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 -1.316, suggesting CHMG is Strong Sell.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 57.007, while Chemung Financial Corp (CHMG) share price is $53, making it Sell.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 57.509, while Chemung Financial Corp (CHMG) share price is $53, making it Sell.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-03-11, Chemung Financial Corp (CHMG) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CHMG stands at 34.11, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.316, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.981 and the Commodity Channel Index (CCI) at -148.375 further confirm a -4.5 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $57.509 and above its 200-day long-term moving average of $53.093. Key price levels to watch include the immediate resistance at $57.944 and strong support at $52.894. A break above $57.944 could signal a bull continuation, while falling below $52.894 may test the next Fibonacci floor at $50.422.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	47.844	50.422	52.894	55.472	57.944	60.522	62.994
Fibonacci	50.422	52.351	53.543	55.472	57.401	58.593	60.522

Chemung Financial Corp (CHMG) Technical Indicators

2026-03-11

Name	Value
RSI_14	34.11
STOCHk_14_3_3	11.981
STOCHd_14_3_3	14.679
CCI_20	-148.375
AO_5_34	-4.308
MOM_10	-4.5
MACD_12_26_9	-1.316

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 34.11, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 11.981, creating a Buy signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 14.679, creating a Buy signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is -148.375, creating a Buy signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is -4.308, creating a Sell signal.

Chemung Financial Corp (CHMG) Momentum is -4.5, creating a Sell signal.

Chemung Financial Corp (CHMG) MACD is -1.316, creating a Sell signal.

Chemung Financial Corp (CHMG) Moving Average

2026-03-11

Period	Simple	Signal
MA_5	54.298	Sell
MA_10	55.366	Sell
MA_20	57.007	Sell
MA_60	57.509	Sell
MA_200	53.093	Sell
MA_250	51.629	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 54.298, while Chemung Financial Corp (CHMG) share price is $53, making it a Sell.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 55.366, while Chemung Financial Corp (CHMG) share price is $53, making it a Sell.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 57.007, while Chemung Financial Corp (CHMG) share price is $53, making it a Sell.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 57.509, while Chemung Financial Corp (CHMG) share price is $53, making it a Sell.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 53.093, while Chemung Financial Corp (CHMG) share price is $53, making it a Sell.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 51.629, while Chemung Financial Corp (CHMG) share price is $53, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 4 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 52.894 and a major resistance level at 57.944. Traders also monitor the pivot point at 55.472 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 34.11. 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 -1.316, suggesting CHMG is Strong Sell. 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 $53, which is below its 200-day simple moving average of 53.093. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.