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Chegg, Inc.

CHGG Technical Analysis Summary (NYSE)

Analyze CHGG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CHGG●NYSE
Consumer DefensiveEducation & Training Services
$0.96
$0.01(1.14%)
U.S. Market opens in 30h 58m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CHGG Technical Analysis Summary (NYSE)

Chegg, Inc. (NYSE: CHGG) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.76)
Trend Strength:Moderate (ADX: 29.18)
Volatility:High (ATR: 0.08)
Support/Resistance:$0.74 – $1.13 (Bollinger Bands)

Technical conditions suggest Chegg, Inc. on the NYSE is awaiting a decisive move. This mix signals that Chegg, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 61.41

Bullish
Buying momentum building without extremes.

Williams %R: -28.21

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.41

Bearish
Selling pressure outweighs buying.

Takeaway:Chegg, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.18

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 150.12

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Chegg, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.13
Middle Band (SMA 20)
$0.93
Lower Band
$0.74
Current Position
Within Bands

Takeaway:Chegg, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.10
Middle Line (EMA 20)
$0.94
Lower Channel
$0.78
Squeeze Status
No Squeeze

Takeaway:Chegg, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume10.53M
Money Flow Index49.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.29Bearish, price momentum favors sellers.

Overall Takeaway:CHGG shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Chegg, Inc. (NYSE: CHGG), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Chegg, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: CHGG) Technical Analysis FAQ