(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 2024-09-03 View latest technical analysis
10 day averaged volume of Chegg Inc is 3372658
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 2.11 | 2.15 | 2.16 | 2.06 | 0.986 times |
| 30 Fri Aug 2024 | 2.16 | 2.22 | 2.24 | 2.14 | 1.651 times |
| 30 Fri Aug 2024 | 2.16 | 2.22 | 2.24 | 2.14 | 1.651 times |
| 29 Thu Aug 2024 | 2.19 | 2.17 | 2.23 | 2.10 | 0.559 times |
| 28 Wed Aug 2024 | 2.15 | 2.27 | 2.27 | 2.09 | 0.889 times |
| 27 Tue Aug 2024 | 2.28 | 2.29 | 2.31 | 2.22 | 0.547 times |
| 26 Mon Aug 2024 | 2.28 | 2.24 | 2.30 | 2.18 | 0.699 times |
| 23 Fri Aug 2024 | 2.22 | 2.17 | 2.27 | 2.13 | 0.714 times |
| 22 Thu Aug 2024 | 2.14 | 2.30 | 2.30 | 2.14 | 0.794 times |
| 21 Wed Aug 2024 | 2.29 | 2.14 | 2.33 | 2.11 | 1.04 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 2.1 as stoploss in an intra day buy trade for a target of 2.16. However, stock will show a bearish move below 2.1.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 1.95 |
| Downside Target | 2.06 |
| Upside Target | 2.14 |
| Upside Target | 2.24 |
| Upside Target | 2.31 |
| Upside Target | 2.53 |
| Upside Target | 2.68 |
| Upside Target | 3.44 |
| Upside Target | 3.51 |
| Upside Target | 3.81 |
| Upside Target | 3.92 |
| Upside Target | 5.49 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 2.06 |
| Downside Intraday Target | 2.01 |
| Upside Intraday Target | 2.16 |
| Upside Intraday Target | 2.21 |
| Downside Intraday Target | 2.11 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 2.11 | 2.15 | 2.16 | 2.06 | 0.597 times |
| 30 Fri Aug 2024 | 2.16 | 2.22 | 2.24 | 2.14 | 0.38 times |
| 30 Fri Aug 2024 | 2.16 | 2.24 | 2.31 | 2.09 | 0.806 times |
| 23 Fri Aug 2024 | 2.22 | 2.07 | 2.33 | 2.07 | 0.862 times |
| 16 Fri Aug 2024 | 2.05 | 2.07 | 2.17 | 1.95 | 0.698 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 |
| 03 Tue Sep 2024 | 2.11 | 2.15 | 2.16 | 2.06 | 0.034 times |
| 30 Fri Aug 2024 | 2.16 | 3.40 | 3.44 | 1.95 | 1.223 times |
| 31 Wed Jul 2024 | 3.41 | 3.16 | 3.81 | 2.68 | 0.674 times |
| 28 Fri Jun 2024 | 3.16 | 3.84 | 3.92 | 2.53 | 1.324 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2.19 and Chegg Inc (CHGG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2.19 and Chegg Inc (CHGG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.