(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 2024-06-05 View latest technical analysis
10 day averaged volume of Chegg Inc is 3877830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 3.68 | 3.64 | 3.77 | 3.61 | 0.861 times |
| 04 Tue Jun 2024 | 3.62 | 3.60 | 3.76 | 3.60 | 0.954 times |
| 03 Mon Jun 2024 | 3.66 | 3.84 | 3.92 | 3.65 | 0.915 times |
| 31 Fri May 2024 | 3.83 | 3.80 | 3.91 | 3.76 | 1.104 times |
| 30 Thu May 2024 | 3.77 | 3.69 | 3.88 | 3.67 | 1.163 times |
| 29 Wed May 2024 | 3.67 | 3.58 | 3.72 | 3.51 | 1.029 times |
| 28 Tue May 2024 | 3.63 | 3.70 | 3.77 | 3.61 | 0.67 times |
| 24 Fri May 2024 | 3.69 | 3.80 | 3.83 | 3.69 | 0.604 times |
| 23 Thu May 2024 | 3.77 | 3.92 | 3.93 | 3.73 | 1.012 times |
| 22 Wed May 2024 | 3.94 | 4.09 | 4.13 | 3.93 | 0.652 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.7, but if it comes above 3.7, then a intra day buy could be more profitable.
If you take a sell trade below 3.7, then use 3.7 as stoploss and 3.1 as target. However if you take a buy trade in stock , then use 3.7 as stoploss and 4.14 as target.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 3.51 |
| Downside Target | 3.60 |
| Upside Target | 3.69 |
| Upside Target | 3.91 |
| Upside Target | 4.37 |
| Upside Target | 4.67 |
| Upside Target | 4.84 |
| Upside Target | 5.11 |
| Upside Target | 5.33 |
| Upside Target | 5.49 |
| Upside Target | 7.30 |
| Upside Target | 7.75 |
| Upside Target | 8.39 |
| Upside Target | 9.14 |
| Upside Target | 10.13 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 3.55 |
| Downside Intraday Target | 3.41 |
| Upside Intraday Target | 3.87 |
| Upside Intraday Target | 4.05 |
| Upside Intraday Target | 3.73 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 3.68 | 3.84 | 3.92 | 3.60 | 0.688 times |
| 31 Fri May 2024 | 3.83 | 3.70 | 3.91 | 3.51 | 0.733 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 |
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 |
| 05 Wed Jun 2024 | 3.68 | 3.84 | 3.92 | 3.60 | 0.12 times |
| 31 Fri May 2024 | 3.83 | 5.15 | 5.49 | 3.51 | 1.389 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 |
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 3.73 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 3.73 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.