(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 2024-06-27 View latest technical analysis
10 day averaged volume of Chegg Inc is 8263270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 2.96 | 2.92 | 3.01 | 2.87 | 0.433 times |
| 26 Wed Jun 2024 | 2.91 | 2.94 | 2.96 | 2.83 | 0.322 times |
| 25 Tue Jun 2024 | 2.98 | 3.03 | 3.10 | 2.92 | 0.415 times |
| 24 Mon Jun 2024 | 3.03 | 2.83 | 3.07 | 2.82 | 0.698 times |
| 21 Fri Jun 2024 | 2.85 | 2.82 | 2.87 | 2.73 | 0.515 times |
| 20 Thu Jun 2024 | 2.82 | 2.68 | 2.86 | 2.53 | 0.798 times |
| 18 Tue Jun 2024 | 2.70 | 3.02 | 3.26 | 2.69 | 2.442 times |
| 18 Tue Jun 2024 | 2.70 | 3.02 | 3.26 | 2.69 | 2.442 times |
| 17 Mon Jun 2024 | 2.61 | 2.81 | 2.86 | 2.60 | 0.693 times |
| 14 Fri Jun 2024 | 2.79 | 2.98 | 3.04 | 2.72 | 0.781 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.8 as stoploss in an intra day buy trade for a target of 3.22. However, stock will show a bearish move below 2.8.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 2.53 |
| Downside Target | 2.60 |
| Downside Target | 2.72 |
| Downside Target | 2.82 |
| Upside Target | 3.10 |
| Upside Target | 3.26 |
| Upside Target | 3.51 |
| Upside Target | 3.60 |
| Upside Target | 3.75 |
| Upside Target | 3.92 |
| Upside Target | 5.11 |
| 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 | 2.82 |
| Downside Intraday Target | 2.68 |
| Upside Intraday Target | 3.1 |
| Upside Intraday Target | 3.24 |
| Downside Intraday Target | 2.96 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 2.96 | 2.83 | 3.10 | 2.82 | 0.497 times |
| 21 Fri Jun 2024 | 2.85 | 3.02 | 3.26 | 2.53 | 1.198 times |
| 18 Tue Jun 2024 | 2.70 | 2.81 | 3.26 | 2.60 | 1.148 times |
| 14 Fri Jun 2024 | 2.79 | 3.70 | 3.75 | 2.72 | 1.504 times |
| 07 Fri Jun 2024 | 3.70 | 3.84 | 3.92 | 3.60 | 0.976 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 |
| 27 Thu Jun 2024 | 2.96 | 3.84 | 3.92 | 2.53 | 1.241 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Weak 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 and BUY signal is strong.
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
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 2.77 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Weak 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 and BUY signal is strong.
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
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 2.77 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 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.