Technical Analysis for CANG - Cango Inc.

Grade Last Price % Change Price Change
grade D 7.69 0.65% 0.05
CANG closed up 0.65 percent on Friday, February 15, 2019, on 63 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Feb 15 Crossed Above 50 DMA Bullish 0.00%
Feb 15 Calm After Storm Range Contraction 0.00%
Feb 15 Narrow Range Bar Range Contraction 0.00%
Feb 15 Weak + Overbought Other 0.00%
Feb 15 Overbought Stochastic Strength 0.00%
Feb 14 Fell Below 50 DMA Bearish 0.65%
Feb 14 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.65%
Feb 14 Calm After Storm Range Contraction 0.65%
Feb 14 Narrow Range Bar Range Contraction 0.65%
Feb 14 Stochastic Reached Overbought Strength 0.65%

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: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 13.9
52 Week Low 6.67
Average Volume 1,740
200-Day Moving Average 0.0
50-Day Moving Average 7.6486
20-Day Moving Average 7.2147
10-Day Moving Average 7.3244
Average True Range 0.1991
ADX 13.95
+DI 37.3269
-DI 23.2226
Chandelier Exit (Long, 3 ATRs ) 7.1927
Chandelier Exit (Short, 3 ATRs ) 7.2673
Upper Bollinger Band 7.7299
Lower Bollinger Band 6.6995
Percent B (%b) 0.96
BandWidth 14.281952
MACD Line -0.0158
MACD Signal Line -0.1232
MACD Histogram 0.1074
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.83
Resistance 3 (R3) 7.81 7.75 7.80
Resistance 2 (R2) 7.75 7.72 7.76 7.79
Resistance 1 (R1) 7.72 7.69 7.74 7.74 7.79
Pivot Point 7.66 7.66 7.67 7.67 7.66
Support 1 (S1) 7.63 7.63 7.65 7.65 7.59
Support 2 (S2) 7.57 7.60 7.58 7.59
Support 3 (S3) 7.54 7.57 7.58
Support 4 (S4) 7.56