Technical Analysis for CHGG - Chegg, Inc.

Grade Last Price % Change Price Change
grade A 75.02 3.04% 2.21
CHGG closed up 3.04 percent on Friday, July 10, 2020, on 51 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jul 27
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical CHGG trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 3.04%
New 52 Week High Strength 3.04%
Overbought Stochastic Strength 3.04%
New 52 Week Closing High Bullish 3.06%
New 52 Week High Strength 3.06%

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Profile

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.
Product Management Educational Technology Online Education Books Publishing Textbook

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 75.24
52 Week Low 25.89
Average Volume 4,675,898
200-Day Moving Average 43.25
50-Day Moving Average 62.38
20-Day Moving Average 66.87
10-Day Moving Average 70.04
Average True Range 3.16
ADX 32.35
+DI 32.07
-DI 11.55
Chandelier Exit (Long, 3 ATRs ) 65.77
Chandelier Exit (Short, 3 ATRs ) 64.32
Upper Bollinger Band 76.13
Lower Bollinger Band 57.62
Percent B (%b) 0.94
BandWidth 27.67
MACD Line 3.64
MACD Signal Line 3.08
MACD Histogram 0.553
Fundamentals Value
Market Cap 7.19 Billion
Num Shares 95.9 Million
EPS -0.32
Price-to-Earnings (P/E) Ratio -234.44
Price-to-Sales 5.99
Price-to-Book 6.81
PEG Ratio 2.75
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 78.37
Resistance 3 (R3) 78.07 76.65 77.81
Resistance 2 (R2) 76.65 75.80 76.80 77.62
Resistance 1 (R1) 75.84 75.28 76.25 76.14 77.44
Pivot Point 74.42 74.42 74.63 74.57 74.42
Support 1 (S1) 73.61 73.57 74.02 73.91 72.60
Support 2 (S2) 72.19 73.05 72.34 72.42
Support 3 (S3) 71.38 72.19 72.23
Support 4 (S4) 71.68