(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 2024-07-11 View latest technical analysis
10 day averaged volume of Chegg Inc is 3157840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 2.93 | 2.74 | 2.97 | 2.72 | 1.295 times |
| 10 Wed Jul 2024 | 2.69 | 2.80 | 2.88 | 2.68 | 0.771 times |
| 09 Tue Jul 2024 | 2.80 | 2.91 | 2.91 | 2.77 | 1.113 times |
| 08 Mon Jul 2024 | 2.91 | 2.78 | 2.94 | 2.77 | 1.001 times |
| 05 Fri Jul 2024 | 2.77 | 2.87 | 2.90 | 2.76 | 1.003 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.385 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.385 times |
| 02 Tue Jul 2024 | 2.89 | 2.97 | 3.00 | 2.82 | 0.824 times |
| 01 Mon Jul 2024 | 2.99 | 3.16 | 3.20 | 2.91 | 1.053 times |
| 28 Fri Jun 2024 | 3.16 | 2.97 | 3.17 | 2.97 | 2.331 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3 as stoploss in an intra day sell trade for a target of 2.86. However, stock will show a bullish move above 3.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 2.53 |
| Downside Target | 2.68 |
| Downside Target | 2.76 |
| Downside Target | 2.82 |
| Upside Target | 2.97 |
| 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 | 2.75 |
| Downside Intraday Target | 2.57 |
| Upside Intraday Target | 3.04 |
| Upside Intraday Target | 3.15 |
| Downside Intraday Target | 2.86 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 2.93 | 2.78 | 2.97 | 2.68 | 3.01 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Chegg Inc (CHGG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 2.93 | 3.16 | 3.20 | 2.68 | 0.211 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 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 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 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 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 in or above 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 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 2.93 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 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 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 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 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 in or above 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 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 2.93 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.