(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 2024-08-09 View latest technical analysis
10 day averaged volume of Chemung Financial is 10100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 44.25 | 44.80 | 45.02 | 44.25 | 0.622 times |
| 08 Thu Aug 2024 | 44.40 | 44.55 | 44.61 | 44.38 | 0.713 times |
| 07 Wed Aug 2024 | 44.10 | 45.03 | 45.03 | 43.99 | 0.594 times |
| 06 Tue Aug 2024 | 44.14 | 44.00 | 45.11 | 44.00 | 1.02 times |
| 05 Mon Aug 2024 | 44.37 | 45.46 | 45.53 | 44.01 | 1.099 times |
| 02 Fri Aug 2024 | 46.48 | 46.73 | 47.47 | 45.56 | 0.97 times |
| 01 Thu Aug 2024 | 47.59 | 48.50 | 48.78 | 47.53 | 1.485 times |
| 31 Wed Jul 2024 | 48.76 | 49.07 | 49.30 | 48.75 | 0.931 times |
| 30 Tue Jul 2024 | 49.04 | 49.00 | 49.05 | 48.98 | 1.03 times |
| 29 Mon Jul 2024 | 48.57 | 48.51 | 48.71 | 48.07 | 0.98 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.5, but if it comes above 45.5, then a intra day buy could be more profitable.
If you take a sell trade below 45.5, then use 45.5 as stoploss and 43 as target. However if you take a buy trade in stock , then use 45.5 as stoploss and 47.61 as target.
Share price targets for Chemung Financial (CHMG)
| Target Type | Value |
| Downside Target | 39.00 |
| Downside Target | 41.90 |
| Downside Target | 43.94 |
| Upside Target | 45.45 |
| Upside Target | 46.60 |
| Upside Target | 48.41 |
| Upside Target | 48.70 |
| Upside Target | 48.78 |
| Upside Target | 49.23 |
| Upside Target | 49.30 |
| Upside Target | 51.28 |
Intraday share price targets for Chemung Financial (CHMG)
| Target Type | Value |
| Downside Intraday Target | 43.65 |
| Downside Intraday Target | 43.05 |
| Upside Intraday Target | 45.19 |
| Upside Intraday Target | 46.13 |
| Upside Intraday Target | 44.59 |
Weekly technical analysis of Chemung Financial (CHMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 44.25 | 45.46 | 45.53 | 43.99 | 0.75 times |
| 02 Fri Aug 2024 | 46.48 | 48.51 | 49.30 | 45.56 | 0.52 times |
| 26 Fri Jul 2024 | 48.79 | 49.23 | 49.23 | 48.41 | 1.049 times |
| 19 Fri Jul 2024 | 49.00 | 46.60 | 51.28 | 46.60 | 1.365 times |
| 12 Fri Jul 2024 | 46.20 | 44.95 | 47.00 | 43.94 | 2.159 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 |
| 09 Fri Aug 2024 | 44.25 | 48.50 | 48.78 | 43.99 | 0.176 times |
| 31 Wed Jul 2024 | 48.76 | 47.84 | 51.28 | 43.94 | 1.822 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 |
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Chemung Financial in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Chemung Financial in short term but BUY 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
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 46.42 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.
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Chemung Financial in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Chemung Financial in short term but BUY 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
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 46.42 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.