(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 2024-02-07 View latest technical analysis
10 day averaged volume of Chegg Inc is 3800960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 8.60 | 8.76 | 8.82 | 8.39 | 1.262 times |
| 06 Tue Feb 2024 | 8.73 | 8.55 | 9.75 | 8.55 | 2.774 times |
| 05 Mon Feb 2024 | 9.30 | 9.54 | 9.54 | 9.15 | 1.848 times |
| 02 Fri Feb 2024 | 9.57 | 9.75 | 9.84 | 9.53 | 1.073 times |
| 01 Thu Feb 2024 | 9.85 | 9.92 | 10.13 | 9.83 | 0.471 times |
| 31 Wed Jan 2024 | 9.85 | 9.78 | 10.29 | 9.75 | 0.736 times |
| 30 Tue Jan 2024 | 9.78 | 10.14 | 10.18 | 9.75 | 0.559 times |
| 29 Mon Jan 2024 | 10.16 | 10.28 | 10.32 | 9.88 | 0.873 times |
| 26 Fri Jan 2024 | 10.33 | 10.19 | 10.50 | 10.19 | 0.513 times |
| 25 Thu Jan 2024 | 10.14 | 10.05 | 10.22 | 10.01 | 0.669 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 8.6, for a target of 9.4 or 10.04
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 7.34 |
| Downside Target | 8.39 |
| Upside Target | 8.90 |
| Upside Target | 9.53 |
| Upside Target | 9.75 |
| Upside Target | 10.13 |
| Upside Target | 10.50 |
| 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 | 8.08 |
| Downside Intraday Target | 7.55 |
| Upside Intraday Target | 9.44 |
| Upside Intraday Target | 10.27 |
| Upside Intraday Target | 8.91 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 8.60 | 9.54 | 9.75 | 8.39 | 1.585 times |
| 02 Fri Feb 2024 | 9.57 | 10.28 | 10.32 | 9.53 | 1.249 times |
| 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 |
Price has moved down 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 |
| 07 Wed Feb 2024 | 8.60 | 9.92 | 10.13 | 8.39 | 0.507 times |
| 31 Wed Jan 2024 | 9.85 | 11.24 | 11.47 | 8.90 | 1.261 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 |
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 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 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 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 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
Stock of Chegg Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.36 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 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 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 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 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
Stock of Chegg Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.36 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.