(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 2024-04-12 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 240680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 2957.60 | 2991.73 | 2993.06 | 2941.47 | 1.062 times |
| 11 Thu Apr 2024 | 2990.69 | 2981.20 | 3001.04 | 2966.05 | 1.128 times |
| 10 Wed Apr 2024 | 2965.69 | 2913.00 | 2972.37 | 2901.23 | 1.18 times |
| 09 Tue Apr 2024 | 2926.96 | 2959.00 | 2965.10 | 2879.00 | 0.925 times |
| 08 Mon Apr 2024 | 2931.53 | 2904.09 | 2937.52 | 2904.09 | 0.909 times |
| 05 Fri Apr 2024 | 2905.42 | 2878.30 | 2905.73 | 2874.05 | 0.848 times |
| 04 Thu Apr 2024 | 2856.03 | 2909.69 | 2920.25 | 2853.62 | 0.966 times |
| 03 Wed Apr 2024 | 2895.58 | 2895.04 | 2907.02 | 2873.13 | 0.9 times |
| 02 Tue Apr 2024 | 2901.94 | 2873.95 | 2904.82 | 2850.00 | 0.935 times |
| 01 Mon Apr 2024 | 2877.00 | 2919.17 | 2919.89 | 2863.46 | 0.992 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2954.9, but if it comes below 2954.9, then a intra day sell could be more profitable.
If you take a sell trade below 2954.9, then use 2954.9 as stoploss and 2895.36 as target. However if you take a buy trade in stock , then use 2954.9 as stoploss and 3026.3 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2199.81 |
| Downside Target | 2348.42 |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2850.00 |
| Downside Target | 2879.00 |
| Downside Target | 2920.25 |
| Upside Target | 2993.99 |
| Upside Target | 3001.04 |
| Upside Target | 3023.98 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 2890.72 |
| Downside Intraday Target | 2823.84 |
| Upside Intraday Target | 3012.76 |
| Upside Intraday Target | 3067.92 |
| Downside Intraday Target | 2945.88 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 2957.60 | 2904.09 | 3001.04 | 2879.00 | 1.121 times |
| 05 Fri Apr 2024 | 2905.42 | 2919.17 | 2920.25 | 2850.00 | 0.938 times |
| 28 Thu Mar 2024 | 2906.77 | 2889.00 | 2993.99 | 2871.49 | 0.623 times |
| 22 Fri Mar 2024 | 2882.04 | 2768.07 | 3023.98 | 2753.60 | 1.842 times |
| 15 Fri Mar 2024 | 2756.39 | 2670.00 | 2775.66 | 2614.98 | 1.31 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 |
| 12 Fri Apr 2024 | 2957.60 | 2919.17 | 3001.04 | 2850.00 | 0.465 times |
| 28 Thu Mar 2024 | 2906.77 | 2699.45 | 3023.98 | 2614.98 | 1.021 times |
| 29 Thu Feb 2024 | 2688.77 | 2414.00 | 2725.83 | 2411.81 | 1.168 times |
| 31 Wed Jan 2024 | 2408.77 | 2278.45 | 2439.63 | 2204.10 | 1.19 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
Chipotle Mexican Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 2923.54 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.
Chipotle Mexican Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 2923.54 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.