Is CHWY Worth Buying in 2026?

Chewy, Inc.

STOCK RETAIL-CATALOG & MAIL-ORDER HOUSES Updated 2026-06-14

Here’s whether Chewy, Inc. (CHWY) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: RSI 39 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-4.00% over 10 days); weak 1-year return of -53.1%; 3-month momentum negative (-23.1%). Currently 56.0% off its 52-week high. Score: -5/7.

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CHWY is trading below its 200-day MA ($30.32) — a key warning sign the longer-term trend is under pressure. An RSI of 39.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -53.1% compares to +22.9% for SPY (trailed the market by 76.0%). The current 56.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $4,686 today
vs. S&P 500 (SPY) — same period trailed market by 76.0%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($30.32)
Above 50-day MA ($23.53)
RSI(14) neutral zone (30–70) — currently 39.5
Positive return (-53.1%)
!Within 10% of period high (−56.0%)
Period Range $19.31
$18.22 $43.84
RSI (14) 39.5
0 · OversoldOverbought · 100

Key Metrics

Price$19.31
Period Return-53.1%
Period High$43.84
Period Low$18.22
Drawdown−56.0%
MA-50$23.53
MA-200$30.32
RSI (14)39.5
Avg Volume (30d)9.8M
vs. SPYtrailed by 76.0%
Return Rank#1085 of 1246

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