(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 2024-04-02 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 333870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 2901.94 | 2873.95 | 2904.82 | 2850.00 | 0.674 times |
| 01 Mon Apr 2024 | 2877.00 | 2919.17 | 2919.89 | 2863.46 | 0.715 times |
| 28 Thu Mar 2024 | 2906.77 | 2945.00 | 2945.00 | 2903.01 | 0.877 times |
| 27 Wed Mar 2024 | 2923.46 | 2976.00 | 2993.99 | 2902.88 | 0.846 times |
| 26 Tue Mar 2024 | 2955.53 | 2923.42 | 2979.45 | 2915.00 | 0.996 times |
| 25 Mon Mar 2024 | 2903.44 | 2889.00 | 2913.81 | 2871.49 | 0.847 times |
| 22 Fri Mar 2024 | 2882.04 | 2922.24 | 2922.24 | 2882.01 | 0.672 times |
| 21 Thu Mar 2024 | 2904.98 | 2952.80 | 2952.80 | 2892.00 | 0.956 times |
| 20 Wed Mar 2024 | 2895.00 | 2935.72 | 3023.98 | 2880.30 | 3.005 times |
| 19 Tue Mar 2024 | 2797.56 | 2780.00 | 2798.34 | 2753.60 | 0.52 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2901.8, but if it comes below 2901.8, then a intra day sell could be more profitable.
If you take a sell trade below 2901.8, then use 2901.8 as stoploss and 2805.45 as target. However if you take a buy trade in stock , then use 2901.8 as stoploss and 3017.3 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 | 2671.43 |
| Downside Target | 2725.83 |
| Downside Target | 2850.00 |
| Downside Target | 2871.49 |
| Upside Target | 2919.89 |
| Upside Target | 2993.99 |
| Upside Target | 3023.98 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 2861.33 |
| Downside Intraday Target | 2820.72 |
| Upside Intraday Target | 2931.22 |
| Upside Intraday Target | 2960.5 |
| Downside Intraday Target | 2890.61 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 2901.94 | 2919.17 | 2919.89 | 2850.00 | 0.39 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 |
| 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 |
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 |
| 02 Tue Apr 2024 | 2901.94 | 2919.17 | 2919.89 | 2850.00 | 0.091 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chipotle Mexican is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2899.34 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Chipotle Mexican is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2899.34 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.