(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 2024-02-16 View latest technical analysis
10 day averaged volume of Chegg Inc is 4617350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 9.09 | 9.23 | 9.33 | 8.99 | 0.61 times |
| 15 Thu Feb 2024 | 9.31 | 9.08 | 9.34 | 9.07 | 0.719 times |
| 14 Wed Feb 2024 | 9.05 | 8.82 | 9.08 | 8.74 | 0.748 times |
| 13 Tue Feb 2024 | 8.69 | 8.56 | 8.82 | 8.47 | 1.082 times |
| 12 Mon Feb 2024 | 8.83 | 8.73 | 8.96 | 8.73 | 0.543 times |
| 09 Fri Feb 2024 | 8.73 | 8.60 | 8.96 | 8.52 | 0.634 times |
| 08 Thu Feb 2024 | 8.60 | 8.60 | 8.70 | 8.47 | 0.547 times |
| 07 Wed Feb 2024 | 8.60 | 8.76 | 8.82 | 8.39 | 1.039 times |
| 06 Tue Feb 2024 | 8.73 | 8.55 | 9.75 | 8.55 | 2.284 times |
| 05 Mon Feb 2024 | 9.30 | 9.54 | 9.54 | 9.15 | 1.522 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 8.8 as stoploss in an intra day buy trade for a target of 9.43. However, stock will show a bearish move below 8.8.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 7.34 |
| Downside Target | 8.39 |
| Downside Target | 8.90 |
| Upside Target | 9.34 |
| Upside Target | 9.53 |
| Upside Target | 9.75 |
| Upside Target | 10.13 |
| Upside Target | 10.32 |
| Upside Target | 10.50 |
| Upside Target | 10.73 |
| 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 | 8.59 |
| Downside Intraday Target | 8.1 |
| Upside Intraday Target | 9.46 |
| Upside Intraday Target | 9.84 |
| Downside Intraday Target | 8.97 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 9.09 | 8.73 | 9.34 | 8.47 | 0.614 times |
| 09 Fri Feb 2024 | 8.73 | 9.54 | 9.75 | 8.39 | 1.972 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 |
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 |
| 16 Fri Feb 2024 | 9.09 | 9.92 | 10.13 | 8.39 | 0.912 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 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 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 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 gaining 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Chegg Inc in short term but SELL 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
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 8.89 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 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 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 gaining 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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Chegg Inc in short term but SELL 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
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 8.89 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.