(CHGG) Chegg Inc complete technical analysis [charts+indicators] | Buy/Sell Chegg Inc | (CHGG) share price targets
Complete technical analysis of Chegg Inc (CHGG) by charts plus indicators, forecast predictions and share price targets for Chegg Inc (CHGG)
Chegg Inc trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Chegg Inc is 3324670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 8.92 | 8.74 | 8.99 | 8.71 | 0.694 times |
| 22 Thu Feb 2024 | 8.76 | 8.74 | 8.91 | 8.68 | 1.21 times |
| 21 Wed Feb 2024 | 8.72 | 8.70 | 8.81 | 8.56 | 1.146 times |
| 20 Tue Feb 2024 | 8.74 | 9.06 | 9.11 | 8.74 | 0.862 times |
| 16 Fri Feb 2024 | 9.09 | 9.23 | 9.33 | 8.99 | 0.848 times |
| 15 Thu Feb 2024 | 9.31 | 9.08 | 9.34 | 9.07 | 0.999 times |
| 14 Wed Feb 2024 | 9.05 | 8.82 | 9.08 | 8.74 | 1.038 times |
| 13 Tue Feb 2024 | 8.69 | 8.56 | 8.82 | 8.47 | 1.502 times |
| 12 Mon Feb 2024 | 8.83 | 8.73 | 8.96 | 8.73 | 0.755 times |
| 09 Fri Feb 2024 | 8.73 | 8.60 | 8.96 | 8.52 | 0.881 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.6 or till 8. Use a stoploss of 9.18 and if the stock hits stoploss, then it can shoot up till 9.72
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 7.34 |
| Downside Target | 8.39 |
| Downside Target | 8.90 |
| Upside Target | 9.34 |
| Upside Target | 9.53 |
| Upside Target | 9.75 |
| Upside Target | 9.87 |
| Upside Target | 10.13 |
| Upside Target | 10.32 |
| Upside Target | 10.50 |
| Upside Target | 10.73 |
| Upside Target | 11.47 |
| Upside Target | 11.48 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 8.62 |
| Downside Intraday Target | 8.31 |
| Upside Intraday Target | 9.17 |
| Upside Intraday Target | 9.41 |
| Downside Intraday Target | 8.86 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 8.92 | 9.06 | 9.11 | 8.56 | 0.761 times |
| 16 Fri Feb 2024 | 9.09 | 8.73 | 9.34 | 8.47 | 0.614 times |
| 09 Fri Feb 2024 | 8.73 | 9.54 | 9.75 | 8.39 | 1.972 times |
| 02 Fri Feb 2024 | 9.57 | 10.28 | 10.32 | 9.53 | 1.249 times |
| 26 Fri Jan 2024 | 10.33 | 9.77 | 10.50 | 9.75 | 0.913 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Chegg Inc (CHGG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 8.92 | 9.92 | 10.13 | 8.39 | 1.145 times |
| 31 Wed Jan 2024 | 9.85 | 11.24 | 11.47 | 8.90 | 1.261 times |
| 29 Fri Dec 2023 | 11.36 | 9.90 | 11.48 | 9.87 | 0.707 times |
| 30 Thu Nov 2023 | 9.93 | 7.62 | 10.73 | 7.37 | 1.289 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Chegg Inc (CHGG)
Price action analysis of Chegg Inc ( (CHGG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chegg Inc ( (CHGG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chegg Inc ( (CHGG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chegg Inc ( (CHGG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Chegg Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Chegg Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chegg Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Chegg Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chegg Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.87 and Chegg Inc (CHGG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Chegg Inc (CHGG) stock. Volume based technical analysis of Chegg Inc (CHGG) stock is negative.
Chegg Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Chegg Inc ( (CHGG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chegg Inc ( (CHGG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chegg Inc ( (CHGG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chegg Inc ( (CHGG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Chegg Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Chegg Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chegg Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Chegg Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chegg Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.87 and Chegg Inc (CHGG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Chegg Inc (CHGG) stock. Volume based technical analysis of Chegg Inc (CHGG) stock is negative.
Chegg Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.