CANG (NYSE)

CANG NYSE

Cango American Depositary Receipts Representi

SHORT

0.1900

Prev.Close

0.3160

Change

-0.1260

Change%

-39.87%

BEARISH DESCENDING HAWK

Sold at

0.3065

Open

0.3160

High

0.3285

Low

0.1900

Gain%

-38.01%

Signal History

Date	Price	Signal	Change%		$100⇨
06/18	0.3065	SHORT	-38.0%		151
06/16	0.3114	BUY	-1.6%	❌	154
05/26	0.4833	SELL	-35.6%	✔	154
05/21	0.5050	BUY	-4.3%	❌	161
05/12	0.6265	SELL	-19.4%	✔	162
05/01	0.4444	BUY	+41.0%	✔ 👍	115
04/15	0.4594	SELL	-3.3%	✔	115
04/01	0.4241	BUY	+8.3%	✔	106
03/18	0.5644	SHORT	-24.9%	✔	86
03/16	0.6670	BUY	-15.4%	❌	102
01/16	1.4300	SELL	-53.4%	✔	102
12/31	1.4000	BUY	+2.1%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SHORT. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 0.3095, and our valid average selling price now stands at 0.3065. The previous BUY signal was issued on 06/16/2026, 2 days ago, when the stock price was 0.3114. Since then, CANG has fallen by -1.57%.

Market Outlook

The bears have substantial evidence supporting their case, prompting us to consider placing a bearish bet. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Act on the signal and capitalize on the bearish sentiment before the opportunity fades. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop-loss.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		$100⇨
06/18	0.3065	SHORT	-38.0%		528
06/16	0.3114	BUY	-1.6%	❌	538
05/26	0.4833	SELL	-35.6%	✔	539
05/21	0.5050	BUY	-4.3%	❌	564
05/12	0.6265	SELL	-19.4%	✔	566
05/01	0.4444	BUY	+41.0%	✔ 👍	402
04/15	0.4594	SELL	-3.3%	✔	403
04/01	0.4241	BUY	+8.3%	✔	373
03/18	0.5644	SHORT	-24.9%	✔	300
03/16	0.6670	BUY	-15.4%	❌	356
01/16	1.4300	SELL	-53.4%	✔	356
12/31	1.4000	BUY	+2.1%	✔	349
12/23	1.4400	SELL	-2.8%	✔	350
12/12	1.2600	BUY	+14.3%	✔ 👍	307
12/02	1.4100	SHORT	-10.6%	✔	279
11/26	1.4100	BUY	0.0%	❌	280
10/10	2.2970	SELL	-38.6%	✔	280
10/01	2.1700	BUY	+5.9%	✔	265
09/10	2.4010	SELL	-9.6%	✔	266
09/08	2.5800	BUY	-6.9%	❌	286
08/27	2.4350	SELL	+6.0%	❌	287
08/22	2.3700	BUY	+2.7%	✔	280
08/15	2.4050	SHORT	-1.5%	✔	277
08/06	2.3950	BUY	+0.4%	✔	277
07/25	2.5100	SHORT	-4.6%	✔	266
07/18	2.6600	BUY	-5.6%	❌	283
07/14	2.6400	SELL	+0.8%	❌	283
06/30	2.2470	BUY	+17.5%	✔ 👍	242
06/17	2.2870	SHORT	-1.7%	✔	238
06/06	2.5900	BUY	-11.7%	❌	271
05/30	2.2820	SELL	+13.5%	❌	272
05/28	2.4300	BUY	-6.1%	❌	290
05/23	2.2800	SELL	+6.6%	❌	290
05/21	2.1920	BUY	+4.0%	✔	280
05/15	2.1380	SHORT	+2.5%	❌	288
05/08	2.1250	BUY	+0.6%	✔	288
04/28	2.0812	SELL	+2.1%	❌	288
04/11	1.7850	BUY	+16.6%	✔ 👍	248
04/04	1.9050	SELL	-6.3%	✔	248
04/02	1.9440	BUY	-2.0%	❌	254