(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 2024-05-29 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 209857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 3072.85 | 3140.30 | 3140.47 | 3070.14 | 1.608 times |
| 28 Tue May 2024 | 3153.84 | 3160.00 | 3161.69 | 3130.00 | 1.132 times |
| 24 Fri May 2024 | 3151.63 | 3150.00 | 3165.09 | 3142.88 | 0.939 times |
| 23 Thu May 2024 | 3138.28 | 3160.00 | 3165.60 | 3130.44 | 1.012 times |
| 22 Wed May 2024 | 3153.38 | 3176.20 | 3182.04 | 3141.01 | 0.863 times |
| 21 Tue May 2024 | 3172.80 | 3190.00 | 3191.76 | 3167.50 | 0.962 times |
| 20 Mon May 2024 | 3176.39 | 3219.98 | 3242.66 | 3174.10 | 1.124 times |
| 17 Fri May 2024 | 3213.43 | 3145.23 | 3217.29 | 3145.23 | 1.362 times |
| 16 Thu May 2024 | 3145.88 | 3173.31 | 3181.18 | 3138.49 | 0.926 times |
| 15 Wed May 2024 | 3168.30 | 3170.72 | 3190.42 | 3160.76 | 0.942 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3089.6, for a target of 3133.5 or 3170.16
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2204.10 |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2846.18 |
| Downside Target | 3023.98 |
| Upside Target | 3161.69 |
| Upside Target | 3239.22 |
| Upside Target | 3241.42 |
| Upside Target | 3242.66 |
| Upside Target | 3260.00 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 3041.43 |
| Downside Intraday Target | 3010.01 |
| Upside Intraday Target | 3132.98 |
| Upside Intraday Target | 3193.11 |
| Upside Intraday Target | 3101.56 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 3072.85 | 3160.00 | 3161.69 | 3070.14 | 0.559 times |
| 24 Fri May 2024 | 3151.63 | 3219.98 | 3242.66 | 3130.44 | 1.027 times |
| 17 Fri May 2024 | 3213.43 | 3239.00 | 3239.22 | 3138.49 | 0.965 times |
| 10 Fri May 2024 | 3239.23 | 3159.54 | 3260.00 | 3159.54 | 0.814 times |
| 03 Fri May 2024 | 3155.38 | 3216.35 | 3241.42 | 3118.33 | 0.686 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 |
| 29 Wed May 2024 | 3072.85 | 3153.00 | 3260.00 | 3070.14 | 0.72 times |
| 30 Tue Apr 2024 | 3159.60 | 2919.17 | 3241.42 | 2846.18 | 1.18 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 3152.24 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 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 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 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 Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 3152.24 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.