CANG NEWS why is Cango Inc. price falling or rising

CANG NEWS reasons for why stock price of Cango Inc. is falling or rising

CANG Cango Inc is falling or rising technical reasons

Technical analysis forecast of Cango Inc Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Cango Inc CANG at this time. Stock is rising and might rise more.

It appears as if Cango Inc CANG gave a large move recently.

Stock of Cango Inc (CANG) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Cango Inc is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.8, for a target of 1.7 or 1.66

CANG Cango Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

CANG Cango Inc. current price & indicator signals

Moving Averages for Cango Inc.

  • 5Day Average: 1.66
  • 12Day Average: 1.6
  • 20Day Average: 1.62
  • 50Day Average: 1.72
  • 100Day Average: 1.71
  • 150Day Average: 1.63
  • 200Day Average: 1.52

CANG Indicators & signals

Indicator MACD (12,26,9)

1.63, 1.65, -0.04
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 46.67, 40
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CANG Cango Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Fri Sep 2024 1.82 1.74 to 1.85 7.69% 0.76 times
26 Thu Sep 2024 1.69 1.65 to 1.80 4.97% 1.62 times
25 Wed Sep 2024 1.61 1.59 to 1.69 0.63% 0.66 times
24 Tue Sep 2024 1.60 1.48 to 1.67 0% 3.87 times
23 Mon Sep 2024 1.60 1.53 to 1.68 -0.62% 0.89 times
20 Fri Sep 2024 1.61 1.46 to 1.70 1.9% 1.14 times
19 Thu Sep 2024 1.58 1.51 to 1.66 5.33% 0.67 times
18 Wed Sep 2024 1.50 1.48 to 1.69 -4.46% 0.5 times
17 Tue Sep 2024 1.57 1.54 to 1.65 1.95% 0.26 times
16 Mon Sep 2024 1.54 1.53 to 1.60 0.65% 0.12 times
13 Fri Sep 2024 1.53 1.52 to 1.67 -1.92% 0.27 times
12 Thu Sep 2024 1.56 1.40 to 1.63 -1.27% 0.31 times

Videos related to: CANG NEWS why is Cango Inc. price falling or rising

Videos related to: CANG NEWS why is Cango Inc. price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

CANG NEWS why is Cango Inc. price falling or rising

 

Back to top