Trading Signals: CHGG Stock Price Prediction and Forecast

^ CHGG: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Apr. 16, 2021

Trading Signals: CHGG Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Oct. 27, 2023)

(Chegg, Inc.)
CHGG latest price $92.2000 (0.46%) ($90.4600 - $92.7300) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.18% (three month average)
RSI   64
Latest Price   $92.2000(0.46%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CHGG advances 0.6% a day on average for past five trading days.
Weekly Trend   CHGG advances 3.2% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CHGG advance at 0% a week (0% probability)
IBUY(38%)    IWO(35%)    ARKK(33%)    IBB(32%)    IPO(32%)
Factors Impacting CHGG price   CHGG will decline at least -1.59% in a week (0% probabilities).
VIXM(-16%)    UUP(-8%)    SHY(-4%)    VXX(-3%)    TLT(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.59% (StdDev 3.18%)
Hourly BBV 1.3 ()
Intraday Trend -0.3%

5 Day Moving Average   $90.59(1.78%)
10 Day Moving Average   $90.05(2.39%)
20 Day Moving Average   $88.65(4%)
To recent high   -18.8%
To recent low   13.3%
Market Cap   $11.444b

Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores. The firm offers required and non-required scholastic materials including textbooks in any format; access to online homework help and textbook solutions; course organization and scheduling; college and university matching tools; and scholarship connections. Its services include Chegg study, writing, tutors, and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

$. CHGG price fluctuates within 3.34% (three month std-dev: 3.18%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -3.59%(100%) Sample size 1 Average positive next three day return: 1.42%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 0.08%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_16_2021	91.89	88.65	90.05	90.59	90.9	91.42	92.2(0.46%)	UT	OpenLong	75	0.5	36	50	25	70	0.67	34%	0.01	-2.7	3.18%	1.3	1.2	64	1.8
2	Apr_15_2021	91.88	88.53	89.65	90.08	90.05	90.59	91.78(2.94%)	UT	OpenLong	75	0.6	24	40	11	64	1.02	34%	0.22	-6.2	3.21%	1.4	1.1	61	1.8
3	Apr_14_2021	91.68	88.59	89.05	89.65	89.55	90.39	89.16(-1.84%)	UD	OpenLong	75	-0.2	28	60	17	61	1.35	34%	0.23	4.7	3.2%	-0.5	0.2	57	1.4
4	Apr_13_2021	91.47	88.71	88.53	89.5	89.35	89.52	90.83(2.07%)	UT	OpenLong	75	0.4	23	10	16	45	1.17	34%	0.23	11.9	3.2%	1.6	0.7	48	1.7
5	Apr_12_2021	91.26	88.71	87.63	89.41	89.03	88.71	88.99(-0.71%)	N/A	N/A	0	-0.1	-6	-40	-12	12	0.83	34%	0.21	25.6	3.19%	0.2	0.1	42	1.8

6	Apr_9_2021	91.07	88.73	87.26	89.42	89.47	89.19	89.63(-0.02%)	UD	OpenLong	75	0.1	1	-20	-0	5	0.61	34%	0.22	28.5	3.17%	0.3	0.3	45	1.5
7	Apr_8_2021	90.87	88.7	86.9	89.14	89.45	89.35	89.65(1.43%)	N/A	N/A	0	0.2	1	0	3	-6	0.89	38%	0.24	27.1	3.2%	0.1	0.3	48	1.5
8	Apr_7_2021	90.65	88.45	86.54	88.34	89.11	89.75	88.39(-2.22%)	N/A	N/A	0	0	9	80	19	-23	0.86	38%	0.23	11.8	3.28%	-1	-0	39	1.4
9	Apr_6_2021	90.44	88.34	86.74	87.35	88.07	89.56	90.4(1.55%)	RB	SmallLong	20	0.9	29	140	47	-25	1.18	38%	0.27	-12.2	3.28%	1.4	0.6	46	1.2
10	Apr_5_2021	90.2	87.93	86.86	85.55	86.15	88.48	89.02(0.87%)	N/A	N/A	0	1	25	210	48	-44	1.22	41%	0.43	-46	3.28%	0.9	0.3	45	1.3

