Trading Signals: CHGG Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Oct. 27, 2023)(Chegg, Inc.)
| CHGG latest price $19.3400 (3.81%) ($18.7500 - $19.3700) on Fri. May. 27, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.34% (three month average) | RSI | 61 | Latest Price | $19.3400(3.81%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CHGG advances 0.8% a day on average for past five trading days. | Weekly Trend | CHGG advances 2.5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support CHGG advance at 0% a week (0% probability) IBUY(36%) IWC(36%) IWO(36%) IBB(35%) IWM(35%) | Factors Impacting CHGG price | CHGG will decline at least -2.67% in a week (0% probabilities). VIXM(-16%) UUP(-7%) SHY(-3%) GLD(-3%) VXX(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.67% (StdDev 5.34%) | Hourly BBV | 1.6 () | Intraday Trend | 2.7% | | | |
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1 - 5 Day Possible Target | $-3.34(-117.27%) | 5 Day Moving Average | $18.51(4.48%) | 10 Day Moving Average | $18.68(3.53%) | 20 Day Moving Average | $18.74(3.2%) | To recent high | -47.8% | To recent low | 17.5% | Market Cap | $2.401b | | | | 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. |