CHEGG INC (CHGG) Stock Technical Analysis
NYSE:CHGG - US1630921096 - Common Stock
1.55 USD
-0.16 (-9.36%)
Overall CHGG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CHGG is a bad performer.
70% of all other stocks performed better in the past year than CHGG.
The long and short term trends are both positive. This is looking good!
CHGG has an average volume of 3192650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHGG is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, CHGG did better than 51% of them.
CHGG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHGG is lagging the market.
In the last month CHGG has a been trading in the 1.07 - 1.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although CHGG has an excellent technical rating, it does not offer a high 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
1.20
1.77
We found 2 important support areas.
- A support zone ranging from 1.33 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.71 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CHGG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHGG is up. |
| ChartMill Relative Strength | 30.39 | NEUTRAL | CHGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHGG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.95 | NEUTRAL | The RSI value for CHGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CHGG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.72 | OVERBOUGHT | The high Stochastics value suggests CHGG may be overbought. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for CHGG suggests high volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for CHGG suggests a weak or negative trend. |
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)
NYSE:CHGG (9/8/2025, 12:21:12 PM)
1.55
-0.16 (-9.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-9.36%
1 Week5.44%
2 Weeks29.17%
1 Month35.96%
3 Month14.81%
6 Month96.18%
12 Month-15.76%
2 Year-82.62%
3 Year-92.64%
5 Year-97.83%
10 Year-78.5%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.54%
ATR Inc97.96%
Range Today0.28
ADR(20)0.13
ADR(20)%8.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.39
Mansfield0.48
10 Day High1.78
10 Day Low1.15
20 Day High1.78
20 Day Low1.07
52 Week High2.73
52 Week Low0.44
CS1 End1.37
CR1 Start1.71
Volume & EV
DER(3)-5.39%
DER(5)-4.56%
Volume4.68M
Volume Incr90.58%
Vol(5)4.87M
Vol(50)3.19M