(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 2024-09-12 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 11522560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 56.35 | 55.93 | 56.48 | 55.55 | 0.788 times |
| 11 Wed Sep 2024 | 55.79 | 54.27 | 55.87 | 53.96 | 1.111 times |
| 10 Tue Sep 2024 | 54.21 | 54.43 | 54.90 | 53.68 | 0.726 times |
| 09 Mon Sep 2024 | 54.29 | 54.04 | 54.83 | 54.00 | 0.822 times |
| 06 Fri Sep 2024 | 53.68 | 53.19 | 54.52 | 53.08 | 1.15 times |
| 05 Thu Sep 2024 | 53.03 | 53.02 | 53.78 | 52.92 | 0.722 times |
| 04 Wed Sep 2024 | 53.34 | 52.65 | 53.47 | 52.65 | 1.061 times |
| 03 Tue Sep 2024 | 53.52 | 55.99 | 56.58 | 53.18 | 1.25 times |
| 30 Fri Aug 2024 | 56.08 | 55.95 | 56.23 | 55.18 | 1.115 times |
| 30 Fri Aug 2024 | 56.08 | 55.95 | 56.23 | 55.18 | 1.115 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.7, but if it comes below 55.7, then a intra day sell could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 54.33 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 57.3 as target.
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Downside Target | 51.80 |
| Upside Target | 56.58 |
| Upside Target | 56.98 |
| Upside Target | 61.57 |
| Upside Target | 62.96 |
| Upside Target | 3055.27 |
| Upside Target | 3260.00 |
| Upside Target | 3463.07 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 54.53 |
| Downside Intraday Target | 52.7 |
| Upside Intraday Target | 57.33 |
| Upside Intraday Target | 58.3 |
| Downside Intraday Target | 55.5 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 56.35 | 54.04 | 56.48 | 53.68 | 0.824 times |
| 06 Fri Sep 2024 | 53.68 | 55.99 | 56.58 | 52.65 | 3.751 times |
| 30 Fri Aug 2024 | 56.08 | 55.95 | 56.23 | 55.18 | 0.199 times |
| 30 Fri Aug 2024 | 56.08 | 53.82 | 56.98 | 53.78 | 1 times |
| 23 Fri Aug 2024 | 53.71 | 52.58 | 54.26 | 51.80 | 0.319 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 |
| 12 Thu Sep 2024 | 56.35 | 55.99 | 56.58 | 52.65 | 0.202 times |
| 30 Fri Aug 2024 | 56.08 | 54.29 | 56.98 | 47.98 | 0.939 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 |
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chipotle Mexican is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.66 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chipotle Mexican is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.66 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.