Technical Analysis for CHMG - Chemung Financial Corp

Grade Last Price % Change Price Change
grade D 44.01 -1.46% -0.65
CHMG closed down 1.46 percent on Friday, September 13, 2019, on 3.47 times normal volume. It was able to find support at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Sep 27

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical CHMG trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
50 DMA Support Bullish 0.00%
Cup with Handle Other 0.00%
Volume Surge Other 0.00%
Upper Bollinger Band Walk Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Fell Below 200 DMA Bearish -1.46%

Older signals for CHMG ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
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.
Financial Services Banking Bank Texas Capital Bank Insurance Products Investment Banks Bank Of America Home Loans Trustee
Is CHMG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 51.0
52 Week Low 36.87
Average Volume 5,760
200-Day Moving Average 45.0575
50-Day Moving Average 43.7132
20-Day Moving Average 41.481
10-Day Moving Average 42.648
Average True Range 1.4841
ADX 23.81
+DI 32.1011
-DI 15.7257
Chandelier Exit (Long, 3 ATRs ) 41.4477
Chandelier Exit (Short, 3 ATRs ) 43.0123
Upper Bollinger Band 44.9458
Lower Bollinger Band 38.0162
Percent B (%b) 0.86
BandWidth 16.70548
MACD Line 0.3424
MACD Signal Line -0.2948
MACD Histogram 0.6372
Fundamentals Value
Market Cap 208.47 Million
Num Shares 4.74 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 18.11
Price-to-Sales 3.05
Price-to-Book 1.43
PEG Ratio 0.00
Dividend 1.04
Dividend Yield 2.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.37
Resistance 3 (R3) 47.63 46.76 46.81
Resistance 2 (R2) 46.76 45.91 46.63 46.62
Resistance 1 (R1) 45.39 45.38 44.96 45.13 46.44
Pivot Point 44.52 44.52 44.31 44.40 44.52
Support 1 (S1) 43.15 43.67 42.72 42.89 41.58
Support 2 (S2) 42.28 43.14 42.16 41.40
Support 3 (S3) 40.91 42.28 41.21
Support 4 (S4) 40.65