(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.
10 day averaged volume of Chipotle Mexican is 220690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 2869.11 | 2913.84 | 2913.84 | 2846.18 | 2.002 times |
| 18 Thu Apr 2024 | 2907.97 | 2904.61 | 2940.84 | 2897.67 | 0.968 times |
| 17 Wed Apr 2024 | 2902.96 | 2954.95 | 2954.95 | 2893.50 | 0.803 times |
| 16 Tue Apr 2024 | 2942.33 | 2932.85 | 2946.86 | 2920.39 | 0.727 times |
| 15 Mon Apr 2024 | 2936.63 | 2978.09 | 2982.90 | 2930.96 | 0.9 times |
| 12 Fri Apr 2024 | 2957.60 | 2991.73 | 2993.06 | 2941.47 | 1.158 times |
| 11 Thu Apr 2024 | 2990.69 | 2981.20 | 3001.04 | 2966.05 | 1.231 times |
| 10 Wed Apr 2024 | 2965.69 | 2913.00 | 2972.37 | 2901.23 | 1.287 times |
| 09 Tue Apr 2024 | 2926.96 | 2959.00 | 2965.10 | 2879.00 | 1.009 times |
| 08 Mon Apr 2024 | 2931.53 | 2904.09 | 2937.52 | 2904.09 | 0.991 times |
Stock of Chipotle Mexican (CMG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2883.4, but if it comes above 2883.4, then a intra day buy could be more profitable.
If you take a sell trade below 2883.4, then use 2883.4 as stoploss and 2843.1 as target. However if you take a buy trade in stock , then use 2883.4 as stoploss and 2916.93 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2199.81 |
| Downside Target | 2348.42 |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2846.18 |
| Upside Target | 2920.25 |
| Upside Target | 2982.90 |
| Upside Target | 2993.99 |
| Upside Target | 3001.04 |
| Upside Target | 3023.98 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 2815.89 |
| Downside Intraday Target | 2762.68 |
| Upside Intraday Target | 2952.61 |
| Upside Intraday Target | 3036.12 |
| Upside Intraday Target | 2899.4 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 2869.11 | 2978.09 | 2982.90 | 2846.18 | 0.952 times |
| 12 Fri Apr 2024 | 2957.60 | 2904.09 | 3001.04 | 2879.00 | 1.121 times |
| 05 Fri Apr 2024 | 2905.42 | 2919.17 | 2920.25 | 2850.00 | 0.938 times |
| 28 Thu Mar 2024 | 2906.77 | 2889.00 | 2993.99 | 2871.49 | 0.623 times |
| 22 Fri Mar 2024 | 2882.04 | 2768.07 | 3023.98 | 2753.60 | 1.842 times |
Price has moved down 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 |
| 19 Fri Apr 2024 | 2869.11 | 2919.17 | 3001.04 | 2846.18 | 0.699 times |
| 28 Thu Mar 2024 | 2906.77 | 2699.45 | 3023.98 | 2614.98 | 1.021 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 neutral. A longer time frame might give a better analysis.
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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Chipotle Mexican in short term and SELL signal is strong!
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 2930.09 and Chipotle Mexican (CMG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 neutral. A longer time frame might give a better analysis.
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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Chipotle Mexican in short term and SELL signal is strong!
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 2930.09 and Chipotle Mexican (CMG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.