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Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Chegg, Inc (NYSE:CHGG)
Bull Market Weakness (+75) - CHGG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHGG as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for CHGG
The long-term trend has been UP since May 5th, 2020 at 44.895
The intermediate-term trend has been UP since Apr 9th, 2020 at 37.500
The short-term trend has been DOWN since May 27th, 2020 at 61.580
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.8000 | 63.8200 | 61.0813 | 62.4600 | +1.3800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.5000 | 3252660 | 2020-06-01 15:59:35 |
| Year High | 32.82 | Year High Date | 2018-09-04 |
| Year Low | 15.465 | Year Low Date | 2018-02-09 |
| 52wk High | 48.22 | 52wk High Date | 2019-07-30 |
| 52wk Low | 25.89 | 52wk Low Date | 2020-03-18 |
| Average Volume | 2,509,874 | Shares Outstanding | 121,890 |
| Market Cap | 4,028M | Assets | 148,899,800M |
| Liabilities | 990,169,000M | P/E Ratio | -320.9 |
| Volatility | 60.55 |