Technical Analysis for CANG - Cango Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 2.85 | 16.80% | 0.41 |
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.00% | |
| 180 Bullish Setup | Bullish Swing Setup | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Above Upper BB | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% |
| Alert | Time |
|---|---|
| Gap Up Partially Closed | about 18 hours ago |
| 60 Minute Opening Range Breakout | about 18 hours ago |
| Rose Above Previous Day's High | about 18 hours ago |
| New 52 Week High | about 18 hours ago |
| Rose Above Upper Bollinger Band | about 18 hours ago |
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- 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 | 2.85 |
| 52 Week Low | 0.92 |
| Average Volume | 79,469 |
| 200-Day Moving Average | 1.62 |
| 50-Day Moving Average | 1.80 |
| 20-Day Moving Average | 1.99 |
| 10-Day Moving Average | 2.20 |
| Average True Range | 0.20 |
| RSI (14) | 78.02 |
| ADX | 29.26 |
| +DI | 36.55 |
| -DI | 8.78 |
| Chandelier Exit (Long, 3 ATRs) | 2.26 |
| Chandelier Exit (Short, 3 ATRs) | 2.14 |
| Upper Bollinger Bands | 2.65 |
| Lower Bollinger Band | 1.32 |
| Percent B (%b) | 1.15 |
| BandWidth | 67.11 |
| MACD Line | 0.22 |
| MACD Signal Line | 0.12 |
| MACD Histogram | 0.0944 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 3.39 | ||||
| Resistance 3 (R3) | 3.33 | 3.09 | 3.30 | ||
| Resistance 2 (R2) | 3.09 | 2.95 | 3.12 | 3.27 | |
| Resistance 1 (R1) | 2.97 | 2.87 | 3.03 | 3.03 | 3.24 |
| Pivot Point | 2.73 | 2.73 | 2.76 | 2.76 | 2.73 |
| Support 1 (S1) | 2.61 | 2.59 | 2.67 | 2.67 | 2.46 |
| Support 2 (S2) | 2.37 | 2.51 | 2.40 | 2.43 | |
| Support 3 (S3) | 2.25 | 2.37 | 2.40 | ||
| Support 4 (S4) | 2.31 |
