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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Chegg, Inc. (NYSE:CHGG)

Sidelines Mode (-55) - CHGG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low CHGG Price Change
3.240 3.365 3.175 3.270 0.000
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 up The intermediate-term trend has been UP since Jul 16th, 2024 at 3.200

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 3.230

Smart Scan Analysis for CHGG

Based on our trend formula, CHGG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CHGG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.240 3.365 3.175 3.270 0.000
Prev. Close Volume Bid Ask Time
3.270 2564087 2024-07-19 15:59:23
Year High32.82Year High Date2018-09-04
Year Low15.465Year Low Date2018-02-09
52wk High13.1152wk High Date2023-08-08
52wk Low2.5352wk Low Date2024-06-20
Average Volume4,115,502Shares Outstanding102,217
Market Cap4,028MAssets173,264,400M
Liabilities769,170,000MP/E Ratio7.5812
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