(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 2024-05-31 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 229821
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 3129.52 | 3126.09 | 3129.52 | 3059.37 | 1.311 times |
| 30 Thu May 2024 | 3105.84 | 3080.73 | 3107.99 | 3055.27 | 0.935 times |
| 29 Wed May 2024 | 3072.85 | 3140.30 | 3140.47 | 3070.14 | 1.468 times |
| 28 Tue May 2024 | 3153.84 | 3160.00 | 3161.69 | 3130.00 | 1.033 times |
| 24 Fri May 2024 | 3151.63 | 3150.00 | 3165.09 | 3142.88 | 0.857 times |
| 23 Thu May 2024 | 3138.28 | 3160.00 | 3165.60 | 3130.44 | 0.924 times |
| 22 Wed May 2024 | 3153.38 | 3176.20 | 3182.04 | 3141.01 | 0.788 times |
| 21 Tue May 2024 | 3172.80 | 3190.00 | 3191.76 | 3167.50 | 0.879 times |
| 20 Mon May 2024 | 3176.39 | 3219.98 | 3242.66 | 3174.10 | 1.026 times |
| 17 Fri May 2024 | 3213.43 | 3145.23 | 3217.29 | 3145.23 | 1.244 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3128.7 as stoploss in an intra day buy trade for a target of 3167.89. However, stock will show a bearish move below 3128.7.
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 |
| Downside Target | 3118.33 |
| 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 | 3069.3 |
| Downside Intraday Target | 3009.07 |
| Upside Intraday Target | 3175.72 |
| Upside Intraday Target | 3221.91 |
| Downside Intraday Target | 3115.49 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 3129.52 | 3160.00 | 3161.69 | 3055.27 | 1.061 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 |
| 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 |
| 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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chipotle Mexican in short term but BUY 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
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 3144.44 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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chipotle Mexican in short term but BUY 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
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 3144.44 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.