CHEGG INC (CHGG) Stock Technical Analysis
NYSE:CHGG - New York Stock Exchange, Inc. - US1630921096 - Common Stock - Currency: USD
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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than CHGG.
CHGG is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 77% are performing better than CHGG.
CHGG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CHGG has an average volume of 2829880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CHGG has a been trading in the 1.30 - 1.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CHGG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
1.42
1.78
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.76 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.96
Mansfield-6.09
10 Day High1.58
10 Day Low1.3
20 Day High1.76
20 Day Low1.3
52 Week High9.14
52 Week Low1.3
Performance
1 Week2.88%
2 Weeks1.42%
1 Month-2.72%
3 Month-28.86%
6 Month-35.59%
12 Month-83.97%
2 Year-91%
3 Year-95.43%
5 Year-96.35%
10 Year-82.39%
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)43.66
LBB1.36
UBB1.53
1.43
-0.04 (-2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.72%
1 Week2.88%
2 Weeks1.42%
1 Month-2.72%
3 Month-28.86%
6 Month-35.59%
12 Month-83.97%
2 Year-91%
3 Year-95.43%
5 Year-96.35%
10 Year-82.39%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.23%
ATR Inc8.35%
Range Today0.12
ADR(20)0.12
ADR(20)%8.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.96
Mansfield-6.09
10 Day High1.58
10 Day Low1.3
20 Day High1.76
20 Day Low1.3
52 Week High9.14
52 Week Low1.3
CS1 EndN/A
CR1 Start1.44
Volume & EV
DER(3)-2.47%
DER(5)2.23%
Volume1.80M
Volume Incr-30.57%
Vol(5)1.76M
Vol(50)2.83M