Technical Analysis for CHMG - Chemung Financial Corp

Grade Last Price % Change Price Change
B 46.36 -3.42% -1.64
CHMG closed down 3.42 percent on Monday, July 1, 2024, on 2.08 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jul 18
*** please verify all earnings dates ***
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Golden Cross Bullish 0.00%
New Uptrend Bullish 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Expansion Breakout Bullish Swing Setup -3.42%
Pocket Pivot Bullish Swing Setup -3.42%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
Down 1% about 10 hours ago
Rose Above Previous Day's High 3 days ago
Up 5% 3 days ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Chemung Financial Corp Description

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company and CFS Group, Inc., which provides various banking, financing, fiduciary, and other financial services primarily in New York. It operates in two segments, Core Banking and Wealth Management Group. The company accepts demand, savings, and time deposits; non-interest-bearing and interest-bearing checking accounts; and insured money market accounts. It also offers commercial, financial, and agricultural loans primarily consisting of loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; and consumer loans, including home equity lines of credit and home equity loans, as well as letters of credit. In addition, the company provides wealth management services comprising services as executor and trustee under wills and agreements; and guardian, custodian, trustee, and agent for pension, profit-sharing, and other employee benefit trusts, as well as various investment, pension, estate planning, and employee benefit administrative services. Further, it offers mutual funds, employee benefit plans, annuities, insurance products, and brokerage and tax preparation services. It operates 28 full-service branch offices, including 7 in Chemung County, New York; 13 in nearby counties of Broome, Schuyler, Steuben, Tioga, and Tompkins; 5 in Albany and Saratoga counties; and 3 in Bradford County, Pennsylvania, as well as operates 10 off-site automated teller facilities. Chemung Financial Corporation was founded in 1833 and is based in Elmira, New York.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Insurance Products Investment Bank Wealth Management Services Preparation Services Executor

Is CHMG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 50.5435
52 Week Low 35.9443
Average Volume 8,822
200-Day Moving Average 43.13
50-Day Moving Average 43.17
20-Day Moving Average 43.38
10-Day Moving Average 43.92
Average True Range 0.98
RSI (14) 67.11
ADX 25.02
+DI 46.46
-DI 9.73
Chandelier Exit (Long, 3 ATRs) 45.76
Chandelier Exit (Short, 3 ATRs) 44.84
Upper Bollinger Bands 46.32
Lower Bollinger Band 40.44
Percent B (%b) 1.01
BandWidth 13.56
MACD Line 0.78
MACD Signal Line 0.31
MACD Histogram 0.4675
Fundamentals Value
Market Cap 220.4 Million
Num Shares 4.75 Million
EPS 5.28
Price-to-Earnings (P/E) Ratio 8.78
Price-to-Sales 2.20
Price-to-Book 1.07
PEG Ratio 0.00
Dividend 1.24
Dividend Yield 2.67%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.66
Resistance 3 (R3) 48.90 48.37 48.27
Resistance 2 (R2) 48.37 47.79 48.25 48.14
Resistance 1 (R1) 47.37 47.43 47.11 47.13 48.02
Pivot Point 46.84 46.84 46.71 46.72 46.84
Support 1 (S1) 45.84 46.26 45.58 45.60 44.70
Support 2 (S2) 45.31 45.90 45.19 44.58
Support 3 (S3) 44.31 45.31 44.45
Support 4 (S4) 44.07