(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 2024-06-06 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 266120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 3211.66 | 3172.50 | 3220.89 | 3153.09 | 0.96 times |
| 05 Wed Jun 2024 | 3147.98 | 3094.00 | 3161.07 | 3081.96 | 0.882 times |
| 04 Tue Jun 2024 | 3079.04 | 3112.83 | 3112.83 | 3063.31 | 1.549 times |
| 03 Mon Jun 2024 | 3076.47 | 3138.88 | 3151.95 | 3029.64 | 1.249 times |
| 31 Fri May 2024 | 3129.52 | 3126.09 | 3129.52 | 3059.37 | 1.133 times |
| 30 Thu May 2024 | 3105.84 | 3080.73 | 3107.99 | 3055.27 | 0.808 times |
| 29 Wed May 2024 | 3072.85 | 3140.30 | 3140.47 | 3070.14 | 1.268 times |
| 28 Tue May 2024 | 3153.84 | 3160.00 | 3161.69 | 3130.00 | 0.892 times |
| 24 Fri May 2024 | 3151.63 | 3150.00 | 3165.09 | 3142.88 | 0.74 times |
| 23 Thu May 2024 | 3138.28 | 3160.00 | 3165.60 | 3130.44 | 0.798 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3204.5, but if it comes below 3204.5, then a intra day sell could be more profitable.
If you take a sell trade below 3204.5, then use 3204.5 as stoploss and 3157.08 as target. However if you take a buy trade in stock , then use 3204.5 as stoploss and 3261.4 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 2411.81 |
| Downside Target | 2614.98 |
| Downside Target | 2725.83 |
| Downside Target | 2846.18 |
| Downside Target | 3023.98 |
| Downside Target | 3130.44 |
| Upside Target | 3220.89 |
| 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 | 3087.24 |
| Downside Intraday Target | 2962.81 |
| Upside Intraday Target | 3278.49 |
| Upside Intraday Target | 3345.31 |
| Downside Intraday Target | 3154.06 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 3211.66 | 3138.88 | 3220.89 | 3029.64 | 1.132 times |
| 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 |
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 |
| 06 Thu Jun 2024 | 3211.66 | 3138.88 | 3220.89 | 3029.64 | 0.255 times |
| 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 3120.26 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a SELL signal for Chipotle Mexican in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 3120.26 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.