CHEGG INC (CHGG)
US1630921096 - Common Stock
Taking everything into account, CHGG scores 1 out of 10 in our technical rating. CHGG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
96% of all other stocks performed better in the past year than CHGG.
CHGG is one of the lesser performing stocks in the Diversified Consumer Services industry. 76% of 66 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CHGG has an average volume of 3941240 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 1.34 - 1.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CHGG has a bad 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 a resistance zone just above the current price starting at 1.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.60, a Stop Loss order could be placed below this zone.
More info and screens
1.56
2.08
When analyzing the support we notice one important area.
- A support zone ranging from 1.58 to 1.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.87 from a horizontal line in the daily time frame.
- Resistance @2.06 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
CRS4.49
Mansfield-7.16
10 Day High1.91
10 Day Low1.34
20 Day High1.92
20 Day Low1.34
52 Week High11.48
52 Week Low1.34
Performance
1 Week5.26%
2 Weeks4.65%
1 Month11.11%
3 Month-18.92%
6 Month-51.22%
12 Month-82.27%
2 Year-93.97%
3 Year-93.54%
5 Year-95.36%
10 Year-73.37%
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)54.81
LBB1.6
UBB1.86
CHEGG INC
NYSE:CHGG (11/21/2024, 8:19:26 PM)
Premarket: 1.81 +0.01 (+0.56%)1.8
+0.07 (+4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg4.05%
1 Week5.26%
2 Weeks4.65%
1 Month11.11%
3 Month-18.92%
6 Month-51.22%
12 Month-82.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%8.53%
ATR Inc
Range Today0.15
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 High1.91
10 Day Low1.34
20 Day High1.92
20 Day Low1.34
52 Week High11.48
52 Week Low1.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.92M
Volume Incr-22.53%
Vol(5)3.20M
Vol(50)3.94M