(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 2024-05-01 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 328050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 3138.66 | 3153.00 | 3157.60 | 3120.00 | 0.721 times |
| 30 Tue Apr 2024 | 3159.60 | 3199.51 | 3213.90 | 3152.00 | 1.047 times |
| 29 Mon Apr 2024 | 3209.47 | 3216.35 | 3241.42 | 3170.75 | 0.75 times |
| 26 Fri Apr 2024 | 3186.97 | 3120.47 | 3199.99 | 3120.37 | 1.026 times |
| 25 Thu Apr 2024 | 3111.97 | 3012.00 | 3145.69 | 2952.23 | 2.099 times |
| 24 Wed Apr 2024 | 2926.76 | 2937.90 | 2959.99 | 2916.58 | 1.107 times |
| 23 Tue Apr 2024 | 2915.00 | 2922.06 | 2930.00 | 2892.14 | 0.64 times |
| 22 Mon Apr 2024 | 2884.25 | 2897.75 | 2912.00 | 2867.02 | 0.791 times |
| 19 Fri Apr 2024 | 2869.11 | 2913.84 | 2913.84 | 2846.18 | 1.347 times |
| 18 Thu Apr 2024 | 2907.97 | 2904.61 | 2940.84 | 2897.67 | 0.651 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3090.9, but if it comes below 3090.9, then a intra day sell could be more profitable.
If you take a sell trade below 3090.9, then use 3090.9 as stoploss and 2981.28 as target. However if you take a buy trade in stock , then use 3090.9 as stoploss and 3222.4 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2204.10 |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2846.18 |
| Downside Target | 2982.90 |
| Downside Target | 3023.98 |
| Downside Target | 3120.00 |
| Upside Target | 3157.60 |
| Upside Target | 3199.99 |
| Upside Target | 3241.42 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 3091.97 |
| Downside Intraday Target | 3045.27 |
| Upside Intraday Target | 3213.39 |
| Upside Intraday Target | 3288.11 |
| Upside Intraday Target | 3166.69 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 3138.66 | 3216.35 | 3241.42 | 3120.00 | 0.445 times |
| 26 Fri Apr 2024 | 3186.97 | 2897.75 | 3199.99 | 2867.02 | 1.559 times |
| 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 |
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 |
| 01 Wed May 2024 | 3138.66 | 3153.00 | 3157.60 | 3120.00 | 0.039 times |
| 30 Tue Apr 2024 | 3159.60 | 2919.17 | 3241.42 | 2846.18 | 1.18 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 coming down
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 and the buying is gaining 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 3038.07 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 coming down
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 and the buying is gaining 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 3038.07 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.