(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 2024-07-05 View latest technical analysis
10 day averaged volume of Chegg Inc is 3541380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2.77 | 2.87 | 2.90 | 2.76 | 0.895 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.344 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.344 times |
| 02 Tue Jul 2024 | 2.89 | 2.97 | 3.00 | 2.82 | 0.735 times |
| 01 Mon Jul 2024 | 2.99 | 3.16 | 3.20 | 2.91 | 0.939 times |
| 28 Fri Jun 2024 | 3.16 | 2.97 | 3.17 | 2.97 | 2.078 times |
| 27 Thu Jun 2024 | 2.96 | 2.92 | 3.01 | 2.87 | 1.011 times |
| 26 Wed Jun 2024 | 2.91 | 2.94 | 2.96 | 2.83 | 0.75 times |
| 25 Tue Jun 2024 | 2.98 | 3.03 | 3.10 | 2.92 | 0.968 times |
| 24 Mon Jun 2024 | 3.03 | 2.83 | 3.07 | 2.82 | 1.629 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 2.7 as stoploss in an intra day buy trade for a target of 2.98. However, stock will show a bearish move below 2.7.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 2.53 |
| Downside Target | 2.60 |
| Downside Target | 2.76 |
| Upside Target | 2.82 |
| Upside Target | 2.98 |
| Upside Target | 3.17 |
| Upside Target | 3.51 |
| Upside Target | 3.92 |
| Upside Target | 5.11 |
| Upside Target | 5.49 |
| Upside Target | 7.30 |
| Upside Target | 7.75 |
| Upside Target | 9.14 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 2.69 |
| Downside Intraday Target | 2.62 |
| Upside Intraday Target | 2.91 |
| Upside Intraday Target | 3.06 |
| Upside Intraday Target | 2.84 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2.77 | 2.90 | 2.98 | 2.76 | 0.614 times |
| 03 Wed Jul 2024 | 2.88 | 3.16 | 3.20 | 2.82 | 0.313 times |
| 28 Fri Jun 2024 | 3.16 | 2.83 | 3.17 | 2.82 | 0.735 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 |
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 Fri Jul 2024 | 2.77 | 3.16 | 3.20 | 2.76 | 0.098 times |
| 28 Fri Jun 2024 | 3.16 | 3.84 | 3.92 | 2.53 | 1.324 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 |
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 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 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 gaining 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 coming down
CCI has generated a SELL signal for Chegg Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 2.99 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 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 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 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 gaining 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 coming down
CCI has generated a SELL signal for Chegg Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 2.99 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.