Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-20 View latest technical analysis

10 day averaged volume of Chemung Financial is 12467

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	50.05	49.38	51.00	49.38	3.435 times
19 Thu Dec 2024	49.70	51.34	51.35	49.70	0.667 times
18 Wed Dec 2024	51.10	54.10	54.17	50.89	1.323 times
17 Tue Dec 2024	53.63	54.42	54.55	53.32	0.926 times
16 Mon Dec 2024	54.09	54.70	54.70	54.09	0.377 times
13 Fri Dec 2024	54.16	54.78	54.78	53.69	0.774 times
12 Thu Dec 2024	54.53	55.00	55.00	54.50	0.69 times
11 Wed Dec 2024	55.00	54.40	55.13	54.40	1.815 times
10 Tue Dec 2024	54.50	54.50	54.94	54.50	1.225 times
09 Mon Dec 2024	54.70	55.48	55.48	54.70	0.681 times

Stock of Chemung Financial (CHMG) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 48.5 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 52.25 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
Upside Target	51.77
Upside Target	52.54
Upside Target	52.70
Upside Target	53.69
Upside Target	54.70
Upside Target	55.48

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	48.05
Downside Intraday Target	46.06
Upside Intraday Target	53.37
Upside Intraday Target	56.7
Upside Intraday Target	51.38

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	50.05	54.70	54.70	49.38	1.298 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
20 Fri Dec 2024	50.05	55.48	55.48	49.38	0.472 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 down 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 to mid 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 mid to longer 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.

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

MACD generated a SELL signal for Chemung Financial in short term but the sell signal is initial and weak.

Chemung Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Chemung Financial in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 52.56 and Chemung Financial (CHMG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.