(CMG) Chipotle Mexican complete technical analysis [charts+indicators] | Buy/Sell Chipotle Mexican | (CMG) share price targets
Complete technical analysis of Chipotle Mexican (CMG) by charts plus indicators, forecast predictions and share price targets for Chipotle Mexican (CMG)
Chipotle Mexican trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-03-12 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 161190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 2719.82 | 2677.46 | 2727.62 | 2669.88 | 1.243 times |
| 11 Mon Mar 2024 | 2662.59 | 2670.00 | 2683.21 | 2614.98 | 1.235 times |
| 08 Fri Mar 2024 | 2686.12 | 2681.54 | 2704.54 | 2675.36 | 0.739 times |
| 07 Thu Mar 2024 | 2690.22 | 2710.00 | 2712.45 | 2678.01 | 0.771 times |
| 06 Wed Mar 2024 | 2690.14 | 2724.28 | 2725.70 | 2671.43 | 0.974 times |
| 05 Tue Mar 2024 | 2711.33 | 2712.91 | 2733.74 | 2693.82 | 1.159 times |
| 04 Mon Mar 2024 | 2720.30 | 2688.80 | 2731.89 | 2679.40 | 1.268 times |
| 01 Fri Mar 2024 | 2688.78 | 2699.45 | 2704.99 | 2679.95 | 1.025 times |
| 29 Thu Feb 2024 | 2688.77 | 2681.00 | 2703.49 | 2673.49 | 1.225 times |
| 28 Wed Feb 2024 | 2671.72 | 2634.11 | 2672.97 | 2634.11 | 0.802 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2699.7, but if it comes below 2699.7, then a intra day sell could be more profitable.
If you take a sell trade below 2699.7, then use 2699.7 as stoploss and 2654.75 as target. However if you take a buy trade in stock , then use 2699.7 as stoploss and 2753.7 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 1941.52 |
| Downside Target | 2199.81 |
| Downside Target | 2348.42 |
| Downside Target | 2411.81 |
| Downside Target | 2557.64 |
| Downside Target | 2657.73 |
| Downside Target | 2671.43 |
| Downside Target | 2704.99 |
| Upside Target | 2725.83 |
| Upside Target | 2727.62 |
| Upside Target | 2733.74 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 2647.33 |
| Downside Intraday Target | 2574.83 |
| Upside Intraday Target | 2759.97 |
| Upside Intraday Target | 2800.11 |
| Downside Intraday Target | 2687.47 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 2719.82 | 2670.00 | 2727.62 | 2614.98 | 0.505 times |
| 08 Fri Mar 2024 | 2686.12 | 2688.80 | 2733.74 | 2671.43 | 1.051 times |
| 01 Fri Mar 2024 | 2688.78 | 2665.00 | 2704.99 | 2625.06 | 1.065 times |
| 23 Fri Feb 2024 | 2646.72 | 2595.49 | 2657.73 | 2557.64 | 0.803 times |
| 16 Fri Feb 2024 | 2598.43 | 2632.26 | 2642.31 | 2586.06 | 0.378 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Chipotle Mexican (CMG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 2719.82 | 2699.45 | 2733.74 | 2614.98 | 0.272 times |
| 29 Thu Feb 2024 | 2688.77 | 2414.00 | 2725.83 | 2411.81 | 1.168 times |
| 31 Wed Jan 2024 | 2408.77 | 2278.45 | 2439.63 | 2204.10 | 1.19 times |
| 29 Fri Dec 2023 | 2286.96 | 2199.81 | 2348.42 | 2199.81 | 0.808 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Chipotle Mexican (CMG)
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Chipotle Mexican stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
Chipotle Mexican Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chipotle Mexican in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chipotle Mexican is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2694.44 and Chipotle Mexican (CMG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Chipotle Mexican (CMG) stock. Volume based technical analysis of Chipotle Mexican (CMG) stock is negative.
Chipotle Mexican Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Chipotle Mexican stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
Chipotle Mexican Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chipotle Mexican in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chipotle Mexican is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2694.44 and Chipotle Mexican (CMG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Chipotle Mexican (CMG) stock. Volume based technical analysis of Chipotle Mexican (CMG) stock is negative.
Chipotle Mexican Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.