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 2024-10-23 View latest technical analysis

10 day averaged volume of Chipotle Mexican is 6697140

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	59.02	59.56	59.58	58.42	1.422 times
22 Tue Oct 2024	59.88	59.69	60.10	59.25	1.102 times
21 Mon Oct 2024	59.70	59.74	59.85	59.21	0.959 times
18 Fri Oct 2024	59.39	59.30	59.50	58.75	0.876 times
17 Thu Oct 2024	58.86	59.24	59.39	58.52	0.945 times
16 Wed Oct 2024	59.12	59.91	60.08	58.85	0.876 times
15 Tue Oct 2024	59.81	59.69	60.09	58.91	1.215 times
14 Mon Oct 2024	59.28	59.28	59.60	58.69	0.894 times
11 Fri Oct 2024	58.65	58.50	59.48	58.49	1.089 times
10 Thu Oct 2024	58.33	57.81	58.36	57.02	0.77 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 59.3 as stoploss in an intra day sell trade for a target of 58.32. However, stock will show a bullish move above 59.3.

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
Upside Target	59.48
Upside Target	60.09
Upside Target	60.10
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	58.26
Downside Intraday Target	57.5
Upside Intraday Target	59.94
Upside Intraday Target	60.86
Upside Intraday Target	59.18

Weekly technical analysis of Chipotle Mexican (CMG)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	59.02	59.74	60.10	58.42	0.725 times
18 Fri Oct 2024	59.39	59.28	60.09	58.52	0.855 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

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 Wed Oct 2024	59.02	57.76	60.10	55.94	0.589 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 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 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 SELL. Signal strength is Weak 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 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 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 59.23 and Chipotle Mexican (CMG) stock is trading below this level. This means that stock is falling with high volumes. 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.