(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 2024-09-19 View latest technical analysis
10 day averaged volume of Chegg Inc is 3600713
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 1.84 | 1.81 | 1.92 | 1.81 | 0.986 times |
| 18 Wed Sep 2024 | 1.75 | 1.82 | 1.93 | 1.72 | 1.833 times |
| 17 Tue Sep 2024 | 1.81 | 1.81 | 1.90 | 1.79 | 0.809 times |
| 16 Mon Sep 2024 | 1.81 | 1.87 | 1.89 | 1.79 | 0.678 times |
| 13 Fri Sep 2024 | 1.84 | 1.87 | 1.97 | 1.83 | 1.021 times |
| 12 Thu Sep 2024 | 1.85 | 1.90 | 1.91 | 1.78 | 0.994 times |
| 11 Wed Sep 2024 | 1.92 | 1.88 | 1.92 | 1.82 | 0.908 times |
| 10 Tue Sep 2024 | 1.89 | 1.80 | 1.94 | 1.78 | 0.817 times |
| 09 Mon Sep 2024 | 1.80 | 1.89 | 1.92 | 1.78 | 1.07 times |
| 06 Fri Sep 2024 | 1.90 | 2.08 | 2.08 | 1.88 | 1.156 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 1.8 as stoploss in an intra day buy trade for a target of 2.01. However, stock will show a bearish move below 1.8.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 1.72 |
| Downside Target | 1.78 |
| Upside Target | 1.88 |
| Upside Target | 1.93 |
| Upside Target | 2.09 |
| Upside Target | 2.14 |
| Upside Target | 2.24 |
| Upside Target | 2.31 |
| Upside Target | 2.53 |
| Upside Target | 2.68 |
| Upside Target | 3.44 |
| Upside Target | 3.51 |
| Upside Target | 3.81 |
| Upside Target | 3.92 |
| Upside Target | 5.49 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 1.73 |
| Downside Intraday Target | 1.62 |
| Upside Intraday Target | 1.94 |
| Upside Intraday Target | 2.04 |
| Downside Intraday Target | 1.83 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 1.84 | 1.87 | 1.93 | 1.72 | 0.895 times |
| 13 Fri Sep 2024 | 1.84 | 1.89 | 1.97 | 1.78 | 1.28 times |
| 06 Fri Sep 2024 | 1.90 | 2.15 | 2.16 | 1.88 | 2.429 times |
| 30 Fri Aug 2024 | 2.16 | 2.22 | 2.24 | 2.14 | 0.38 times |
| 30 Fri Aug 2024 | 2.16 | 2.24 | 2.31 | 2.09 | 0.806 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 |
| 19 Thu Sep 2024 | 1.84 | 2.15 | 2.16 | 1.72 | 0.48 times |
| 30 Fri Aug 2024 | 2.16 | 3.40 | 3.44 | 1.95 | 1.223 times |
| 31 Wed Jul 2024 | 3.41 | 3.16 | 3.81 | 2.68 | 0.674 times |
| 28 Fri Jun 2024 | 3.16 | 3.84 | 3.92 | 2.53 | 1.324 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 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 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 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 Weak 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 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 moving up
CCI has generated a buy signal for Chegg Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 1.83 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 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 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 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 Weak 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 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 moving up
CCI has generated a buy signal for Chegg Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 1.83 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.