(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 2024-03-04 View latest technical analysis
10 day averaged volume of Chemung Financial is 6260
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 42.16 | 42.43 | 43.00 | 42.15 | 0.767 times |
01 Fri Mar 2024 | 42.42 | 42.25 | 42.50 | 42.25 | 0.863 times |
29 Thu Feb 2024 | 42.60 | 42.57 | 43.62 | 42.57 | 0.687 times |
28 Wed Feb 2024 | 42.43 | 42.25 | 42.64 | 42.01 | 2.444 times |
27 Tue Feb 2024 | 42.50 | 43.00 | 43.00 | 42.25 | 1.454 times |
26 Mon Feb 2024 | 42.67 | 43.08 | 43.25 | 42.27 | 1.038 times |
23 Fri Feb 2024 | 42.97 | 42.30 | 42.99 | 42.30 | 0.415 times |
22 Thu Feb 2024 | 42.60 | 42.52 | 43.48 | 42.52 | 0.655 times |
21 Wed Feb 2024 | 42.71 | 42.72 | 43.05 | 42.71 | 0.495 times |
20 Tue Feb 2024 | 43.10 | 43.63 | 44.00 | 42.83 | 0.799 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.5, but if it comes above 42.5, then a intra day buy could be more profitable.
If you take a sell trade below 42.5, then use 42.5 as stoploss and 41.4 as target. However if you take a buy trade in stock , then use 42.5 as stoploss and 43.34 as target.
Share price targets for Chemung Financial (CHMG)
Target Type | Value |
Downside Target | 40.97 |
Downside Target | 42.01 |
Upside Target | 44.00 |
Upside Target | 44.88 |
Upside Target | 46.04 |
Upside Target | 46.35 |
Upside Target | 46.40 |
Upside Target | 46.55 |
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 | 41.87 |
Downside Intraday Target | 41.59 |
Upside Intraday Target | 42.72 |
Upside Intraday Target | 43.29 |
Upside Intraday Target | 42.44 |
Weekly technical analysis of Chemung Financial (CHMG)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 42.16 | 42.43 | 43.00 | 42.15 | 0.118 times |
01 Fri Mar 2024 | 42.42 | 43.08 | 43.62 | 42.01 | 2.743 times |
23 Fri Feb 2024 | 42.97 | 43.63 | 44.00 | 42.30 | 0.45 times |
16 Fri Feb 2024 | 43.90 | 44.56 | 44.88 | 42.76 | 1.412 times |
09 Fri Feb 2024 | 43.84 | 46.35 | 46.35 | 43.51 | 0.434 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 |
04 Mon Mar 2024 | 42.16 | 42.25 | 43.00 | 42.15 | 0.081 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 |
29 Fri Dec 2023 | 49.80 | 46.48 | 51.36 | 46.40 | 2.093 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Chemung Financial in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Chemung Financial in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 42.56 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Chemung Financial ( (CHMG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Chemung Financial in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Chemung Financial in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 42.56 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.