Alert: Major Price Advance (1/29/25)-Chemung Financial Corp (NASDAQ: CHMG).

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On 1/29/25, Chemung Financial Corp (NASDAQ: CHMG) stock enjoyed a major increase of 14.6%, closing at $53.98. However, this advance was accompanied by below average trading volume at 77% of normal. The stock has risen 14.8% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Chemung Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Chemung Financial has a good Appreciation Score of 74 and a good Power Rating of 75, resulting in the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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