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 2.111, suggesting CHMG is Strong Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 57.022, while Chemung Financial Corp (CHMG) share price is $67.95, making it Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 57.395, while Chemung Financial Corp (CHMG) share price is $67.95, making it Buy.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-04-20, Chemung Financial Corp (CHMG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CHMG stands at 78.854, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.111, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.698 and the Commodity Channel Index (CCI) at 239.461 further confirm a 13.46 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $57.395 and above its 200-day long-term moving average of $54.232. Key price levels to watch include the immediate resistance at $68.773 and strong support at $53.333. A break above $68.773 could signal a bull continuation, while falling below $53.333 may test the next Fibonacci floor at $46.642.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	37.893	46.642	53.333	62.082	68.773	77.522	84.213
Fibonacci	46.642	52.54	56.184	62.082	67.98	71.624	77.522

Chemung Financial Corp (CHMG) Technical Indicators

2026-04-20

Name	Value
RSI_14	78.854
STOCHk_14_3_3	73.698
STOCHd_14_3_3	74.76
CCI_20	239.461
AO_5_34	6.307
MOM_10	13.46
MACD_12_26_9	2.111

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 78.854, creating a Sell signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 73.698, creating a Neutral signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 74.76, creating a Neutral signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is 239.461, creating a Sell signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is 6.307, creating a Buy signal.

Chemung Financial Corp (CHMG) Momentum is 13.46, creating a Buy signal.

Chemung Financial Corp (CHMG) MACD is 2.111, creating a Buy signal.

Chemung Financial Corp (CHMG) Moving Average

2026-04-20

Period	Simple	Signal
MA_5	61.654	Buy
MA_10	60.025	Buy
MA_20	57.022	Buy
MA_60	57.395	Buy
MA_200	54.232	Buy
MA_250	52.74	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 61.654, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 60.025, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 57.022, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 57.395, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 54.232, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 52.74, while Chemung Financial Corp (CHMG) share price is $67.95, making it a Buy.

People Also Watch

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 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 53.333 and a major resistance level at 68.773. Traders also monitor the pivot point at 62.082 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 78.854. This indicates that the stock is in overbought 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 2.111, 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 $67.95, which is above its 200-day simple moving average of 54.232. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.