(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.
10 day averaged volume of Chegg Inc is 2041460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 7.03 | 6.93 | 7.20 | 6.92 | 1.017 times |
| 17 Wed Apr 2024 | 6.90 | 6.84 | 6.92 | 6.74 | 1.671 times |
| 16 Tue Apr 2024 | 6.81 | 6.80 | 6.88 | 6.63 | 0.969 times |
| 15 Mon Apr 2024 | 6.87 | 7.13 | 7.22 | 6.75 | 1.065 times |
| 12 Fri Apr 2024 | 7.15 | 7.38 | 7.42 | 7.10 | 0.729 times |
| 11 Thu Apr 2024 | 7.45 | 7.54 | 7.68 | 7.29 | 0.945 times |
| 10 Wed Apr 2024 | 7.50 | 7.37 | 7.53 | 7.31 | 1.173 times |
| 09 Tue Apr 2024 | 7.59 | 7.25 | 7.59 | 7.22 | 1.167 times |
| 08 Mon Apr 2024 | 7.22 | 7.18 | 7.32 | 7.18 | 0.634 times |
| 05 Fri Apr 2024 | 7.13 | 7.01 | 7.16 | 6.98 | 1.023 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 7 as stoploss in an intra day buy trade for a target of 7.3. However, stock will show a bearish move below 7.
Share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Target | 6.63 |
| Downside Target | 6.98 |
| Upside Target | 7.68 |
| Upside Target | 8.15 |
| Upside Target | 8.39 |
| Upside Target | 8.90 |
| Upside Target | 9.14 |
| Upside Target | 9.87 |
| Upside Target | 10.13 |
| Upside Target | 11.47 |
| Upside Target | 11.48 |
Intraday share price targets for Chegg Inc (CHGG)
| Target Type | Value |
| Downside Intraday Target | 6.7 |
| Downside Intraday Target | 6.37 |
| Upside Intraday Target | 7.29 |
| Upside Intraday Target | 7.55 |
| Downside Intraday Target | 6.96 |
Weekly technical analysis of Chegg Inc (CHGG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 7.03 | 7.13 | 7.22 | 6.63 | 1.016 times |
| 12 Fri Apr 2024 | 7.15 | 7.18 | 7.68 | 7.10 | 1.008 times |
| 05 Fri Apr 2024 | 7.13 | 7.63 | 7.75 | 6.98 | 1.087 times |
| 28 Thu Mar 2024 | 7.57 | 7.69 | 7.80 | 7.30 | 0.954 times |
| 22 Fri Mar 2024 | 7.81 | 7.93 | 8.15 | 7.70 | 0.838 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 |
| 18 Thu Apr 2024 | 7.03 | 7.63 | 7.75 | 6.63 | 0.654 times |
| 28 Thu Mar 2024 | 7.57 | 8.93 | 9.14 | 7.30 | 0.581 times |
| 29 Thu Feb 2024 | 8.94 | 9.92 | 10.13 | 8.39 | 1.349 times |
| 31 Wed Jan 2024 | 9.85 | 11.24 | 11.47 | 8.90 | 1.261 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 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 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 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 7.16 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 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 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 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 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 7.16 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.