CANGO INC/KY - ADR (CANG) Stock Technical Analysis
NYSE:CANG - New York Stock Exchange, Inc. - US1375861036 - ADR - Currency: USD
Taking everything into account, CANG scores 7 out of 10 in our technical rating. In the last year, CANG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month CANG has a been trading in the 4.34 - 5.44 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CANG is one of the better performing stocks in the Specialty Retail industry, it outperforms 96% of 121 stocks in the same industry.
Looking at the yearly performance, CANG did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
CANG has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
4.06
5.30
2 important support areas can be observed.
- A support zone ranging from 4.35 to 4.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.10 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @5.00 from a trend line in the daily time frame.
- Resistance @5.25 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CANG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CANG is neutral. |
| ChartMill Relative Strength | 97.2 | POSITIVE | CANG has a high relative strength, it outperformed 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CANG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CANG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.98 | NEUTRAL | The RSI value for CANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CANG has a negative trend. |
| Stochastics (14,3) | 9.87 | OVERSOLD | The low Stochastics value suggests CANG may be oversold. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for CANG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.89 | POSITIVE | The high ADX value value for CANG suggests a strong trend. |
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)
NYSE:CANG (6/18/2025, 8:04:00 PM)
4.44
-0.13 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.84%
1 Week-11.38%
2 Weeks-15.27%
1 Month2.3%
3 Month9.09%
6 Month-12.08%
12 Month165.87%
2 Year279.52%
3 Year97.33%
5 Year-26.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%6.48%
ATR Inc-22.17%
Range Today0.25
ADR(20)0.28
ADR(20)%6.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield2.61
10 Day High5.44
10 Day Low4.42
20 Day High5.44
20 Day Low4.34
52 Week High9.66
52 Week Low1.4
CS1 End4.43
CR1 Start5
Volume & EV
DER(3)-6.78%
DER(5)-9.52%
Volume215.90K
Volume Incr-20.19%
Vol(5)359.42K
Vol(50)329.95K