CHMG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Chemung Financial Corp (CHMG) Moving Averages Convergence Divergence (MACD) indicator is 2.316, suggesting CHMG is Strong Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 66.05, while Chemung Financial Corp (CHMG) share price is $67.01, making it Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 59.005, while Chemung Financial Corp (CHMG) share price is $67.01, making it Buy.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-05-12, Chemung Financial Corp (CHMG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CHMG stands at 61.375, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.316, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 47.984 and the Commodity Channel Index (CCI) at 35.854 further confirm a -0.78 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $59.005 and above its 200-day long-term moving average of $55.402. Key price levels to watch include the immediate resistance at $69.692 and strong support at $64.692. A break above $69.692 could signal a bull continuation, while falling below $64.692 may test the next Fibonacci floor at $62.346.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	59.692	62.346	64.692	67.346	69.692	72.346	74.692
Fibonacci	62.346	64.256	65.436	67.346	69.256	70.436	72.346

Chemung Financial Corp (CHMG) Technical Indicators

2026-05-12

Name	Value
RSI_14	61.375
STOCHk_14_3_3	47.984
STOCHd_14_3_3	56.896
CCI_20	35.854
AO_5_34	5.566
MOM_10	-0.78
MACD_12_26_9	2.316

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 61.375, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 47.984, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 56.896, creating a Neutral signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is 35.854, creating a Neutral signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is 5.566, creating a Buy signal.

Chemung Financial Corp (CHMG) Momentum is -0.78, creating a Sell signal.

Chemung Financial Corp (CHMG) MACD is 2.316, creating a Buy signal.

Chemung Financial Corp (CHMG) Moving Average

2026-05-12

Period	Simple	Signal
MA_5	67.586	Sell
MA_10	67.038	Sell
MA_20	66.05	Buy
MA_60	59.005	Buy
MA_200	55.402	Buy
MA_250	54.136	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 67.586, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Sell.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 67.038, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Sell.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 66.05, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 59.005, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Buy.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 55.402, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Buy.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 54.136, while Chemung Financial Corp (CHMG) share price is $67.01, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for CHMG?

The overall technical consensus for Chemung Financial Corp (CHMG) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 1 sell signals.

What are the key support and resistance levels for Chemung Financial Corp (CHMG) today?

Based on pivot point calculations, Chemung Financial Corp (CHMG) has an immediate support level at 64.692 and a major resistance level at 69.692. Traders also monitor the pivot point at 67.346 to determine the intraday trend direction.

Is Chemung Financial Corp (CHMG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Chemung Financial Corp (CHMG) is currently 61.375. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Chemung Financial Corp (CHMG)?

Chemung Financial Corp (CHMG) Moving Averages Convergence Divergence (MACD) indicator is 2.316, suggesting CHMG is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Chemung Financial Corp.

How is Chemung Financial Corp (CHMG) performing relative to its 200-day moving average?

Chemung Financial Corp (CHMG) is currently trading at $67.01, which is above its 200-day simple moving average of 55.402. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.