(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 2024-01-26 View latest technical analysis
10 day averaged volume of Chegg Inc is 2456690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 10.33 | 10.19 | 10.50 | 10.19 | 0.794 times |
| 25 Thu Jan 2024 | 10.14 | 10.05 | 10.22 | 10.01 | 1.036 times |
| 24 Wed Jan 2024 | 9.98 | 10.10 | 10.21 | 9.84 | 0.748 times |
| 23 Tue Jan 2024 | 10.01 | 10.10 | 10.27 | 10.01 | 0.84 times |
| 22 Mon Jan 2024 | 10.00 | 9.77 | 10.23 | 9.75 | 1.179 times |
| 19 Fri Jan 2024 | 9.84 | 8.90 | 9.85 | 8.90 | 1.749 times |
| 18 Thu Jan 2024 | 10.06 | 10.78 | 10.80 | 10.01 | 1.385 times |
| 17 Wed Jan 2024 | 10.75 | 10.61 | 10.86 | 10.30 | 0.92 times |
| 16 Tue Jan 2024 | 10.87 | 11.02 | 11.25 | 10.87 | 0.979 times |
| 12 Fri Jan 2024 | 11.10 | 11.00 | 11.12 | 10.85 | 0.582 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 10.2 as stoploss in an intra day buy trade for a target of 10.64. However, stock will show a bearish move below 10.2.
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 | 10.47 |
| Upside Target | 10.73 |
| Upside Target | 10.85 |
| 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 | 9.89 |
| Downside Intraday Target | 9.44 |
| Upside Intraday Target | 10.64 |
| Upside Intraday Target | 10.94 |
| Downside Intraday Target | 10.19 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 10.33 | 9.77 | 10.50 | 9.75 | 0.913 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 |
| 26 Fri Jan 2024 | 10.33 | 11.24 | 11.47 | 8.90 | 1.074 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 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 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 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.
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. Bulls are getting stronger in this stock.
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 and BUY 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 10.23 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 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 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 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.
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. Bulls are getting stronger in this stock.
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 and BUY 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 10.23 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.