(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 2024-07-16 View latest technical analysis
10 day averaged volume of Chegg Inc is 2886572
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 3.72 | 3.42 | 3.76 | 3.42 | 2.635 times |
| 15 Mon Jul 2024 | 3.17 | 2.99 | 3.17 | 2.96 | 1.642 times |
| 12 Fri Jul 2024 | 2.98 | 2.96 | 3.02 | 2.87 | 0.943 times |
| 11 Thu Jul 2024 | 2.93 | 2.74 | 2.97 | 2.72 | 1.416 times |
| 10 Wed Jul 2024 | 2.69 | 2.80 | 2.88 | 2.68 | 0.843 times |
| 09 Tue Jul 2024 | 2.80 | 2.91 | 2.91 | 2.77 | 1.217 times |
| 08 Mon Jul 2024 | 2.91 | 2.78 | 2.94 | 2.77 | 1.095 times |
| 05 Fri Jul 2024 | 2.77 | 2.87 | 2.90 | 2.76 | 1.098 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.422 times |
| 03 Wed Jul 2024 | 2.88 | 2.90 | 2.98 | 2.87 | 0.422 times |
Stock of Chegg Inc (CHGG) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.4, for a target of 3.2 or 2.95
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 2.53 |
| Downside Target | 2.68 |
| Downside Target | 2.76 |
| Downside Target | 2.82 |
| Downside Target | 2.96 |
| Downside Target | 3.17 |
| Downside Target | 3.51 |
| Upside Target | 3.76 |
| Upside Target | 3.92 |
| Upside Target | 5.11 |
| Upside Target | 5.49 |
| Upside Target | 7.30 |
| Upside Target | 7.75 |
| Upside Target | 9.14 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 3.2 |
| Downside Intraday Target | 2.68 |
| Upside Intraday Target | 4 |
| Upside Intraday Target | 4.28 |
| Downside Intraday Target | 3.48 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 3.72 | 2.99 | 3.76 | 2.96 | 0.775 times |
| 12 Fri Jul 2024 | 2.98 | 2.78 | 3.02 | 2.68 | 3.63 times |
| 05 Fri Jul 2024 | 2.77 | 2.90 | 2.98 | 2.76 | 0.614 times |
| 03 Wed Jul 2024 | 2.88 | 3.16 | 3.20 | 2.82 | 0.313 times |
| 28 Fri Jun 2024 | 3.16 | 2.83 | 3.17 | 2.82 | 0.735 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 Tue Jul 2024 | 3.72 | 3.16 | 3.76 | 2.68 | 0.339 times |
| 28 Fri Jun 2024 | 3.16 | 3.84 | 3.92 | 2.53 | 1.324 times |
| 31 Fri May 2024 | 3.83 | 5.15 | 5.49 | 3.51 | 1.389 times |
| 30 Tue Apr 2024 | 5.17 | 7.63 | 7.75 | 5.11 | 1.46 times |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 3.09 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 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 positive
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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 3.09 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.