(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 2024-06-05 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 262830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 3147.98 | 3094.00 | 3161.07 | 3081.96 | 0.893 times |
| 04 Tue Jun 2024 | 3079.04 | 3112.83 | 3112.83 | 3063.31 | 1.569 times |
| 03 Mon Jun 2024 | 3076.47 | 3138.88 | 3151.95 | 3029.64 | 1.265 times |
| 31 Fri May 2024 | 3129.52 | 3126.09 | 3129.52 | 3059.37 | 1.147 times |
| 30 Thu May 2024 | 3105.84 | 3080.73 | 3107.99 | 3055.27 | 0.818 times |
| 29 Wed May 2024 | 3072.85 | 3140.30 | 3140.47 | 3070.14 | 1.284 times |
| 28 Tue May 2024 | 3153.84 | 3160.00 | 3161.69 | 3130.00 | 0.904 times |
| 24 Fri May 2024 | 3151.63 | 3150.00 | 3165.09 | 3142.88 | 0.75 times |
| 23 Thu May 2024 | 3138.28 | 3160.00 | 3165.60 | 3130.44 | 0.808 times |
| 22 Wed May 2024 | 3153.38 | 3176.20 | 3182.04 | 3141.01 | 0.689 times |
My analysis of stock is bearish for shortterm, and stock might move down till 3109.5 or till 3054.1. Use a stoploss of 3155.66 and if the stock hits stoploss, then it can shoot up till 3201.82
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2846.18 |
| Downside Target | 3023.98 |
| Downside Target | 3130.44 |
| Upside Target | 3161.07 |
| Upside Target | 3161.69 |
| Upside Target | 3239.22 |
| Upside Target | 3241.42 |
| Upside Target | 3242.66 |
| Upside Target | 3260.00 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 3064.72 |
| Downside Intraday Target | 2981.47 |
| Upside Intraday Target | 3196.15 |
| Upside Intraday Target | 3244.33 |
| Downside Intraday Target | 3112.9 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 3147.98 | 3138.88 | 3161.07 | 3029.64 | 0.898 times |
| 31 Fri May 2024 | 3129.52 | 3160.00 | 3161.69 | 3055.27 | 1.061 times |
| 24 Fri May 2024 | 3151.63 | 3219.98 | 3242.66 | 3130.44 | 1.027 times |
| 17 Fri May 2024 | 3213.43 | 3239.00 | 3239.22 | 3138.49 | 0.965 times |
| 10 Fri May 2024 | 3239.23 | 3159.54 | 3260.00 | 3159.54 | 0.814 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 |
| 05 Wed Jun 2024 | 3147.98 | 3138.88 | 3161.07 | 3029.64 | 0.202 times |
| 31 Fri May 2024 | 3129.52 | 3153.00 | 3260.00 | 3055.27 | 0.806 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 |
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 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 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 losing momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls 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 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 positive zone. This is a BUY 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 3113.74 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls 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 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 positive zone. This is a BUY 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 3113.74 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 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.