Technical Analysis for CHGG - Chegg, Inc.

Grade Last Price % Change Price Change
F 6.88 1.03% 0.07
CHGG closed up 1.03 percent on Thursday, April 25, 2024, on 66 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Apr 29
*** please verify all earnings dates ***
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Doji - Bullish? Reversal 1.03%
Stochastic Reached Oversold Weakness 1.03%
Oversold Stochastic Weakness 1.03%
Up 3 Days in a Row Strength -2.96%
Gapped Down Weakness -2.96%
Oversold Stochastic Weakness -2.13%
Pocket Pivot Bullish Swing Setup -0.29%
NR7 Range Contraction -0.29%
Oversold Stochastic Weakness -0.29%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 9 hours ago
Up 1% about 10 hours ago
60 Minute Opening Range Breakout about 10 hours ago
60 Minute Opening Range Breakdown about 12 hours ago
Down 1% about 12 hours ago

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Profile

Chegg, Inc. Description

Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. The company offers Chegg Services, which include digital products and services; and required materials that comprise its print textbooks and eTextbooks. Its digital products and services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that enables generate sources in the required formats, when students need to cite their sources in written work; Chegg Tutors that allow students find human help on its learning platform through a network of live tutors; Chegg Math solver, a step-by-step math problem solver and calculator that helps students to solve problems; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, data science, data analytics, product design, and product management directly to students. The company also provides other services, such as Chegg Prep and internships, college admission and scholarship services; rents and sells print textbooks and eTextbooks; and offers supplemental materials. Chegg, Inc. was founded in 2005 and is headquartered in Santa Clara, California.


Classification

Sector: Consumer Defensive
Industry: Education & Training Services
Keywords: Educational Technology Product Design Ship Services Online Education Software Engineering Publishing Tutor Digital Products Textbook Books Online Tutoring

Is CHGG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.395
52 Week Low 6.63
Average Volume 2,306,364
200-Day Moving Average 9.26
50-Day Moving Average 7.85
20-Day Moving Average 7.11
10-Day Moving Average 6.92
Average True Range 0.30
RSI (14) 37.50
ADX 26.7
+DI 17.09
-DI 26.35
Chandelier Exit (Long, 3 ATRs) 6.86
Chandelier Exit (Short, 3 ATRs) 7.52
Upper Bollinger Bands 7.61
Lower Bollinger Band 6.61
Percent B (%b) 0.27
BandWidth 14.05
MACD Line -0.29
MACD Signal Line -0.31
MACD Histogram 0.0199
Fundamentals Value
Market Cap 707.43 Million
Num Shares 103 Million
EPS -0.34
Price-to-Earnings (P/E) Ratio -20.24
Price-to-Sales 1.25
Price-to-Book 0.95
PEG Ratio 0.40
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.18
Resistance 3 (R3) 7.15 7.03 7.13
Resistance 2 (R2) 7.03 6.95 7.04 7.11
Resistance 1 (R1) 6.95 6.90 6.99 6.98 7.10
Pivot Point 6.83 6.83 6.85 6.84 6.83
Support 1 (S1) 6.75 6.75 6.79 6.78 6.66
Support 2 (S2) 6.63 6.70 6.64 6.65
Support 3 (S3) 6.55 6.63 6.63
Support 4 (S4) 6.58