CHEGG INC (CHGG)
US1630921096 - Common Stock
We assign a technical rating of 0 out of 10 to CHGG. 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: 96% of all stocks are doing better.
CHGG is one of the lesser performing stocks in the Diversified Consumer Services industry. 73% of 70 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.
In the last month CHGG has a been trading in the 1.49 - 2.73 range, which is quite wide. It is currently trading near the lows of this range.
CHGG has an average volume of 3985250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CHGG is bad and it also does not present a 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
1.49
2.49
When analyzing the support we can see 3 important areas.
- Support @1.69 from a horizontal line in the daily time frame.
- A support zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.47 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.8
Mansfield-6.68
10 Day High1.99
10 Day Low1.49
20 Day High2.73
20 Day Low1.49
52 Week High11.25
52 Week Low1.34
Performance
1 Week0.61%
2 Weeks-16.24%
1 Month-35.55%
3 Month-1.79%
6 Month-40.43%
12 Month-84.69%
2 Year-92.05%
3 Year-93.77%
5 Year-96%
10 Year-75.11%
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)-0.05
RSI(14)40.2
LBB1.3
UBB2.31
CHEGG INC
NYSE:CHGG (1/6/2025, 4:01:25 PM)
After market: 1.77 0 (0%)1.77
+0.12 (+7.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg7.27%
1 Week0.61%
2 Weeks-16.24%
1 Month-35.55%
3 Month-1.79%
6 Month-40.43%
12 Month-84.69%
2 Year-92.05%
3 Year-93.77%
5 Year-96%
10 Year-75.11%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%10.49%
ATR Inc-12.73%
Range Today0.15
ADR(20)0.17
ADR(20)%9.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.8
Mansfield-6.68
10 Day High1.99
10 Day Low1.49
20 Day High2.73
20 Day Low1.49
52 Week High11.25
52 Week Low1.34
CS1 End1.64
CR1 Start1.69
Volume & EV
DER(3)5.22%
DER(5)4.94%
Volume2.67M
Volume Incr-19.45%
Vol(5)3.17M
Vol(50)3.99M