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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 2024-06-26 View latest technical analysis

10 day averaged volume of Chemung Financial is 9020

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	43.90	43.75	44.59	43.62	1.086 times
25 Tue Jun 2024	43.75	43.75	43.75	43.50	0.466 times
24 Mon Jun 2024	43.83	41.90	43.97	41.90	1.009 times
21 Fri Jun 2024	42.04	42.07	42.50	41.90	2.894 times
20 Thu Jun 2024	42.09	41.90	42.32	41.90	1.319 times
18 Tue Jun 2024	42.05	42.22	42.67	42.03	1.12 times
18 Tue Jun 2024	42.05	42.22	42.67	42.03	1.12 times
17 Mon Jun 2024	42.20	42.64	42.64	42.20	0.599 times
14 Fri Jun 2024	42.85	42.22	43.32	42.22	0.687 times
13 Thu Jun 2024	43.22	43.35	43.50	43.22	0.188 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.6, but if it comes below 43.6, then a intra day sell could be more profitable.
If you take a sell trade below 43.6, then use 43.6 as stoploss and 43 as target. However if you take a buy trade in stock , then use 43.6 as stoploss and 44.3 as target.

Share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Target	39.00
Downside Target	40.90
Downside Target	41.90
Downside Target	43.30
Downside Target	43.66
Upside Target	43.98
Upside Target	44.00
Upside Target	44.59
Upside Target	45.45
Upside Target	46.76

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	42.34
Downside Intraday Target	40.77
Upside Intraday Target	45.03
Upside Intraday Target	46.15
Downside Intraday Target	43.46

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	43.90	41.90	44.59	41.90	0.48 times
21 Fri Jun 2024	42.04	42.22	42.67	41.90	3.103 times
18 Tue Jun 2024	42.05	42.64	42.67	42.03	0.686 times
14 Fri Jun 2024	42.85	42.40	43.98	42.22	0.89 times
07 Fri Jun 2024	43.09	43.40	43.66	42.80	1.411 times

Price has moved up 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
26 Wed Jun 2024	43.90	43.40	44.59	41.90	1.067 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 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 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 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 gaining 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 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 42.57 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.