Logo image of CANG

CANGO INC/KY - ADR (CANG) Stock Technical Analysis

NYSE:CANG - New York Stock Exchange, Inc. - US1375861036 - ADR - Currency: USD

3.62  -0.54 (-12.98%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CANG. In the last year, CANG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month CANG has a been trading in the 4.08 - 5.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that CANG is one of the better performing stocks in the market, outperforming 96% of all stocks.
CANG is part of the Specialty Retail industry. There are 121 other stocks in this industry. CANG outperforms 94% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CANG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CANG is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CANGO INC/KY - ADR / CANG Weekly stock chart
CANGO INC/KY - ADR / CANG Daily stock chart
Setup Rating and Analysis

3

CANG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.46

5.30

When analyzing the support we can see 2 important areas.

  • Support @1.51 from a horizontal line in the daily time frame.
  • Support @1.47 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 4.15 to 4.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 4.55 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @5.25 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.28
Mansfield5.45
10 Day High5.22
10 Day Low4.08
20 Day High5.29
20 Day Low4.08
52 Week High9.66
52 Week Low1.32
Performance
1 Week-10.15%
2 Weeks-14.05%
1 Month-12.6%
3 Month9.19%
6 Month132.4%
12 Month137.04%
2 Year212.78%
3 Year22.71%
5 Year-40.57%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)38.82
LBB4.11
UBB5.18
CANGO INC/KY - ADR / CANG Daily stock chart

CANGO INC/KY - ADR

NYSE:CANG (2/24/2025, 11:45:38 AM)

3.62

-0.54 (-12.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-12.98%
1 Week-10.15%
2 Weeks-14.05%
1 Month-12.6%
3 Month9.19%
6 Month132.4%
12 Month137.04%
2 Year212.78%
3 Year22.71%
5 Year-40.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%7.85%
ATR Inc13.29%
Range Today0.51
ADR(20)0.31
ADR(20)%8.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.28
Mansfield5.45
10 Day High5.22
10 Day Low4.08
20 Day High5.29
20 Day Low4.08
52 Week High9.66
52 Week Low1.32
CS1 End4.15
CR1 Start4.55
Volume & EV
DER(3)-21.22%
DER(5)-21.03%
Volume637.22K
Volume Incr22.63%
Vol(5)434.50K
Vol(50)795.19K