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.

My analysis of Cango Inc is bullish for shortterm, and stock might move up till 4.1 or till 4.6. Use a stoploss of 3.64 and if this stock hits its stoploss, then it can fall down till 3.19

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: 3.34
  • 12Day Average: 3.32
  • 20Day Average: 3.6
  • 50Day Average: 4.26
  • 100Day Average: 4.11
  • 150Day Average: 3.31
  • 200Day Average: 2.93

CANG Indicators & signals

Indicator MACD (12,26,9)

3.46, 3.75, -0.34
Indicator MACD is in negative zone

Indicator ADX (14)

17.65, 29.41, 20.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
14 Fri Mar 2025 3.78 3.30 to 3.80 14.55% 2.73 times
13 Thu Mar 2025 3.30 3.26 to 3.50 -0.6% 0.52 times
12 Wed Mar 2025 3.32 3.10 to 3.34 3.75% 0.61 times
11 Tue Mar 2025 3.20 3.15 to 3.33 3.23% 0.71 times
10 Mon Mar 2025 3.10 3.06 to 3.29 -8.55% 0.81 times
07 Fri Mar 2025 3.39 3.21 to 3.59 2.11% 0.87 times
06 Thu Mar 2025 3.32 3.24 to 3.46 -3.49% 0.73 times
05 Wed Mar 2025 3.44 3.18 to 3.44 9.21% 1.45 times
04 Tue Mar 2025 3.15 3.01 to 3.40 -1.87% 1.12 times
03 Mon Mar 2025 3.21 3.21 to 3.57 -0.93% 1.93 times
28 Fri Feb 2025 3.24 3.16 to 3.37 -3.57% 1.25 times
27 Thu Feb 2025 3.36 3.31 to 3.59 -0.59% 1.26 times

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CANG NEWS why is Cango Inc. price falling or rising

 

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