(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 2024-05-07 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 307230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 3193.68 | 3205.75 | 3211.76 | 3174.89 | 0.722 times |
| 06 Mon May 2024 | 3199.10 | 3159.54 | 3202.22 | 3159.54 | 0.649 times |
| 03 Fri May 2024 | 3155.38 | 3159.28 | 3176.40 | 3148.84 | 0.877 times |
| 02 Thu May 2024 | 3141.99 | 3154.51 | 3167.89 | 3118.33 | 0.583 times |
| 01 Wed May 2024 | 3138.66 | 3153.00 | 3157.60 | 3120.00 | 0.769 times |
| 30 Tue Apr 2024 | 3159.60 | 3199.51 | 3213.90 | 3152.00 | 1.118 times |
| 29 Mon Apr 2024 | 3209.47 | 3216.35 | 3241.42 | 3170.75 | 0.801 times |
| 26 Fri Apr 2024 | 3186.97 | 3120.47 | 3199.99 | 3120.37 | 1.095 times |
| 25 Thu Apr 2024 | 3111.97 | 3012.00 | 3145.69 | 2952.23 | 2.241 times |
| 24 Wed Apr 2024 | 2926.76 | 2937.90 | 2959.99 | 2916.58 | 1.183 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3158.2, but if it comes below 3158.2, then a intra day sell could be more profitable.
If you take a sell trade below 3158.2, then use 3158.2 as stoploss and 3034.79 as target. However if you take a buy trade in stock , then use 3158.2 as stoploss and 3306.3 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 | 3118.33 |
| Downside Target | 3159.54 |
| Upside Target | 3199.99 |
| Upside Target | 3211.76 |
| Upside Target | 3241.42 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 3164.89 |
| Downside Intraday Target | 3136.11 |
| Upside Intraday Target | 3217.11 |
| Upside Intraday Target | 3240.55 |
| Downside Intraday Target | 3188.33 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 3193.68 | 3159.54 | 3211.76 | 3159.54 | 0.33 times |
| 03 Fri May 2024 | 3155.38 | 3216.35 | 3241.42 | 3118.33 | 0.686 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 |
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 |
| 07 Tue May 2024 | 3193.68 | 3153.00 | 3211.76 | 3118.33 | 0.184 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 3130.51 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 3130.51 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.