CANG (NYSE)

CANG NYSE

Cango American Depositary Receipts Representi

STAY LONG

2.0500

Prev.Close

2.2600

Change

-0.2100

Change%

-9.29%

BEARISH KICKING

Bought at

1.6800

Open

2.1400

High

2.1900

Low

2.0000

2.0500

Gain%

+22.02%

Signal History

Date	Price	Signal	Change%		$100⇨
08/11	1.6800	BUY	+22.0%	✔	216
08/06	1.5900	SHORT	+5.7%	❌	230
08/04	1.6300	BUY	-2.5%	❌	237
07/13	2.0750	SHORT	-21.4%	✔	196
07/01	2.0650	BUY	+0.5%	✔	196
06/18	3.0650	SHORT	-32.6%	✔	148
06/16	3.1140	BUY	-1.6%	❌	151
05/26	4.8330	SELL	-35.6%	✔	151
05/21	5.0500	BUY	-4.3%	❌	158
05/12	6.2655	SELL	-19.4%	✔	159
05/01	4.4440	BUY	+41.0%	✔ 👍	113
04/15	4.5940	SELL	-3.3%	✔	113
04/01	4.2410	BUY	+8.3%	✔	105
03/18	5.6440	SHORT	-24.9%	✔	84
03/16	6.6700	BUY	-15.4%	❌	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 STAY LONG. The previous BUY signal was issued on 08/11/2026, 3 days ago, when the stock price was 1.6800. Since then, CANG has risen by +22.02%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This pattern starts with a white Marubozu followed by a black Marubozu. After the white Marubozu, the market opens below the previous session’s opening price, creating a gap between the two candlesticks. more...

Date	Price	Signal	Change%		$100⇨
08/11	1.6800	BUY	+22.0%	✔	654
08/06	1.5900	SHORT	+5.7%	❌	696
08/04	1.6300	BUY	-2.5%	❌	716
07/13	2.0750	SHORT	-21.4%	✔	592
07/01	2.0650	BUY	+0.5%	✔	592
06/18	3.0650	SHORT	-32.6%	✔	448
06/16	3.1140	BUY	-1.6%	❌	457
05/26	4.8330	SELL	-35.6%	✔	458
05/21	5.0500	BUY	-4.3%	❌	479
05/12	6.2655	SELL	-19.4%	✔	480
05/01	4.4440	BUY	+41.0%	✔ 👍	341
04/15	4.5940	SELL	-3.3%	✔	342
04/01	4.2410	BUY	+8.3%	✔	316
03/18	5.6440	SHORT	-24.9%	✔	254
03/16	6.6700	BUY	-15.4%	❌	302
01/16	14.2600	SELL	-53.2%	✔	302
12/31	14.0300	BUY	+1.6%	✔	298
12/23	14.3500	SELL	-2.2%	✔	299
12/12	12.6200	BUY	+13.7%	✔ 👍	263
12/02	14.0600	SHORT	-10.2%	✔	240
11/26	14.1400	BUY	-0.6%	❌	242
10/10	22.9700	SELL	-38.4%	✔	243
10/01	21.7100	BUY	+5.8%	✔	230
09/10	24.0100	SELL	-9.6%	✔	230
09/08	25.8000	BUY	-6.9%	❌	248
08/27	24.3500	SELL	+6.0%	❌	248
08/22	23.7300	BUY	+2.6%	✔	243
08/15	24.0500	SHORT	-1.3%	✔	240
08/06	23.9500	BUY	+0.4%	✔	240
07/25	25.1400	SHORT	-4.7%	✔	230
07/18	26.6000	BUY	-5.5%	❌	245
07/14	26.4300	SELL	+0.6%	❌	245
06/30	22.4700	BUY	+17.6%	✔ 👍	209
06/17	22.8700	SHORT	-1.7%	✔	206
06/06	25.8500	BUY	-11.5%	❌	234
05/30	22.8200	SELL	+13.3%	❌	234
05/28	24.3000	BUY	-6.1%	❌	250
05/23	22.8000	SELL	+6.6%	❌	251
05/21	21.9200	BUY	+4.0%	✔	241
05/15	21.3800	SHORT	+2.5%	❌	249