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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 14600

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	48.52	48.20	48.52	48.16	1.562 times
16 Wed Oct 2024	48.35	48.50	48.50	48.30	1.288 times
15 Tue Oct 2024	47.99	47.90	48.13	47.90	2.603 times
14 Mon Oct 2024	47.60	48.07	48.22	47.50	1.096 times
11 Fri Oct 2024	47.60	47.39	47.88	47.39	1.034 times
10 Thu Oct 2024	46.92	46.92	46.92	46.92	0.192 times
09 Wed Oct 2024	46.80	47.46	47.46	46.55	1.055 times
08 Tue Oct 2024	46.75	47.15	47.15	46.59	0.979 times
07 Mon Oct 2024	46.73	46.56	46.92	46.51	0.603 times
04 Fri Oct 2024	46.73	46.77	47.40	46.20	0.438 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.3, but if it comes below 48.3, then a intra day sell could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 47.57 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 49.1 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	41.90
Downside Target	43.70
Downside Target	45.10
Downside Target	46.03
Downside Target	47.50
Downside Target	48.52
Upside Target	48.70
Upside Target	48.78
Upside Target	49.01
Upside Target	49.17
Upside Target	51.28

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	47.84
Downside Intraday Target	47.16
Upside Intraday Target	48.86
Upside Intraday Target	49.2
Downside Intraday Target	48.18

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	48.52	48.07	48.52	47.50	1.695 times
11 Fri Oct 2024	47.60	46.56	47.88	46.51	1.251 times
04 Fri Oct 2024	46.73	48.12	48.17	46.03	1.111 times
27 Fri Sep 2024	48.01	48.53	49.01	47.70	0.356 times
20 Fri Sep 2024	48.73	46.65	49.17	46.50	2.133 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
17 Thu Oct 2024	48.52	47.86	48.52	46.03	0.701 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
31 Wed Jul 2024	48.76	47.84	51.28	43.94	1.822 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 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 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Chemung Financial in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 47.66 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.