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 -0.72, suggesting CHMG is Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 53.601, while Chemung Financial Corp (CHMG) share price is $53.67, making it Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 56.636, while Chemung Financial Corp (CHMG) share price is $53.67, making it Sell.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-04-01, Chemung Financial Corp (CHMG) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CHMG stands at 46.218, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.72, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.607 and the Commodity Channel Index (CCI) at 28.334 further confirm a 2.42 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $56.636 and above its 200-day long-term moving average of $53.564. Key price levels to watch include the immediate resistance at $56.956 and strong support at $50.346. A break above $56.956 could signal a bull continuation, while falling below $50.346 may test the next Fibonacci floor at $47.023.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	43.736	47.023	50.346	53.633	56.956	60.243	63.566
Fibonacci	47.023	49.548	51.108	53.633	56.158	57.718	60.243

Chemung Financial Corp (CHMG) Technical Indicators

2026-04-01

Name	Value
RSI_14	46.218
STOCHk_14_3_3	59.607
STOCHd_14_3_3	60.447
CCI_20	28.334
AO_5_34	-1.114
MOM_10	2.42
MACD_12_26_9	-0.72

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 46.218, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 59.607, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 60.447, creating a Neutral signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is 28.334, creating a Neutral signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is -1.114, creating a Sell signal.

Chemung Financial Corp (CHMG) Momentum is 2.42, creating a Buy signal.

Chemung Financial Corp (CHMG) MACD is -0.72, creating a Sell signal.

Chemung Financial Corp (CHMG) Moving Average

2026-04-01

Period	Simple	Signal
MA_5	54.166	Sell
MA_10	53.669	Buy
MA_20	53.601	Buy
MA_60	56.636	Sell
MA_200	53.564	Buy
MA_250	51.955	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 54.166, while Chemung Financial Corp (CHMG) share price is $53.67, making it a Sell.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 53.669, while Chemung Financial Corp (CHMG) share price is $53.67, making it a Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 53.601, while Chemung Financial Corp (CHMG) share price is $53.67, making it a Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 56.636, while Chemung Financial Corp (CHMG) share price is $53.67, making it a Sell.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 53.564, while Chemung Financial Corp (CHMG) share price is $53.67, making it a Buy.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 51.955, while Chemung Financial Corp (CHMG) share price is $53.67, 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 Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 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 50.346 and a major resistance level at 56.956. Traders also monitor the pivot point at 53.633 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 46.218. 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 -0.72, suggesting CHMG is 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 $53.67, which is above its 200-day simple moving average of 53.564. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.