(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 2024-08-26 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 26599070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 54.75 | 53.82 | 55.05 | 53.78 | 0.459 times |
| 23 Fri Aug 2024 | 53.71 | 53.81 | 53.95 | 53.10 | 0.373 times |
| 22 Thu Aug 2024 | 53.45 | 53.54 | 54.26 | 53.21 | 0.392 times |
| 21 Wed Aug 2024 | 53.73 | 52.25 | 53.98 | 52.08 | 0.547 times |
| 20 Tue Aug 2024 | 51.94 | 52.65 | 52.92 | 51.80 | 0.485 times |
| 19 Mon Aug 2024 | 52.64 | 52.58 | 52.95 | 51.83 | 0.623 times |
| 16 Fri Aug 2024 | 52.47 | 53.59 | 53.70 | 52.05 | 0.801 times |
| 15 Thu Aug 2024 | 53.97 | 51.79 | 54.32 | 51.58 | 1.084 times |
| 14 Wed Aug 2024 | 51.65 | 52.02 | 52.53 | 51.08 | 1.219 times |
| 13 Tue Aug 2024 | 51.68 | 50.79 | 52.11 | 48.00 | 4.098 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.6, but if it comes below 54.6, then a intra day sell could be more profitable.
If you take a sell trade below 54.6, then use 54.6 as stoploss and 53.43 as target. However if you take a buy trade in stock , then use 54.6 as stoploss and 56 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Downside Target | 51.80 |
| Downside Target | 53.78 |
| Upside Target | 56.34 |
| 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 | 54 |
| Downside Intraday Target | 53.26 |
| Upside Intraday Target | 55.27 |
| Upside Intraday Target | 55.8 |
| Downside Intraday Target | 54.53 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 54.75 | 53.82 | 55.05 | 53.78 | 0.19 times |
| 23 Fri Aug 2024 | 53.71 | 52.58 | 54.26 | 51.80 | 0.319 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 |
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 |
| 26 Mon Aug 2024 | 54.75 | 54.29 | 56.34 | 47.98 | 0.799 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 in or above the red 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 SELL signal in short term and selling is picking up 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 52.45 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 in or above the red 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 SELL signal in short term and selling is picking up 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 52.45 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.