(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 2024-11-01 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 12154880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 58.59 | 56.34 | 58.96 | 56.25 | 1.635 times |
| 31 Thu Oct 2024 | 55.77 | 55.17 | 57.42 | 55.02 | 1.201 times |
| 30 Wed Oct 2024 | 55.73 | 57.36 | 58.00 | 55.51 | 2.35 times |
| 29 Tue Oct 2024 | 60.49 | 60.76 | 60.79 | 59.94 | 1.971 times |
| 28 Mon Oct 2024 | 60.60 | 59.85 | 61.25 | 59.84 | 0.997 times |
| 25 Fri Oct 2024 | 59.44 | 59.84 | 59.86 | 59.23 | 0.5 times |
| 24 Thu Oct 2024 | 59.44 | 59.27 | 59.63 | 58.97 | 0.58 times |
| 23 Wed Oct 2024 | 59.02 | 59.56 | 59.58 | 58.42 | 0.784 times |
| 22 Tue Oct 2024 | 59.88 | 59.69 | 60.10 | 59.25 | 0.607 times |
| 21 Mon Oct 2024 | 59.70 | 59.74 | 59.85 | 59.21 | 0.529 times |
My analysis of stock is bearish for shortterm, and stock might move down till 57.4 or till 55.8. Use a stoploss of 58.74 and if the stock hits stoploss, then it can shoot up till 60.07
Share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Target | 47.98 |
| Downside Target | 49.41 |
| Downside Target | 52.65 |
| Downside Target | 55.02 |
| Upside Target | 58.96 |
| Upside Target | 59.00 |
| Upside Target | 59.48 |
| Upside Target | 60.09 |
| Upside Target | 60.10 |
| Upside Target | 61.25 |
| Upside Target | 62.96 |
Intraday share price targets for Chipotle Mexican (CMG)
| Target Type | Value |
| Downside Intraday Target | 55.32 |
| Downside Intraday Target | 52.06 |
| Upside Intraday Target | 61.55 |
| Upside Intraday Target | 64.52 |
| Downside Intraday Target | 58.29 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 58.59 | 59.85 | 61.25 | 55.02 | 2.719 times |
| 25 Fri Oct 2024 | 59.44 | 59.74 | 60.10 | 58.42 | 1.133 times |
| 18 Fri Oct 2024 | 59.39 | 59.28 | 60.09 | 58.52 | 0.855 times |
| 11 Fri Oct 2024 | 58.65 | 57.14 | 59.48 | 56.43 | 0.952 times |
| 04 Fri Oct 2024 | 57.11 | 57.24 | 58.11 | 55.94 | 0.859 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 |
| 01 Fri Nov 2024 | 58.59 | 56.34 | 58.96 | 56.25 | 0.093 times |
| 31 Thu Oct 2024 | 55.77 | 57.76 | 61.25 | 55.02 | 1.033 times |
| 30 Mon Sep 2024 | 57.62 | 55.99 | 59.00 | 52.65 | 0.477 times |
| 30 Fri Aug 2024 | 56.08 | 54.29 | 56.98 | 47.98 | 0.939 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
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 58.43 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 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
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 58.43 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.