CHEGG INC (CHGG) Stock Technical Analysis
NYSE:CHGG - New York Stock Exchange, Inc. - US1630921096 - Common Stock - Currency: USD
Overall CHGG gets a technical rating of 2 out of 10. In the past year, CHGG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CHGG is a bad performer in the overall market: 98% of all stocks are doing better.
CHGG is one of the lesser performing stocks in the Diversified Consumer Services industry. 79% of 73 stocks in the same industry do better.
CHGG is currently trading near the lower end of its 52 week range, which is not a good sign. CHGG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month CHGG has a been trading in the 0.44 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
CHGG has an average volume of 3302040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CHGG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.72
1.84
We found 1 important support area.
- A support zone ranging from 0.73 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.17 from a trend line in the weekly time frame.
- Resistance @1.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.07
Mansfield-6.24
10 Day High0.76
10 Day Low0.5
20 Day High0.76
20 Day Low0.44
52 Week High5.33
52 Week Low0.44
Performance
1 Week17.65%
2 Weeks48.22%
1 Month33.5%
3 Month-50.92%
6 Month-53.63%
12 Month-85.57%
2 Year-91.58%
3 Year-96.12%
5 Year-98.76%
10 Year-90.07%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)63.35
LBB0.43
UBB0.79
0.7559
+0.03 (+3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg3.79%
1 Week17.65%
2 Weeks48.22%
1 Month33.5%
3 Month-50.92%
6 Month-53.63%
12 Month-85.57%
2 Year-91.58%
3 Year-96.12%
5 Year-98.76%
10 Year-90.07%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.54%
ATR Inc-1.84%
Range Today0.04
ADR(20)0.06
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.07
Mansfield-6.24
10 Day High0.76
10 Day Low0.5
20 Day High0.76
20 Day Low0.44
52 Week High5.33
52 Week Low0.44
CS1 End0.75
CR1 Start1.17
Volume & EV
DER(3)3.02%
DER(5)3.28%
Volume1.56M
Volume Incr-23.93%
Vol(5)1.71M
Vol(50)3.30M