(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 2024-02-27 View latest technical analysis
10 day averaged volume of Chegg Inc is 3396980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 8.84 | 8.79 | 9.02 | 8.77 | 0.54 times |
| 26 Mon Feb 2024 | 8.71 | 8.84 | 8.95 | 8.68 | 1.139 times |
| 23 Fri Feb 2024 | 8.92 | 8.74 | 8.99 | 8.71 | 0.679 times |
| 22 Thu Feb 2024 | 8.76 | 8.74 | 8.91 | 8.68 | 1.184 times |
| 21 Wed Feb 2024 | 8.72 | 8.70 | 8.81 | 8.56 | 1.122 times |
| 20 Tue Feb 2024 | 8.74 | 9.06 | 9.11 | 8.74 | 0.843 times |
| 16 Fri Feb 2024 | 9.09 | 9.23 | 9.33 | 8.99 | 0.83 times |
| 15 Thu Feb 2024 | 9.31 | 9.08 | 9.34 | 9.07 | 0.977 times |
| 14 Wed Feb 2024 | 9.05 | 8.82 | 9.08 | 8.74 | 1.016 times |
| 13 Tue Feb 2024 | 8.69 | 8.56 | 8.82 | 8.47 | 1.47 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.6 or till 8.1. Use a stoploss of 9.03 and if the stock hits stoploss, then it can shoot up till 9.45
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 7.34 |
| Downside Target | 8.39 |
| Upside Target | 8.90 |
| Upside Target | 9.34 |
| Upside Target | 9.53 |
| Upside Target | 9.75 |
| Upside Target | 9.87 |
| Upside Target | 10.13 |
| Upside Target | 10.32 |
| Upside Target | 10.73 |
| Upside Target | 11.47 |
| Upside Target | 11.48 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 8.67 |
| Downside Intraday Target | 8.51 |
| Upside Intraday Target | 9.01 |
| Upside Intraday Target | 9.19 |
| Upside Intraday Target | 8.85 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 8.84 | 8.84 | 9.02 | 8.68 | 0.439 times |
| 23 Fri Feb 2024 | 8.92 | 9.06 | 9.11 | 8.56 | 0.761 times |
| 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 |
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 |
| 27 Tue Feb 2024 | 8.84 | 9.92 | 10.13 | 8.39 | 1.247 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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. 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 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 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 8.87 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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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. 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 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 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 8.87 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 is giving positive 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.