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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 2024-08-27 View latest technical analysis

10 day averaged volume of Chemung Financial is 11420

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	46.90	47.25	47.25	46.88	0.525 times
26 Mon Aug 2024	47.10	47.56	47.56	47.05	1.918 times
23 Fri Aug 2024	47.00	45.50	48.30	45.50	0.972 times
22 Thu Aug 2024	45.24	45.47	45.47	44.21	0.403 times
21 Wed Aug 2024	45.25	45.31	45.56	45.06	0.394 times
20 Tue Aug 2024	45.15	45.49	45.55	44.95	0.648 times
19 Mon Aug 2024	45.40	45.64	46.66	45.06	1.13 times
16 Fri Aug 2024	45.20	44.94	45.77	44.86	0.937 times
15 Thu Aug 2024	44.78	44.70	46.27	44.55	2.417 times
14 Wed Aug 2024	44.18	44.27	44.50	44.10	0.701 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.8, but if it comes below 46.8, then a intra day sell could be more profitable.
If you take a sell trade below 46.8, then use 46.8 as stoploss and 45.42 as target. However if you take a buy trade in stock , then use 46.8 as stoploss and 48.4 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	39.00
Downside Target	41.90
Downside Target	43.70
Downside Target	45.45
Downside Target	46.27
Downside Target	46.88
Upside Target	47.56
Upside Target	48.30
Upside Target	48.70
Upside Target	48.78
Upside Target	49.30
Upside Target	51.28

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	46.67
Downside Intraday Target	46.43
Upside Intraday Target	47.35
Upside Intraday Target	47.79
Upside Intraday Target	47.11

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	46.90	47.56	47.56	46.88	0.689 times
23 Fri Aug 2024	47.00	45.64	48.30	44.21	0.691 times
16 Fri Aug 2024	45.20	44.59	46.27	43.70	1.434 times
09 Fri Aug 2024	44.25	45.46	45.53	43.99	0.75 times
02 Fri Aug 2024	46.48	48.51	49.30	45.56	0.52 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
27 Tue Aug 2024	46.90	48.50	48.78	43.70	0.517 times
31 Wed Jul 2024	48.76	47.84	51.28	43.94	1.822 times
28 Fri Jun 2024	48.00	43.40	48.70	41.90	1.619 times
31 Fri May 2024	43.40	42.44	44.00	42.02	0.699 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 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 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 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 stronger in this stock.

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

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 45.68 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 negative.

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