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(CHMG) Chemung Financial complete technical analysis [charts+indicators] | Buy/Sell Chemung Financial | (CHMG) share price targets

Complete technical analysis of Chemung Financial (CHMG) by charts plus indicators, forecast predictions and share price targets for Chemung Financial (CHMG)

Chemung Financial trades in USA in Finance sector.

Showing technical analysis as on 2024-12-16 View latest technical analysis

10 day averaged volume of Chemung Financial is 14783

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	54.09	54.70	54.70	54.09	0.318 times
13 Fri Dec 2024	54.16	54.78	54.78	53.69	0.653 times
12 Thu Dec 2024	54.53	55.00	55.00	54.50	0.582 times
11 Wed Dec 2024	55.00	54.40	55.13	54.40	1.531 times
10 Tue Dec 2024	54.50	54.50	54.94	54.50	1.033 times
09 Mon Dec 2024	54.70	55.48	55.48	54.70	0.574 times
26 Tue Nov 2024	52.03	52.50	52.54	52.03	1.285 times
26 Tue Nov 2024	52.03	52.50	52.54	52.03	1.285 times
25 Mon Nov 2024	52.46	51.84	52.70	51.84	1.657 times
22 Fri Nov 2024	51.40	51.18	51.61	51.18	0.514 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.9, but if it comes below 53.9, then a intra day sell could be more profitable.
If you take a sell trade below 53.9, then use 53.9 as stoploss and 52.33 as target. However if you take a buy trade in stock , then use 53.9 as stoploss and 55.7 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	43.70
Downside Target	45.10
Downside Target	46.03
Downside Target	46.95
Downside Target	48.76
Downside Target	51.77
Downside Target	52.70
Downside Target	53.69
Downside Target	54.09
Upside Target	54.70
Upside Target	55.48

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	53.89
Downside Intraday Target	53.68
Upside Intraday Target	54.5
Upside Intraday Target	54.9
Upside Intraday Target	54.29

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	54.09	54.70	54.70	54.09	0.073 times
13 Fri Dec 2024	54.16	55.48	55.48	53.69	3.401 times
26 Tue Nov 2024	52.03	52.50	52.54	52.03	0.437 times
26 Tue Nov 2024	52.03	51.84	52.70	51.84	0.795 times
22 Fri Nov 2024	51.40	51.44	51.77	50.10	0.765 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Chemung Financial (CHMG)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	54.09	55.48	55.48	53.69	0.22 times
26 Tue Nov 2024	52.03	48.28	52.70	46.95	1.141 times
31 Thu Oct 2024	47.78	47.86	48.76	46.03	1.029 times
30 Mon Sep 2024	48.02	46.91	49.17	45.10	1.079 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Chemung Financial (CHMG)

Price action analysis of Chemung Financial ( (CHMG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Chemung Financial ( (CHMG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Chemung Financial ( (CHMG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Chemung Financial ( (CHMG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Chemung Financial stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Chemung Financial in short term and the buy signal is strong.

Chemung Financial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Chemung Financial in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Chemung Financial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.36 and Chemung Financial (CHMG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Chemung Financial (CHMG) stock. Volume based technical analysis of Chemung Financial (CHMG) stock is negative.

Chemung Financial Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.