(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 2024-05-30 View latest technical analysis
10 day averaged volume of Chegg Inc is 3904165
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 3.77 | 3.69 | 3.88 | 3.67 | 1.155 times |
| 29 Wed May 2024 | 3.67 | 3.58 | 3.72 | 3.51 | 1.022 times |
| 28 Tue May 2024 | 3.63 | 3.70 | 3.77 | 3.61 | 0.665 times |
| 24 Fri May 2024 | 3.69 | 3.80 | 3.83 | 3.69 | 0.6 times |
| 23 Thu May 2024 | 3.77 | 3.92 | 3.93 | 3.73 | 1.005 times |
| 22 Wed May 2024 | 3.94 | 4.09 | 4.13 | 3.93 | 0.648 times |
| 21 Tue May 2024 | 4.10 | 4.01 | 4.18 | 3.89 | 1.884 times |
| 20 Mon May 2024 | 4.07 | 4.38 | 4.39 | 4.05 | 1.235 times |
| 17 Fri May 2024 | 4.38 | 4.56 | 4.56 | 4.37 | 1.051 times |
| 16 Thu May 2024 | 4.60 | 4.60 | 4.67 | 4.51 | 0.75 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.9, but if it comes above 3.9, then a intra day buy could be more profitable.
If you take a sell trade below 3.9, then use 3.9 as stoploss and 3.2 as target. However if you take a buy trade in stock , then use 3.9 as stoploss and 4.44 as target.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 3.51 |
| Downside Target | 3.69 |
| Upside Target | 3.88 |
| Upside Target | 4.37 |
| Upside Target | 4.67 |
| Upside Target | 4.84 |
| Upside Target | 4.96 |
| Upside Target | 5.11 |
| Upside Target | 5.33 |
| Upside Target | 5.49 |
| Upside Target | 7.22 |
| Upside Target | 7.75 |
| Upside Target | 8.39 |
| Upside Target | 8.90 |
| Upside Target | 9.14 |
| Upside Target | 10.13 |
| Upside Target | 11.47 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 3.56 |
| Downside Intraday Target | 3.35 |
| Upside Intraday Target | 3.93 |
| Upside Intraday Target | 4.09 |
| Downside Intraday Target | 3.72 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 3.77 | 3.70 | 3.88 | 3.51 | 0.529 times |
| 24 Fri May 2024 | 3.69 | 4.38 | 4.39 | 3.69 | 1.017 times |
| 17 Fri May 2024 | 4.38 | 4.74 | 4.84 | 4.37 | 1.33 times |
| 10 Fri May 2024 | 4.68 | 5.27 | 5.33 | 4.67 | 0.386 times |
| 03 Fri May 2024 | 5.24 | 7.06 | 7.22 | 4.96 | 4.489 times |
Price has moved up 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 |
| 30 Thu May 2024 | 3.77 | 5.15 | 5.49 | 3.51 | 1.322 times |
| 30 Tue Apr 2024 | 5.17 | 7.63 | 7.75 | 5.11 | 1.46 times |
| 28 Thu Mar 2024 | 7.57 | 8.93 | 9.14 | 7.30 | 0.581 times |
| 29 Thu Feb 2024 | 8.94 | 9.92 | 10.13 | 8.39 | 1.349 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL signal for Chegg Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chegg Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chegg Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.98 and Chegg Inc (CHGG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL signal for Chegg Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chegg Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chegg Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.98 and Chegg Inc (CHGG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.