Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-25 View latest technical analysis

10 day averaged volume of Chipotle Mexican is 18947798

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	50.82	50.51	51.60	49.53	2.151 times
24 Wed Jul 2024	51.78	52.04	52.49	51.46	2.069 times
23 Tue Jul 2024	52.55	53.89	54.72	52.34	0.927 times
22 Mon Jul 2024	53.56	53.47	54.03	52.98	0.732 times
19 Fri Jul 2024	53.54	53.92	54.00	52.95	0.825 times
18 Thu Jul 2024	53.38	53.48	54.55	52.63	1.532 times
17 Wed Jul 2024	55.29	56.92	57.39	55.10	0.908 times
16 Tue Jul 2024	57.74	56.76	57.92	56.23	0.76 times
15 Mon Jul 2024	56.61	57.75	57.80	56.48	0.802 times
12 Fri Jul 2024	57.67	57.76	58.67	57.43	0.741 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.6, but if it comes above 53.6, then a intra day buy could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 49.1 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 57.38 as target.

Share price targets for Chipotle Mexican (CMG)

Target Type	Value
Downside Target	49.53
Upside Target	52.63
Upside Target	54.72
Upside Target	56.82
Upside Target	60.25
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	48.66
Downside Intraday Target	46.5
Upside Intraday Target	53.85
Upside Intraday Target	56.88
Upside Intraday Target	51.69

Weekly technical analysis of Chipotle Mexican (CMG)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	50.82	53.47	54.72	49.53	1.218 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
25 Thu Jul 2024	50.82	62.69	62.96	49.53	4.427 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Chipotle Mexican stock for short term is SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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

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 53.51 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.