Technical Analysis for CHGG - Chegg, Inc.

Grade Last Price % Change Price Change
D 87.41 -0.16% -0.14
CHGG closed down 1.17 percent on Friday, March 5, 2021, on 1.51 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical CHGG trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish -0.16%
Lizard Bullish Bullish Day Trade Setup -0.16%
Lower Bollinger Band Walk Weakness -0.16%
Down 3 Days in a Row Weakness -0.16%
Down 4 Days in a Row Weakness -0.16%
Lower Bollinger Band Touch Weakness -0.16%
Oversold Stochastic Weakness -0.16%
Stochastic Reached Oversold Weakness -1.33%
Multiple of Ten Bearish Other -1.33%
Below Lower BB Weakness -1.33%
Older End-of-Day Signals for CHGG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 % 8 minutes ago
Down 1% 8 minutes ago
Lower Bollinger Band Support 8 minutes ago
60 Minute Opening Range Breakdown 3 days ago
Down 1 ATR 3 days ago
View Earlier Intraday Alerts

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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: IBD 50 Product Design Product Management Educational Technology Online Education Tutor Ship Services Textbook Digital Products Publishing Software Engineering Books

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 115.21
52 Week Low 25.89
Average Volume 1,947,386
200-Day Moving Average 79.16
50-Day Moving Average 97.42
20-Day Moving Average 100.75
10-Day Moving Average 95.36
Average True Range 5.51
ADX 24.98
+DI 16.56
-DI 37.05
Chandelier Exit (Long, 3 ATRs ) 98.69
Chandelier Exit (Short, 3 ATRs ) 97.97
Upper Bollinger Band 114.81
Lower Bollinger Band 86.68
Percent B (%b) 0.03
BandWidth 27.92
MACD Line -2.01
MACD Signal Line 0.15
MACD Histogram -2.1635
Fundamentals Value
Market Cap 11.28 Billion
Num Shares 129 Million
EPS 0.01
Price-to-Earnings (P/E) Ratio 6734.62
Price-to-Sales 15.88
Price-to-Book 14.48
PEG Ratio 1.47
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 98.79
Resistance 3 (R3) 98.00 93.47 96.91
Resistance 2 (R2) 93.47 90.61 93.86 96.29
Resistance 1 (R1) 90.51 88.84 88.25 91.30 95.66
Pivot Point 85.98 85.98 84.85 86.37 85.98
Support 1 (S1) 83.02 83.12 80.76 83.81 79.44
Support 2 (S2) 78.49 81.35 78.88 78.81
Support 3 (S3) 75.53 78.49 78.19
Support 4 (S4) 76.32