(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 2024-10-15 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 7282590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 59.81 | 59.69 | 60.09 | 58.91 | 1.117 times |
| 14 Mon Oct 2024 | 59.28 | 59.28 | 59.60 | 58.69 | 0.822 times |
| 11 Fri Oct 2024 | 58.65 | 58.50 | 59.48 | 58.49 | 1.001 times |
| 10 Thu Oct 2024 | 58.33 | 57.81 | 58.36 | 57.02 | 0.708 times |
| 09 Wed Oct 2024 | 57.93 | 58.09 | 58.40 | 57.54 | 1.173 times |
| 08 Tue Oct 2024 | 57.98 | 57.26 | 58.35 | 57.15 | 1.25 times |
| 07 Mon Oct 2024 | 56.73 | 57.14 | 57.47 | 56.43 | 1.037 times |
| 04 Fri Oct 2024 | 57.11 | 57.00 | 57.25 | 56.44 | 0.831 times |
| 03 Thu Oct 2024 | 56.70 | 57.50 | 57.56 | 56.23 | 0.962 times |
| 02 Wed Oct 2024 | 57.68 | 56.75 | 57.81 | 55.94 | 1.019 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.6, for a target of 58.6 or 57.86
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Downside Target | 52.65 |
| Downside Target | 55.94 |
| Downside Target | 59.00 |
| Downside Target | 59.48 |
| Upside Target | 60.09 |
| Upside Target | 61.57 |
| Upside Target | 62.96 |
| Upside Target | 3463.07 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 58.97 |
| Downside Intraday Target | 58.13 |
| Upside Intraday Target | 60.37 |
| Upside Intraday Target | 60.93 |
| Downside Intraday Target | 59.53 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 59.81 | 59.28 | 60.09 | 58.69 | 0.375 times |
| 11 Fri Oct 2024 | 58.65 | 57.14 | 59.48 | 56.43 | 0.952 times |
| 04 Fri Oct 2024 | 57.11 | 57.24 | 58.11 | 55.94 | 0.859 times |
| 27 Fri Sep 2024 | 57.34 | 57.45 | 59.00 | 56.89 | 0.826 times |
| 20 Fri Sep 2024 | 57.23 | 56.59 | 58.77 | 56.40 | 1.169 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 |
| 15 Tue Oct 2024 | 59.81 | 57.76 | 60.09 | 55.94 | 0.389 times |
| 30 Mon Sep 2024 | 57.62 | 55.99 | 59.00 | 52.65 | 0.477 times |
| 30 Fri Aug 2024 | 56.08 | 54.29 | 56.98 | 47.98 | 0.939 times |
| 31 Wed Jul 2024 | 54.32 | 62.69 | 62.96 | 49.41 | 5.454 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 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 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 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 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 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 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 58.02 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 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 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 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 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 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 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 58.02 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.