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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 2024-11-18 View latest technical analysis

10 day averaged volume of Chemung Financial is 18750

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	51.21	51.44	51.77	51.21	0.608 times
15 Fri Nov 2024	51.55	51.61	52.10	51.43	0.683 times
14 Thu Nov 2024	51.45	51.75	51.89	51.45	0.608 times
13 Wed Nov 2024	51.79	52.21	52.26	51.75	0.469 times
12 Tue Nov 2024	51.79	51.75	52.59	51.75	0.96 times
11 Mon Nov 2024	51.86	51.91	52.00	51.58	1.093 times
08 Fri Nov 2024	50.70	50.84	50.90	49.70	1.477 times
07 Thu Nov 2024	49.83	51.00	51.55	49.83	1.067 times
06 Wed Nov 2024	51.21	49.00	51.72	48.99	2.469 times
05 Tue Nov 2024	47.75	47.19	47.75	47.10	0.608 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.1, but if it comes below 51.1, then a intra day sell could be more profitable.
If you take a sell trade below 51.1, then use 51.1 as stoploss and 49.08 as target. However if you take a buy trade in stock , then use 51.1 as stoploss and 53.6 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	48.35
Downside Target	49.17
Downside Target	51.21
Upside Target	51.28
Upside Target	51.43
Upside Target	51.72
Upside Target	51.77
Upside Target	52.59

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	51.02
Downside Intraday Target	50.84
Upside Intraday Target	51.58
Upside Intraday Target	51.96
Upside Intraday Target	51.4

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	51.21	51.44	51.77	51.21	0.159 times
15 Fri Nov 2024	51.55	51.91	52.59	51.43	0.616 times
08 Fri Nov 2024	50.70	47.32	51.72	46.95	2.595 times
01 Fri Nov 2024	47.31	46.85	48.35	46.85	1.04 times
25 Fri Oct 2024	46.79	48.01	48.39	46.68	0.406 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
18 Mon Nov 2024	51.21	48.28	52.59	46.95	0.758 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
30 Fri Aug 2024	46.68	48.50	48.78	43.70	0.668 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 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 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.

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.

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 green color and prices are above the green 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

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 50.97 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.