Is CHWY Worth Buying in 2026?

Chewy, Inc.

STOCK RETAIL-CATALOG & MAIL-ORDER HOUSES Updated 2026-08-23

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: Neutral.

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Neutral

Positives: above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+1.79% over 10 days); RSI 59 — healthy momentum range; 3-month momentum positive (+15.9%). Concerns: trading below the 200-day MA (long-term downtrend); weak 1-year return of -40.2%. Currently 44.8% off its 52-week high. Score: +1/7.

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CHWY is trading below its 200-day MA ($26.32) — a key warning sign the longer-term trend is under pressure. An RSI of 59.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -40.2% compares to +20.5% for SPY (trailed the market by 60.6%). The current 44.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $5,984 today
vs. S&P 500 (SPY) — same period trailed market by 60.6%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($26.32)
Above 50-day MA ($21.19)
RSI(14) neutral zone (30–70) — currently 59.3
Positive return (-40.2%)
!Within 10% of period high (−44.8%)
Period Range $24.02
$17.40 $43.50
RSI (14) 59.3
0 · OversoldOverbought · 100

Key Metrics

Price$24.02
Period Return-40.2%
Period High$43.50
Period Low$17.40
Drawdown−44.8%
MA-50$21.19
MA-200$26.32
RSI (14)59.3
Avg Volume (30d)7.1M
vs. SPYtrailed by 60.6%
Return Rank#850 of 999

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