CHWY stock price momentum indicators have turned positive, with RSI moving into mid-50s, indicating strength without being overbought, a condition often preceding steady climbs. On the whole, we feel that Chewy's performance has been quite good. Specifically, we like that it has been reinvesting a high portion of its profits at a moderate rate of return, resulting in earnings expansion. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Before you consider Chewy, you'll want to hear this. CHWY stock price, now in a consolidation phase, could test the 200-day moving average if broader retail sales data remain strong through September.