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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 2024-06-04 View latest technical analysis

10 day averaged volume of Chemung Financial is 6521

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	43.06	43.45	43.45	43.06	0.506 times
03 Mon Jun 2024	43.51	43.40	43.66	42.80	1.196 times
31 Fri May 2024	43.40	43.19	43.40	43.04	0.583 times
30 Thu May 2024	43.20	42.94	43.40	42.94	0.797 times
29 Wed May 2024	43.00	43.50	43.50	42.92	0.736 times
28 Tue May 2024	43.58	43.74	43.84	43.58	0.644 times
23 Thu May 2024	43.28	43.65	43.66	43.00	1.073 times
22 Wed May 2024	43.55	43.51	43.80	43.00	0.905 times
21 Tue May 2024	43.40	43.22	43.60	43.22	1.488 times
20 Mon May 2024	43.41	43.26	43.58	43.26	1.167 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.2, but if it comes above 43.2, then a intra day buy could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 43 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 43.34 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	39.00
Downside Target	40.90
Downside Target	42.01
Upside Target	43.66
Upside Target	43.80
Upside Target	43.83
Upside Target	43.84
Upside Target	44.00
Upside Target	45.45
Upside Target	46.76

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	42.69
Downside Intraday Target	42.31
Upside Intraday Target	43.55
Upside Intraday Target	44.03
Upside Intraday Target	43.17

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	43.06	43.40	43.66	42.80	0.617 times
31 Fri May 2024	43.40	43.74	43.84	42.92	0.596 times
23 Thu May 2024	43.28	43.26	43.80	43.00	0.865 times
17 Fri May 2024	43.41	43.40	44.00	42.94	1.314 times
10 Fri May 2024	43.30	43.00	43.83	43.00	0.953 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 Tue Jun 2024	43.06	43.40	43.66	42.80	0.088 times
31 Fri May 2024	43.40	42.44	44.00	42.02	0.699 times
30 Tue Apr 2024	42.17	42.61	45.45	39.00	1.579 times
28 Thu Mar 2024	42.48	42.25	43.30	40.90	0.913 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Chemung Financial in short term but the sell signal is initial and weak.

Chemung Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

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 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 43.36 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.