CHEGG INC (CHGG)

US1630921096 - Common Stock

6.83  +0.01 (+0.15%)

After market: 6.85 +0.02 (+0.29%)

Technical Rating and Analysis

0

Taking everything into account, CHGG scores 0 out of 10 in our technical rating. CHGG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CHGG is a bad performer in the overall market: 95% of all stocks are doing better.
CHGG is part of the Diversified Consumer Services industry. There are 65 other stocks in this industry, of which 78% are performing better than CHGG.
CHGG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHGG is lagging the market.
CHGG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CHGG has an average volume of 2385280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CHGG Weekly chart
CHGG Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, CHGG does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

6.76

7.68

3 important resistance areas can be observed.

  • A resistance zone ranging from 7.00 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.16 to 7.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.60 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.27
Mansfield-3.38
10 Day High7.68
10 Day Low6.63
20 Day High7.75
20 Day Low6.63
52 Week High17.92
52 Week Low6.63
Performance
1 Week0.29%
2 Weeks-10.01%
1 Month-8.81%
3 Month-33.88%
6 Month-19.46%
12 Month-62.01%
2 Year-72.39%
3 Year-92.44%
5 Year-80.84%
10 Year29.6%
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)0.01
RSI(14)35.41
LBB6.6
UBB7.6
CHGG Daily chart

CHEGG INC

NYSE:CHGG (4/23/2024, 7:04:00 PM)

After market: 6.85 +0.02 (+0.29%)

6.83

+0.01 (+0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.15%
1 Week0.29%
2 Weeks-10.01%
1 Month-8.81%
3 Month-33.88%
6 Month-19.46%
12 Month-62.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%4.35%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.68
10 Day Low6.63
20 Day High7.75
20 Day Low6.63
52 Week High17.92
52 Week Low6.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.90M
Volume Incr15.74%
Vol(5)2.22M
Vol(50)2.39M