CHEMUNG FINANCIAL CORP (CHMG)
US1640241014 - Common Stock
Taking everything into account, CHMG scores 4 out of 10 in our technical rating. In the past year, CHMG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CHMG is a bad performer in the overall market: 62% of all stocks are doing better.
Warning: CHMG has an average volume of 6753 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CHMG is an average performer in the Banks industry, it outperforms 44% of 411 stocks in the same industry.
CHMG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHMG is lagging the market slightly.
In the last month CHMG has a been trading in the 39.00 - 45.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CHMG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.25
50.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.33 to 41.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.40 to 39.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.64 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 44.44 to 44.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @48.89 from a trend line in the weekly time frame.
- Resistance @50.01 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.25
Mansfield-0.58
10 Day High45.45
10 Day Low39
20 Day High45.45
20 Day Low39
52 Week High51.36
52 Week Low33.72
Performance
1 Week10.29%
2 Weeks9.05%
1 Month3.4%
3 Month-12.21%
6 Month9.77%
12 Month8.34%
2 Year-8.38%
3 Year2.35%
5 Year-8.19%
10 Year52.15%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.53
RSI(14)60.54
LBB37.39
UBB45.21
CHEMUNG FINANCIAL CORP
NASDAQ:CHMG (4/25/2024, 3:20:03 PM)
After market: 43.5 0 (0%)43.5
-0.3 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.68%
1 Week10.29%
2 Weeks9.05%
1 Month3.4%
3 Month-12.21%
6 Month9.77%
12 Month8.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.22
ATR(20)%2.47%
ATR Inc
Range Today0.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.45
10 Day Low39
20 Day High45.45
20 Day Low39
52 Week High51.36
52 Week Low33.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.38K
Volume Incr149.74%
Vol(5)14.34K
Vol(50)6.75K