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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Chegg, Inc. (NYSE:CHGG)

Bear Market Rally (-75) - CHGG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHGG as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CHGG?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHGG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CHGG
Open High Low CHGG Price Change
1.59 1.70 1.53 1.60 -0.02
Entry Signal

MarketClub’s Trade Triangles for CHGG

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 8.385

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2024 at 2.950

short term up The short-term trend has been UP since Oct 15th, 2024 at 1.600

Smart Scan Analysis for CHGG

Based on our trend formula, CHGG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CHGG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.59 1.70 1.53 1.60 -0.02
Prev. Close Volume Bid Ask Time
1.60 2569938 2024-10-25 15:59:52
Year High32.82Year High Date2018-09-04
Year Low15.465Year Low Date2018-02-09
52wk High11.4852wk High Date2023-12-28
52wk Low1.4852wk Low Date2024-10-10
Average Volume3,852,581Shares Outstanding103,670
Market Cap4,028MAssets111,433,000M
Liabilities748,830,000MP/E Ratio7.5812
Volatility60.55
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