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Is CHMG poised for a breakout? Three Weeks Tight shows up after declining 1.96%

Chemung Financial Corp (CHMG) — SwingTradeBot Technical Analysis Report · Aug 7, 2026, 19:58 ET
CHMG posted a 1.96% loss on Friday, August 7th, accompanied by 1.1× normal trading volume. The session formed a Three Weeks Tight, often signaling a possible continuation. Key support levels exist at 80.61, 79.98 & 78.96, with resistance at 82.26, 83.28 & 83.91.

Current SwingTradeBot Technical Rating of CHMG: A

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Chemung Financial Corp (CHMG)