Technical Analysis for CHMG - Chemung Financial Corp

Grade Last Price % Change Price Change
grade C 45.67 1.26% 0.57
CHMG closed up 1.26 percent on Thursday, March 21, 2019, on 1.45 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line.

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

Date Alert Name Type % Chg
Mar 21 200 DMA Support Bullish 0.00%
Mar 21 50 DMA Support Bullish 0.00%
Mar 21 Lower Bollinger Band Walk Weakness 0.00%
Mar 21 Lower Bollinger Band Touch Weakness 0.00%
Mar 20 20 DMA Resistance Bearish 1.26%
Mar 20 Lower Bollinger Band Walk Weakness 1.26%
Mar 20 Down 3 Days in a Row Weakness 1.26%
Mar 20 Down 4 Days in a Row Weakness 1.26%
Mar 20 Lower Bollinger Band Touch Weakness 1.26%
Mar 19 20 DMA Resistance Bearish -0.78%

Older signals for CHMG ...

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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: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 53.99
52 Week Low 36.87
Average Volume 8,137
200-Day Moving Average 44.4554
50-Day Moving Average 44.7058
20-Day Moving Average 46.742
10-Day Moving Average 46.403
Average True Range 2.1525
ADX 15.0
+DI 16.1058
-DI 22.7163
Chandelier Exit (Long, 3 ATRs ) 44.5425
Chandelier Exit (Short, 3 ATRs ) 48.9375
Upper Bollinger Band 48.6541
Lower Bollinger Band 44.8299
Percent B (%b) 0.22
BandWidth 8.181507
MACD Line 0.2177
MACD Signal Line 0.5294
MACD Histogram -0.3117
Fundamentals Value
Market Cap 216.34 Million
Num Shares 4.74 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 18.79
Price-to-Sales 3.05
Price-to-Book 1.43
PEG Ratio 0.00
Dividend 1.04
Dividend Yield 2.28%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.95
Resistance 3 (R3) 47.77 46.83 47.57
Resistance 2 (R2) 46.83 46.25 46.92 47.44
Resistance 1 (R1) 46.25 45.89 45.78 46.43 47.31
Pivot Point 45.31 45.31 45.08 45.40 45.31
Support 1 (S1) 44.73 44.73 44.26 44.91 44.03
Support 2 (S2) 43.79 44.37 43.88 43.90
Support 3 (S3) 43.21 43.79 43.77
Support 4 (S4) 43.39