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 2024-04-09 View latest technical analysis

10 day averaged volume of Chemung Financial is 4870

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	40.79	40.00	40.85	40.00	1.335 times
08 Mon Apr 2024	40.56	40.55	40.95	40.25	1.027 times
05 Fri Apr 2024	40.87	40.56	40.87	40.55	0.513 times
04 Thu Apr 2024	40.90	41.40	41.40	40.80	0.842 times
03 Wed Apr 2024	41.05	41.38	41.58	40.59	0.986 times
02 Tue Apr 2024	41.34	42.15	42.15	41.20	1.602 times
01 Mon Apr 2024	41.81	42.61	42.80	41.80	1.848 times
28 Thu Mar 2024	42.48	42.35	42.48	42.02	0.78 times
27 Wed Mar 2024	42.07	41.85	42.07	41.51	1.068 times
26 Tue Mar 2024	41.36	41.60	41.99	41.36	0.595 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.1, but if it comes above 41.1, then a intra day buy could be more profitable.
If you take a sell trade below 41.1, then use 41.1 as stoploss and 40.4 as target. However if you take a buy trade in stock , then use 41.1 as stoploss and 41.63 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	40.00
Upside Target	42.80
Upside Target	42.87
Upside Target	42.89
Upside Target	43.30
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	40.21
Downside Intraday Target	39.63
Upside Intraday Target	41.16
Upside Intraday Target	41.53
Downside Intraday Target	40.58

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	40.79	40.55	40.95	40.00	0.408 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
22 Fri Mar 2024	41.89	41.80	42.87	40.90	0.893 times
15 Fri Mar 2024	42.00	42.59	42.89	41.05	1.629 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
09 Tue Apr 2024	40.79	42.61	42.80	40.00	0.347 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 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 and the sell signal is strong.

Chemung Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 41.35 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.