11	Apr_1_2021	89.81	87.85	87.05	84.8	84.64	86.57	88.25(3.02%)	RB	SmallLong	20	1	27	150	51	-47	1.19	39%	0.22	-64.3	3.32%	0.9	0.1	49	1.3
12	Mar_31_2021	89.61	87.86	87.22	84.4	83.9	83.83	85.66(2.66%)	DP	OpenShort	-65	0.4	-6	-20	14	-66	1.18	39%	0.22	-73.4	3.32%	1.6	-0.6	45	1.2
13	Mar_30_2021	89.41	88.07	88	84.54	84.08	82.71	83.44(2.54%)	DP	OpenShort	-75	-0.3	-51	-130	-44	-72	1.38	39%	0.17	-72.8	3.3%	0.4	-1.1	52	1.2
14	Mar_29_2021	89.26	88.75	88.88	86.07	85.63	83.97	81.37(-4.61%)	DT	OpenShort	-75	-1.1	-56	-150	-58	-50	1.65	38%	0.04	-59.7	3.3%	-1.4	-1.7	46	1
15	Mar_26_2021	89.22	89.62	89.97	88.31	87.86	85.45	85.3(-1.08%)	DT	OpenShort	-75	-0.7	-42	-210	-54	-5	1.4	40%	0.09	-53	3.25%	-1.1	-1	61	1.4

16	Mar_25_2021	89.14	90.18	90.43	89.59	89.73	87.29	86.23(-0.16%)	N/A	N/A	0	-0.8	-44	-190	-62	10	1.14	40%	0.11	-58.7	3.28%	-0.6	-0.9	50	1.1
17	Mar_24_2021	89.04	90.54	90.79	90.41	90.91	90.28	86.37(-5.15%)	N/A	N/A	0	-0.9	-27	-30	-45	28	1.21	40%	0.15	-63.7	3.3%	-1.5	-0.9	49	1
18	Mar_23_2021	88.91	91.11	90.69	91.93	91.58	92.16	91.06(-1.66%)	UD	OpenLong	75	-0.2	21	30	8	59	1.26	42%	0.21	-57.5	3.24%	-0.9	-0	53	1.1
19	Mar_22_2021	88.72	91.49	90.22	92.12	91.64	91.53	92.6(0.99%)	UT	OpenLong	75	0.1	17	-20	9	41	1.19	44%	0.23	-59.9	3.23%	1.1	0.2	43	1.9
20	Mar_19_2021	88.52	91.97	89.18	91.92	91.64	90.99	91.69(1.48%)	DP	OpenShort	-75	-0	-6	-60	-8	-1	1.64	46%	0.2	-57.8	3.27%	0.2	-0	40	1.6

21	Mar_18_2021	88.34	92.75	88.74	91.43	91.7	91.75	90.35(-3.84%)	DT	OpenShort	-75	-0.2	-5	10	0	-20	1.79	46%	0.17	-54.3	3.29%	-1.3	-0.3	42	1.2
22	Mar_17_2021	88.19	93.46	88.55	91.19	90.79	92.4	93.96(2.14%)	N/A	N/A	0	0.4	19	110	32	-19	1.69	48%	0.19	-53.4	3.25%	1.6	0.1	51	2.1
23	Mar_16_2021	88.02	93.88	88.04	89.24	90.03	91.65	91.99(0.39%)	RB	SmallLong	20	0.3	35	150	62	-45	1.8	48%	0.07	-53.3	3.24%	0.8	-0.2	43	1.9
24	Mar_15_2021	87.96	94.8	88.45	88.03	88.33	89.18	91.63(2.72%)	N/A	N/A	0	0.4	10	80	37	-73	1.43	48%	0.06	-51.6	3.24%	1.9	-0.4	41	2.4
25	Mar_12_2021	87.91	95.82	89.05	86.03	87.13	88.4	89.2(0.02%)	DP	OpenShort	-65	0.3	-8	140	25	-108	1.61	48%		-47.9	3.22%	0.7	-0.7	34	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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