(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 2024-08-02 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 22845230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 52.57 | 52.33 | 52.85 | 51.15 | 0.661 times |
| 01 Thu Aug 2024 | 53.46 | 54.29 | 55.07 | 52.83 | 0.617 times |
| 31 Wed Jul 2024 | 54.32 | 53.50 | 54.51 | 52.80 | 1.008 times |
| 30 Tue Jul 2024 | 52.57 | 51.18 | 52.76 | 51.10 | 1.035 times |
| 29 Mon Jul 2024 | 50.97 | 49.91 | 51.29 | 49.59 | 0.702 times |
| 26 Fri Jul 2024 | 49.83 | 51.24 | 51.59 | 49.41 | 1.077 times |
| 25 Thu Jul 2024 | 50.82 | 50.51 | 51.60 | 49.53 | 1.784 times |
| 24 Wed Jul 2024 | 51.78 | 52.04 | 52.49 | 51.46 | 1.716 times |
| 23 Tue Jul 2024 | 52.55 | 53.89 | 54.72 | 52.34 | 0.769 times |
| 22 Mon Jul 2024 | 53.56 | 53.47 | 54.03 | 52.98 | 0.607 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 51.7 as stoploss in an intra day buy trade for a target of 54.48. However, stock will show a bearish move below 51.7.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 49.41 |
| Downside Target | 51.15 |
| Upside Target | 52.63 |
| Upside Target | 54.72 |
| Upside Target | 56.82 |
| Upside Target | 60.84 |
| Upside Target | 62.96 |
| Upside Target | 2846.18 |
| Upside Target | 3055.27 |
| Upside Target | 3241.42 |
| Upside Target | 3260.00 |
| Upside Target | 3463.07 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 49.75 |
| Downside Intraday Target | 46.93 |
| Upside Intraday Target | 55.23 |
| Upside Intraday Target | 57.89 |
| Downside Intraday Target | 52.41 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 52.57 | 49.91 | 55.07 | 49.59 | 0.676 times |
| 26 Fri Jul 2024 | 49.83 | 53.47 | 54.72 | 49.41 | 1.487 times |
| 19 Fri Jul 2024 | 53.54 | 57.75 | 57.92 | 52.63 | 0.94 times |
| 12 Fri Jul 2024 | 57.67 | 62.46 | 62.66 | 56.82 | 3.818 times |
| 05 Fri Jul 2024 | 62.75 | 61.05 | 62.96 | 60.84 | 0.503 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 |
| 02 Fri Aug 2024 | 52.57 | 54.29 | 55.07 | 51.15 | 0.063 times |
| 31 Wed Jul 2024 | 54.32 | 62.69 | 62.96 | 49.41 | 5.454 times |
| 28 Fri Jun 2024 | 62.65 | 3138.88 | 3463.07 | 61.57 | 17.555 times |
| 31 Fri May 2024 | 3129.52 | 3153.00 | 3260.00 | 3055.27 | 0.806 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 52 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 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 negative.
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 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 neutral. A longer time frame might give a better analysis.
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 52 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.