CHEGG INC (CHGG) Stock Technical Analysis
USA - NYSE:CHGG - US1630921096 - Common Stock
1.4895 USD
-0.01 (-0.7%)
Taking everything into account, CHGG scores 6 out of 10 in our technical rating. Although CHGG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
64% of all other stocks performed better in the past year than CHGG.
In the last month CHGG has a been trading in the 1.30 - 1.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CHGG has an average volume of 3779780 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 75 other stocks in this industry, CHGG did better than 43% 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.
CHGG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.42, a Stop Loss order could be placed below this zone.
More info and screens
1.22
1.83
We found 3 important support areas.
- A support zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.31 from a trend line in the daily time frame.
- Support @1.23 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.62 from a trend line in the weekly time frame.
- Resistance @1.71 from a horizontal line in the weekly time frame.
- Resistance @1.81 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CHGG is neutral. |
| ChartMill Relative Strength | 36.45 | NEUTRAL | CHGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHGG is below 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) | 49.84 | NEUTRAL | The RSI value for CHGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CHGG has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for CHGG is a neutral value. |
| Average True Range in percent/ATR (20) | 13.66 | HIGH VOLATILITY | The high ATR as a percentage value for CHGG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.66 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.63 | 1.39 | 0.24 (14.72%) | 6.79% |
| An entry @1.63. This is a Buy Stop order right above the resistance zone. | An exit @1.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 14.72%. | For a 1.00% total portfolio risk, you can invest 6.79% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CHGG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:CHGG (9/29/2025, 12:38:52 PM)
1.4895
-0.01 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.7%
1 Week-9.09%
2 Weeks-2.6%
1 Month6.38%
3 Month15.38%
6 Month126.28%
12 Month-15.25%
2 Year-83.18%
3 Year-92.88%
5 Year-97.9%
10 Year-79.2%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%13.66%
ATR Inc-34.72%
Range Today0.04
ADR(20)0.2
ADR(20)%13.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.45
Mansfield0.06
10 Day High1.9
10 Day Low1.31
20 Day High1.9
20 Day Low1.31
52 Week High2.73
52 Week Low0.44
CS1 End1.42
CR1 Start1.62
Volume & EV
DER(3)2.54%
DER(5)-0.03%
Volume1.05M
Volume Incr14.34%
Vol(5)5.36M
Vol(50)3.78M