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Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Chegg, Inc. (NYSE:CHGG)

Countertrend Down (-85) - CHGG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
9.01 9.18 8.88 8.90 -0.04
Entry Signal

MarketClub’s Trade Triangles for CHGG

long term down The long-term trend has been DOWN since Jan 25th, 2023 at 19.9300

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2023 at 9.5515

short term up The short-term trend has been UP since Sep 29th, 2023 at 9.0000

Smart Scan Analysis for CHGG

Based on our trend formula, CHGG is rated as a -85 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
9.01 9.18 8.88 8.90 -0.04
Prev. Close Volume Bid Ask Time
8.92 1747546 2023-09-29 15:59:54
Year High32.82Year High Date2018-09-04
Year Low15.465Year Low Date2018-02-09
52wk High30.0552wk High Date2022-12-02
52wk Low8.5552wk Low Date2023-06-28
Average Volume1,854,098Shares Outstanding115,321
Market Cap4,028MAssets236,178,700M
Liabilities135,502,800MP/E Ratio6.6716
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