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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.

10 day averaged volume of Chemung Financial is 10490

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	43.80	43.25	43.89	43.25	0.524 times
23 Tue Apr 2024	43.74	44.69	45.30	43.45	2.059 times
22 Mon Apr 2024	44.69	43.63	45.45	43.61	3.003 times
19 Fri Apr 2024	43.50	39.50	43.75	39.50	0.734 times
18 Thu Apr 2024	39.44	39.41	39.91	39.00	0.963 times
17 Wed Apr 2024	39.80	39.81	39.81	39.40	0.219 times
16 Tue Apr 2024	39.54	40.00	40.20	39.25	0.334 times
15 Mon Apr 2024	39.41	39.99	39.99	39.41	0.257 times
12 Fri Apr 2024	39.51	39.60	39.89	39.30	0.448 times
11 Thu Apr 2024	39.89	39.55	40.46	39.50	0.658 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 41.26 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 44.8 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	39.00
Downside Target	40.55
Downside Target	43.30
Downside Target	43.75
Upside Target	45.45
Upside Target	46.04
Upside Target	46.40
Upside Target	46.76
Upside Target	50.49
Upside Target	51.36

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	42.88
Downside Intraday Target	41.97
Upside Intraday Target	45.08
Upside Intraday Target	46.37
Upside Intraday Target	44.17

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	43.80	43.63	45.45	43.25	2.228 times
19 Fri Apr 2024	43.50	39.99	43.75	39.00	0.711 times
12 Fri Apr 2024	39.51	40.55	40.95	39.17	1.312 times
05 Fri Apr 2024	40.87	42.61	42.80	40.55	1.819 times
28 Thu Mar 2024	42.48	41.82	42.48	41.36	0.465 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chemung Financial (CHMG)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	43.80	42.61	45.45	39.00	1.312 times
28 Thu Mar 2024	42.48	42.25	43.30	40.90	0.913 times
29 Thu Feb 2024	42.60	46.21	46.76	42.01	0.692 times
31 Wed Jan 2024	46.52	49.97	50.49	46.04	0.606 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Chemung Financial in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.74 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.