(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 2024-01-22 View latest technical analysis
10 day averaged volume of Chegg Inc is 2380070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 10.00 | 9.77 | 10.23 | 9.75 | 1.217 times |
| 19 Fri Jan 2024 | 9.84 | 8.90 | 9.85 | 8.90 | 1.805 times |
| 18 Thu Jan 2024 | 10.06 | 10.78 | 10.80 | 10.01 | 1.43 times |
| 17 Wed Jan 2024 | 10.75 | 10.61 | 10.86 | 10.30 | 0.95 times |
| 16 Tue Jan 2024 | 10.87 | 11.02 | 11.25 | 10.87 | 1.01 times |
| 12 Fri Jan 2024 | 11.10 | 11.00 | 11.12 | 10.85 | 0.601 times |
| 12 Fri Jan 2024 | 11.10 | 11.00 | 11.12 | 10.85 | 0.601 times |
| 11 Thu Jan 2024 | 10.87 | 10.74 | 10.89 | 10.61 | 0.638 times |
| 10 Wed Jan 2024 | 10.80 | 11.01 | 11.07 | 10.67 | 0.738 times |
| 09 Tue Jan 2024 | 10.99 | 10.73 | 11.09 | 10.48 | 1.36 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 9.9, for a target of 10.4 or 10.88
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 7.34 |
| Downside Target | 8.65 |
| Downside Target | 8.90 |
| Downside Target | 9.75 |
| Upside Target | 10.23 |
| Upside Target | 10.47 |
| Upside Target | 10.73 |
| Upside Target | 11.12 |
| Upside Target | 11.25 |
| Upside Target | 11.47 |
| Upside Target | 11.48 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 9.76 |
| Downside Intraday Target | 9.51 |
| Upside Intraday Target | 10.24 |
| Upside Intraday Target | 10.47 |
| Downside Intraday Target | 9.99 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 10.00 | 9.77 | 10.23 | 9.75 | 0.234 times |
| 19 Fri Jan 2024 | 9.84 | 11.02 | 11.25 | 8.90 | 8.649 times |
| 12 Fri Jan 2024 | 11.10 | 11.00 | 11.12 | 10.85 | 0.143 times |
| 12 Fri Jan 2024 | 11.10 | 10.76 | 11.12 | 10.48 | 0.808 times |
| 05 Fri Jan 2024 | 10.78 | 11.24 | 11.47 | 10.47 | 7.308 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 |
| 22 Mon Jan 2024 | 10.00 | 11.24 | 11.47 | 8.90 | 0.884 times |
| 29 Fri Dec 2023 | 11.36 | 9.90 | 11.48 | 9.87 | 0.707 times |
| 30 Thu Nov 2023 | 9.93 | 7.62 | 10.73 | 7.37 | 1.289 times |
| 31 Tue Oct 2023 | 7.53 | 8.94 | 9.03 | 7.34 | 1.186 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Chegg Inc in short term and the sell signal is strong.
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 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 10.5 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Chegg Inc in short term and the sell signal is strong.
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 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 10.5 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.