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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Chemung Financial Corp (NASDAQ:CHMG)

Bull Market Weakness (+75) - CHMG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHMG as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHMG?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHMG.

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NASDAQ_CHMG
Open High Low CHMG Price Change
43.60 45.45 43.61 44.71 +1.21
Entry Signal

MarketClub’s Trade Triangles for CHMG

long term down The long-term trend has been DOWN since Mar 13th, 2024 at 42.01

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 42.80

short term up The short-term trend has been UP since Apr 19th, 2024 at 40.20

Smart Scan Analysis for CHMG

Based on our trend formula, CHMG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHMG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.60 45.45 43.61 44.71 +1.21
Prev. Close Volume Bid Ask Time
44.69 19319 2024-04-22 15:59:24
Year High53.99Year High Date2018-06-11
Year Low39.01Year Low Date2018-09-14
52wk High51.3652wk High Date2023-12-15
52wk Low33.7252wk Low Date2023-05-26
Year End Close29.89Average Volume5,794
Shares Outstanding4,751Short Interest299
% Institutional14.5Market Cap219M
Assets271,052,900MLiabilities251,528,800M
P/E Ratio8.2386Beta0.2
Volatility30.11
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