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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 2024-07-11 View latest technical analysis

10 day averaged volume of Chemung Financial is 16870

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	45.93	44.74	47.00	44.74	1.535 times
10 Wed Jul 2024	44.28	44.20	44.54	44.02	0.261 times
09 Tue Jul 2024	44.06	44.34	44.66	43.94	0.32 times
08 Mon Jul 2024	44.41	44.95	45.32	44.33	1.446 times
05 Fri Jul 2024	44.56	45.52	45.76	44.10	1.446 times
03 Wed Jul 2024	45.70	46.00	46.32	45.70	0.563 times
03 Wed Jul 2024	45.70	46.00	46.32	45.70	0.563 times
02 Tue Jul 2024	46.31	46.63	46.63	46.26	0.184 times
01 Mon Jul 2024	46.36	47.84	47.85	46.32	1.085 times
28 Fri Jun 2024	48.00	45.00	48.70	45.00	3.912 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.9, but if it comes below 45.9, then a intra day sell could be more profitable.
If you take a sell trade below 45.9, then use 45.9 as stoploss and 44.25 as target. However if you take a buy trade in stock , then use 45.9 as stoploss and 47.9 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	45.45
Downside Target	45.70
Upside Target	46.32
Upside Target	47.00
Upside Target	47.85
Upside Target	48.70

Intraday share price targets for Chemung Financial (CHMG)

Target Type	Value
Downside Intraday Target	44.25
Downside Intraday Target	42.56
Upside Intraday Target	47.31
Upside Intraday Target	48.68
Downside Intraday Target	45.62

Weekly technical analysis of Chemung Financial (CHMG)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	45.93	44.95	47.00	43.94	1.773 times
05 Fri Jul 2024	44.56	46.00	46.32	44.10	1.097 times
03 Wed Jul 2024	45.70	47.84	47.85	45.70	0.333 times
28 Fri Jun 2024	48.00	41.90	48.70	41.90	1.929 times
21 Fri Jun 2024	42.04	42.22	42.67	41.90	3.103 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
11 Thu Jul 2024	45.93	47.84	47.85	43.94	0.611 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
30 Tue Apr 2024	42.17	42.61	45.45	39.00	1.579 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 gaining momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 46.21 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 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.