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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.

NYSE_CHGG
Open High Low CHGG Price Change
61.8000 63.8200 61.0813 62.4600 +1.3800
Entry Signal

MarketClub’s Trade Triangles for CHGG

long term up The long-term trend has been UP since May 5th, 2020 at 44.895

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 37.500

short term down 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).

+75
Smart Scan Analysis for CHGG
Strong Downtrend Sideways 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 High32.82Year High Date2018-09-04
Year Low15.465Year Low Date2018-02-09
52wk High48.2252wk High Date2019-07-30
52wk Low25.8952wk Low Date2020-03-18
Average Volume2,509,874Shares Outstanding121,890
Market Cap4,028MAssets148,899,800M
Liabilities990,169,000MP/E Ratio-320.9
Volatility60.55
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