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 4.2 |
| 52 Week Low | 0.92 |
| Average Volume | 212,875 |
| 200-Day Moving Average | 1.77 |
| 50-Day Moving Average | 2.26 |
| 20-Day Moving Average | 3.09 |
| 10-Day Moving Average | 3.67 |
| Average True Range | 0.35 |
| RSI (14) | 72.14 |
| ADX | 43.28 |
| +DI | 34.17 |
| -DI | 11.54 |
| Chandelier Exit (Long, 3 ATRs) | 3.15 |
| Chandelier Exit (Short, 3 ATRs) | 2.82 |
| Upper Bollinger Bands | 4.42 |
| Lower Bollinger Band | 1.76 |
| Percent B (%b) | 0.89 |
| BandWidth | 86.14 |
| MACD Line | 0.49 |
| MACD Signal Line | 0.44 |
| MACD Histogram | 0.0432 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 5.06 | ||||
| Resistance 3 (R3) | 4.95 | 4.55 | 4.90 | ||
| Resistance 2 (R2) | 4.55 | 4.31 | 4.60 | 4.85 | |
| Resistance 1 (R1) | 4.34 | 4.17 | 4.45 | 4.45 | 4.80 |
| Pivot Point | 3.94 | 3.94 | 3.99 | 3.99 | 3.94 |
| Support 1 (S1) | 3.73 | 3.70 | 3.84 | 3.84 | 3.48 |
| Support 2 (S2) | 3.33 | 3.56 | 3.38 | 3.43 | |
| Support 3 (S3) | 3.12 | 3.33 | 3.38 | ||
| Support 4 (S4) | 3.23 |
