(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 2024-08-20 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 26670230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 51.94 | 52.65 | 52.92 | 51.80 | 0.484 times |
| 19 Mon Aug 2024 | 52.64 | 52.58 | 52.95 | 51.83 | 0.621 times |
| 16 Fri Aug 2024 | 52.47 | 53.59 | 53.70 | 52.05 | 0.799 times |
| 15 Thu Aug 2024 | 53.97 | 51.79 | 54.32 | 51.58 | 1.081 times |
| 14 Wed Aug 2024 | 51.65 | 52.02 | 52.53 | 51.08 | 1.216 times |
| 13 Tue Aug 2024 | 51.68 | 50.79 | 52.11 | 48.00 | 4.087 times |
| 12 Mon Aug 2024 | 55.87 | 55.60 | 56.34 | 55.08 | 0.378 times |
| 09 Fri Aug 2024 | 55.55 | 54.90 | 56.14 | 54.53 | 0.434 times |
| 08 Thu Aug 2024 | 54.32 | 54.00 | 54.89 | 53.74 | 0.349 times |
| 07 Wed Aug 2024 | 53.63 | 54.50 | 55.30 | 53.41 | 0.421 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 51.3 as stoploss in an intra day buy trade for a target of 52.82. However, stock will show a bearish move below 51.3.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Downside Target | 51.80 |
| Upside Target | 52.95 |
| Upside Target | 54.72 |
| 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 | 51.51 |
| Downside Intraday Target | 51.08 |
| Upside Intraday Target | 52.66 |
| Upside Intraday Target | 53.38 |
| Upside Intraday Target | 52.23 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 51.94 | 52.58 | 52.95 | 51.80 | 0.146 times |
| 16 Fri Aug 2024 | 52.47 | 55.60 | 56.34 | 48.00 | 3.202 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 |
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 |
| 20 Tue Aug 2024 | 51.94 | 54.29 | 56.34 | 47.98 | 0.697 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Chipotle Mexican stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 52.57 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Chipotle Mexican stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 52.57 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.