(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 2024-06-20 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 385920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 3214.42 | 3445.58 | 3445.58 | 3188.00 | 2.201 times |
| 18 Tue Jun 2024 | 3427.61 | 3435.00 | 3463.07 | 3370.00 | 1.8 times |
| 18 Tue Jun 2024 | 3427.61 | 3435.00 | 3463.07 | 3370.00 | 1.8 times |
| 17 Mon Jun 2024 | 3365.46 | 3326.62 | 3384.04 | 3295.00 | 1.098 times |
| 14 Fri Jun 2024 | 3271.71 | 3269.99 | 3275.30 | 3237.29 | 0.724 times |
| 13 Thu Jun 2024 | 3265.26 | 3188.28 | 3293.53 | 3188.28 | 1.256 times |
| 12 Wed Jun 2024 | 3170.76 | 3137.51 | 3192.69 | 3124.01 | 0.881 times |
| 11 Tue Jun 2024 | 3130.20 | 3116.28 | 3133.33 | 3081.79 | 0.504 times |
| 10 Mon Jun 2024 | 3129.88 | 3169.01 | 3176.31 | 3121.00 | 0.537 times |
| 07 Fri Jun 2024 | 3169.02 | 3226.67 | 3239.99 | 3163.45 | 0.738 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 bullish for shortterm, and stock might move up till 3297.3 or till 3423.7. Use a stoploss of 3191.95 and if this stock hits its stoploss, then it can fall down till 3086.61
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 | 3161.69 |
| Upside Target | 3241.42 |
| Upside Target | 3260.00 |
| Upside Target | 3293.53 |
| Upside Target | 3295.00 |
| Upside Target | 3463.07 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 3113.92 |
| Downside Intraday Target | 3013.43 |
| Upside Intraday Target | 3388.99 |
| Upside Intraday Target | 3563.57 |
| Upside Intraday Target | 3288.5 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 3214.42 | 3435.00 | 3463.07 | 3188.00 | 1.38 times |
| 18 Tue Jun 2024 | 3427.61 | 3326.62 | 3463.07 | 3295.00 | 0.743 times |
| 14 Fri Jun 2024 | 3271.71 | 3169.01 | 3293.53 | 3081.79 | 0.991 times |
| 07 Fri Jun 2024 | 3169.02 | 3138.88 | 3239.99 | 3029.64 | 1.393 times |
| 31 Fri May 2024 | 3129.52 | 3160.00 | 3161.69 | 3055.27 | 1.061 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 |
| 20 Thu Jun 2024 | 3214.42 | 3138.88 | 3463.07 | 3029.64 | 1.174 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term and the buy signal is strong.
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 in or below 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 SELL signal in short term and selling is picking up 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 3290.59 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term and the buy signal is strong.
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 in or below 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 SELL signal in short term and selling is picking up 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 3290.59 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 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.