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(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.

10 day averaged volume of Chipotle Mexican is 203868

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 3213.43 3145.23 3217.29 3145.23 1.402 times
16 Thu May 2024 3145.88 3173.31 3181.18 3138.49 0.953 times
15 Wed May 2024 3168.30 3170.72 3190.42 3160.76 0.97 times
14 Tue May 2024 3176.67 3183.00 3198.00 3171.42 0.76 times
13 Mon May 2024 3195.40 3239.00 3239.22 3187.46 0.826 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3240.7 as stoploss in an intra day sell trade for a target of 3138.9. However, stock will show a bullish move above 3240.7.

Share price targets for Chipotle Mexican (CMG)

Target Type Value
Downside Target 2204.10
Downside Target 2411.81
Downside Target 2614.98
Downside Target 2725.83
Downside Target 2846.18
Downside Target 2982.90
Downside Target 3118.33
Downside Target 3199.99
Upside Target 3239.22
Upside Target 3241.42
Upside Target 3260.00

Intraday share price targets for Chipotle Mexican (CMG)

Target Type Value
Downside Intraday Target 3154.87
Downside Intraday Target 3096.32
Upside Intraday Target 3255.6
Upside Intraday Target 3297.78
Downside Intraday Target 3197.05

Weekly technical analysis of Chipotle Mexican (CMG)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 3213.43 3239.00 3239.22 3138.49 0.965 times
10 Fri May 2024 3239.23 3159.54 3260.00 3159.54 0.814 times
03 Fri May 2024 3155.38 3216.35 3241.42 3118.33 0.686 times
26 Fri Apr 2024 3186.97 2897.75 3199.99 2867.02 1.559 times
19 Fri Apr 2024 2869.11 2978.09 2982.90 2846.18 0.952 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
17 Fri May 2024 3213.43 3153.00 3260.00 3118.33 0.453 times
30 Tue Apr 2024 3159.60 2919.17 3241.42 2846.18 1.18 times
28 Thu Mar 2024 2906.77 2699.45 3023.98 2614.98 1.021 times
29 Thu Feb 2024 2688.77 2414.00 2725.83 2411.81 1.203 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 31, 18, 27 Buy
MACD 147, 161Sell
Stochastics 34None
CCI -6Buy
RSI 63Buy
OBV 1282696Sell
VWAP 3196Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 to mid term time period is

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Chipotle Mexican in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 3196.17 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.

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