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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Chegg, Inc. (NYSE:CHGG)
Weak Downtrend (-65) - CHGG is showing signs of a strengthening downtrend. Monitor CHGG as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for CHGG
The long-term trend has been DOWN since Mar 5th, 2024 at 8.385
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 1.510
The short-term trend has been DOWN since Nov 20th, 2024 at 1.660
Smart Scan Analysis for CHGG
Based on our trend formula, CHGG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.640 | 1.760 | 1.618 | 1.730 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.730 | 2715941 | 2024-11-20 15:59:32 |
| Year High | 32.82 | Year High Date | 2018-09-04 |
| Year Low | 15.465 | Year Low Date | 2018-02-09 |
| 52wk High | 11.48 | 52wk High Date | 2023-12-28 |
| 52wk Low | 1.3401 | 52wk Low Date | 2024-11-13 |
| Average Volume | 3,996,389 | Shares Outstanding | 104,307 |
| Market Cap | 4,028M | Assets | 100,267,200M |
| Liabilities | 817,691,000M | P/E Ratio | 7.5812 |
| Volatility | 60.55 |