(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 2024-03-21 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 264650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 2904.98 | 2952.80 | 2952.80 | 2892.00 | 1.206 times |
| 20 Wed Mar 2024 | 2895.00 | 2935.72 | 3023.98 | 2880.30 | 3.791 times |
| 19 Tue Mar 2024 | 2797.56 | 2780.00 | 2798.34 | 2753.60 | 0.656 times |
| 18 Mon Mar 2024 | 2773.53 | 2768.07 | 2813.99 | 2764.01 | 0.716 times |
| 15 Fri Mar 2024 | 2756.39 | 2727.63 | 2758.40 | 2717.99 | 0.894 times |
| 14 Thu Mar 2024 | 2748.52 | 2766.56 | 2775.66 | 2725.00 | 0.798 times |
| 13 Wed Mar 2024 | 2722.69 | 2720.67 | 2738.13 | 2702.06 | 0.717 times |
| 12 Tue Mar 2024 | 2719.82 | 2677.46 | 2727.62 | 2669.88 | 0.757 times |
| 11 Mon Mar 2024 | 2662.59 | 2670.00 | 2683.21 | 2614.98 | 0.752 times |
| 08 Fri Mar 2024 | 2686.12 | 2681.54 | 2704.54 | 2675.36 | 0.45 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2880.1, for a target of 2795 or 2724.04
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 | 2614.98 |
| Downside Target | 2704.99 |
| Downside Target | 2725.83 |
| Downside Target | 2733.74 |
| Downside Target | 2753.60 |
| Downside Target | 2775.66 |
| Upside Target | 3023.98 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 2764.39 |
| Downside Intraday Target | 2623.81 |
| Upside Intraday Target | 3034.77 |
| Upside Intraday Target | 3164.57 |
| Downside Intraday Target | 2894.19 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 2904.98 | 2768.07 | 3023.98 | 2753.60 | 1.626 times |
| 15 Fri Mar 2024 | 2756.39 | 2670.00 | 2775.66 | 2614.98 | 1.31 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Chipotle Mexican (CMG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 2904.98 | 2699.45 | 3023.98 | 2614.98 | 0.737 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 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 short 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chipotle Mexican Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Chipotle Mexican in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 2810.75 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 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 short 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chipotle Mexican Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Chipotle Mexican in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 2810.75 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.