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 2.148, suggesting CHMG.O is Strong buy.

Chemung Financial Corp (CHMG.O) 20-Day simple moving average is 58.354, while Chemung Financial Corp (CHMG.O) share price is $64.4, making it Buy.

Chemung Financial Corp (CHMG.O) 60-Day simple moving average is 55.701, while Chemung Financial Corp (CHMG.O) share price is $64.4, making it Buy.

Technical Analysis for CHMG

Technical Sentiment Analysis for Chemung Financial Corp (CHMG) As of 2026-02-06, Chemung Financial Corp (CHMG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 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 72.156, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.148, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 97.506 and the Commodity Channel Index (CCI) at 154.054 further confirm a 7.6 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CHMG is trading above its 60-day moving average of $55.701 and above its 200-day long-term moving average of $51.822. Key price levels to watch include the immediate resistance at $65.027 and strong support at $57.027. A break above $65.027 could signal a bull continuation, while falling below $57.027 may test the next Fibonacci floor at $53.013.

Chemung Financial Corp (CHMG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	49.027	53.013	57.027	61.013	65.027	69.013	73.027
Fibonacci	53.013	56.069	57.957	61.013	64.069	65.957	69.013

Chemung Financial Corp (CHMG) Technical Indicators

2026-02-06

Name	Value
RSI_14	72.156
STOCHk_14_3_3	97.506
STOCHd_14_3_3	93.514
CCI_20	154.054
AO_5_34	5.394
MOM_10	7.6
MACD_12_26_9	2.148

Chemung Financial Corp (CHMG) Relative Strength Index (RSI) is 72.156, creating a Sell signal.

Chemung Financial Corp (CHMG) Stochastic Oscillator is 97.506, creating a Sell signal.

Chemung Financial Corp (CHMG) Stochastic RSI is 93.514, creating a Sell signal.

Chemung Financial Corp (CHMG) Commodity Channel Index (CCI) is 154.054, creating a Sell signal.

Chemung Financial Corp (CHMG) Awesome Oscillator is 5.394, creating a Buy signal.

Chemung Financial Corp (CHMG) Momentum is 7.6, creating a Buy signal.

Chemung Financial Corp (CHMG) MACD is 2.148, creating a Buy signal.

Chemung Financial Corp (CHMG) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	62.868	Buy
MA_10	61.04	Buy
MA_20	58.354	Buy
MA_60	55.701	Buy
MA_200	51.822	Buy
MA_250	51.019	Buy

Chemung Financial Corp (CHMG) 5-Day simple moving average is 62.868, while Chemung Financial Corp (CHMG) share price is $64.4, making it a Buy.

Chemung Financial Corp (CHMG) 10-Day simple moving average is 61.04, while Chemung Financial Corp (CHMG) share price is $64.4, making it a Buy.

Chemung Financial Corp (CHMG) 20-Day simple moving average is 58.354, while Chemung Financial Corp (CHMG) share price is $64.4, making it a Buy.

Chemung Financial Corp (CHMG) 60-Day simple moving average is 55.701, while Chemung Financial Corp (CHMG) share price is $64.4, making it a Buy.

Chemung Financial Corp (CHMG) 200-Day simple moving average is 51.822, while Chemung Financial Corp (CHMG) share price is $64.4, making it a Buy.

Chemung Financial Corp (CHMG) 250-Day simple moving average is 51.019, while Chemung Financial Corp (CHMG) share price is $64.4, 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 5 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 57.027 and a major resistance level at 65.027. Traders also monitor the pivot point at 61.013 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 72.156. 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 2.148, 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 $64.4, which is above its 200-day simple moving average of 51.822. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.