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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.882, suggesting CHMG.O is Strong buy.

Chemung Financial Corp (CHMG.O) 20-Day simple moving average is 55.924, while Chemung Financial Corp (CHMG.O) share price is $58.43, making it Buy.

Chemung Financial Corp (CHMG.O) 60-Day simple moving average is 54.497, while Chemung Financial Corp (CHMG.O) share price is $58.43, making it Buy.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-01-29, Chemung Financial Corp (CHMG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 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 59.109, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.882, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.425 and the Commodity Channel Index (CCI) at 111.053 further confirm a 2.83 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $54.497 and above its 200-day long-term moving average of $51.212. Key price levels to watch include the immediate resistance at $60.059 and strong support at $54.339. A break above $60.059 could signal a bull continuation, while falling below $54.339 may test the next Fibonacci floor at $51.449.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	48.619	51.449	54.339	57.169	60.059	62.889	65.779
Fibonacci	51.449	53.634	54.984	57.169	59.354	60.704	62.889

Chemung Financial Corp (CHMG) Technical Indicators

2026-01-29

Name	Value
RSI_14	59.109
STOCHk_14_3_3	83.425
STOCHd_14_3_3	83.514
CCI_20	111.053
AO_5_34	1.681
MOM_10	2.83
MACD_12_26_9	0.882

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 59.109, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 83.425, creating a Sell signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 83.514, creating a Sell signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is 111.053, creating a Sell signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is 1.681, creating a Buy signal.

Chemung Financial Corp (CHMG) Momentum is 2.83, creating a Buy signal.

Chemung Financial Corp (CHMG) MACD is 0.882, creating a Buy signal.

Chemung Financial Corp (CHMG) Moving Average

2026-01-29

Period	Simple	Signal
MA_5	58.09	Buy
MA_10	57.228	Buy
MA_20	55.924	Buy
MA_60	54.497	Buy
MA_200	51.212	Buy
MA_250	50.726	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 58.09, while Chemung Financial Corp (CHMG) share price is $58.43, making it a Buy.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 57.228, while Chemung Financial Corp (CHMG) share price is $58.43, making it a Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 55.924, while Chemung Financial Corp (CHMG) share price is $58.43, making it a Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 54.497, while Chemung Financial Corp (CHMG) share price is $58.43, making it a Buy.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 51.212, while Chemung Financial Corp (CHMG) share price is $58.43, making it a Buy.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 50.726, while Chemung Financial Corp (CHMG) share price is $58.43, 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 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 54.339 and a major resistance level at 60.059. Traders also monitor the pivot point at 57.169 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 59.109. 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 0.882, 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 $58.43, which is above its 200-day simple moving average of 51.212. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.