(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 2024-01-09 View latest technical analysis
10 day averaged volume of Chemung Financial is 11230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 48.70 | 48.83 | 49.50 | 48.70 | 0.855 times |
| 08 Mon Jan 2024 | 49.40 | 49.40 | 49.40 | 49.40 | 0.303 times |
| 05 Fri Jan 2024 | 49.47 | 49.25 | 49.90 | 49.06 | 1.273 times |
| 04 Thu Jan 2024 | 49.25 | 49.48 | 50.00 | 48.71 | 0.98 times |
| 03 Wed Jan 2024 | 49.27 | 49.95 | 50.15 | 49.20 | 1.069 times |
| 02 Tue Jan 2024 | 49.94 | 49.97 | 50.49 | 49.53 | 1.621 times |
| 29 Fri Dec 2023 | 49.80 | 50.41 | 50.41 | 49.41 | 0.757 times |
| 29 Fri Dec 2023 | 49.80 | 50.41 | 50.41 | 49.41 | 0.757 times |
| 28 Thu Dec 2023 | 50.17 | 50.15 | 50.38 | 49.85 | 0.926 times |
| 27 Wed Dec 2023 | 50.03 | 50.01 | 50.15 | 49.80 | 1.024 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 47.9 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 49.47 as target.
Share price targets for Chemung Financial (CHMG)
| Target Type | Value |
| Downside Target | 38.64 |
| Downside Target | 40.97 |
| Downside Target | 44.22 |
| Downside Target | 46.40 |
| Downside Target | 48.56 |
| Upside Target | 49.50 |
| Upside Target | 50.41 |
| Upside Target | 50.49 |
| Upside Target | 50.50 |
| Upside Target | 51.29 |
| Upside Target | 51.36 |
Intraday share price targets for Chemung Financial (CHMG)
| Target Type | Value |
| Downside Intraday Target | 48.43 |
| Downside Intraday Target | 48.17 |
| Upside Intraday Target | 49.23 |
| Upside Intraday Target | 49.77 |
| Upside Intraday Target | 48.97 |
Weekly technical analysis of Chemung Financial (CHMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 48.70 | 49.40 | 49.50 | 48.70 | 0.234 times |
| 05 Fri Jan 2024 | 49.47 | 49.97 | 50.49 | 48.71 | 6.529 times |
| 29 Fri Dec 2023 | 49.80 | 50.41 | 50.41 | 49.41 | 0.189 times |
| 29 Fri Dec 2023 | 49.80 | 49.77 | 50.50 | 49.41 | 0.595 times |
| 22 Fri Dec 2023 | 49.99 | 49.24 | 51.29 | 48.56 | 0.751 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 Tue Jan 2024 | 48.70 | 49.97 | 50.49 | 48.70 | 0.229 times |
| 29 Fri Dec 2023 | 49.80 | 46.48 | 51.36 | 46.40 | 2.093 times |
| 30 Thu Nov 2023 | 46.20 | 40.97 | 46.55 | 40.97 | 1.027 times |
| 31 Tue Oct 2023 | 41.28 | 39.87 | 41.28 | 38.75 | 1.088 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 49.61 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 positive
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 49.61 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.