(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 2024-07-23 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 17818588
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 52.55 | 53.89 | 54.72 | 52.34 | 0.985 times |
| 22 Mon Jul 2024 | 53.56 | 53.47 | 54.03 | 52.98 | 0.778 times |
| 19 Fri Jul 2024 | 53.54 | 53.92 | 54.00 | 52.95 | 0.877 times |
| 18 Thu Jul 2024 | 53.38 | 53.48 | 54.55 | 52.63 | 1.63 times |
| 17 Wed Jul 2024 | 55.29 | 56.92 | 57.39 | 55.10 | 0.966 times |
| 16 Tue Jul 2024 | 57.74 | 56.76 | 57.92 | 56.23 | 0.808 times |
| 15 Mon Jul 2024 | 56.61 | 57.75 | 57.80 | 56.48 | 0.853 times |
| 12 Fri Jul 2024 | 57.67 | 57.76 | 58.67 | 57.43 | 0.788 times |
| 11 Thu Jul 2024 | 57.55 | 58.00 | 58.50 | 57.37 | 0.748 times |
| 10 Wed Jul 2024 | 58.30 | 57.43 | 58.63 | 56.82 | 1.139 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55, but if it comes above 55, then a intra day buy could be more profitable.
If you take a sell trade below 55, then use 55 as stoploss and 50.6 as target. However if you take a buy trade in stock , then use 55 as stoploss and 58.66 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 52.34 |
| Upside Target | 54.72 |
| Upside Target | 56.82 |
| Upside Target | 60.25 |
| Upside Target | 62.96 |
| Upside Target | 2614.98 |
| Upside Target | 2846.18 |
| Upside Target | 3023.98 |
| Upside Target | 3055.27 |
| Upside Target | 3241.42 |
| Upside Target | 3260.00 |
| Upside Target | 3463.07 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 51.69 |
| Downside Intraday Target | 50.82 |
| Upside Intraday Target | 54.07 |
| Upside Intraday Target | 55.58 |
| Upside Intraday Target | 53.2 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 52.55 | 53.47 | 54.72 | 52.34 | 0.344 times |
| 19 Fri Jul 2024 | 53.54 | 57.75 | 57.92 | 52.63 | 0.94 times |
| 12 Fri Jul 2024 | 57.67 | 62.46 | 62.66 | 56.82 | 3.818 times |
| 05 Fri Jul 2024 | 62.75 | 61.05 | 62.96 | 60.84 | 0.503 times |
| 03 Wed Jul 2024 | 61.58 | 62.69 | 62.81 | 60.25 | 0.644 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 |
| 23 Tue Jul 2024 | 52.55 | 62.69 | 62.96 | 52.34 | 3.486 times |
| 28 Fri Jun 2024 | 62.65 | 3138.88 | 3463.07 | 61.57 | 17.555 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 short 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Chipotle Mexican stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term but the buy 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Chipotle Mexican in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 55.44 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 short 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Chipotle Mexican stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Chipotle Mexican in short term but the buy 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Chipotle Mexican in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 55.44 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.