(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 2024-08-13 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 14891820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 51.68 | 50.79 | 52.11 | 48.00 | 7.319 times |
| 12 Mon Aug 2024 | 55.87 | 55.60 | 56.34 | 55.08 | 0.677 times |
| 09 Fri Aug 2024 | 55.55 | 54.90 | 56.14 | 54.53 | 0.777 times |
| 08 Thu Aug 2024 | 54.32 | 54.00 | 54.89 | 53.74 | 0.625 times |
| 07 Wed Aug 2024 | 53.63 | 54.50 | 55.30 | 53.41 | 0.755 times |
| 06 Tue Aug 2024 | 54.08 | 52.93 | 55.11 | 52.66 | 1.102 times |
| 05 Mon Aug 2024 | 52.18 | 48.25 | 52.74 | 47.98 | 0.97 times |
| 02 Fri Aug 2024 | 52.57 | 52.33 | 52.85 | 51.15 | 1.014 times |
| 01 Thu Aug 2024 | 53.46 | 54.29 | 55.07 | 52.83 | 0.947 times |
| 31 Wed Jul 2024 | 54.32 | 53.50 | 54.51 | 52.80 | 1.546 times |
Stock of Chipotle Mexican (CMG) has showed a significant fall. This could be a good time to exit from this stock.
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 51.5 as stoploss in an intra day buy trade for a target of 53.1. However, stock will show a bearish move below 51.5.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Upside Target | 52.63 |
| Upside Target | 54.72 |
| Upside Target | 57.92 |
| Upside Target | 61.57 |
| 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 | 47.67 |
| Downside Intraday Target | 43.67 |
| Upside Intraday Target | 56.01 |
| Upside Intraday Target | 60.35 |
| Upside Intraday Target | 52.01 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 51.68 | 55.60 | 56.34 | 48.00 | 1.891 times |
| 09 Fri Aug 2024 | 55.55 | 48.25 | 56.14 | 47.98 | 0.685 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Chipotle Mexican (CMG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 51.68 | 54.29 | 56.34 | 47.98 | 0.456 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 tired and bears are picking up momentum.
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 52.87 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 tired and bears are picking up momentum.
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 52.87 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.