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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.

Showing technical analysis as on 2024-10-30 View latest technical analysis

10 day averaged volume of Chipotle Mexican is 9058480

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	55.73	57.36	58.00	55.51	3.153 times
29 Tue Oct 2024	60.49	60.76	60.79	59.94	2.645 times
28 Mon Oct 2024	60.60	59.85	61.25	59.84	1.338 times
25 Fri Oct 2024	59.44	59.84	59.86	59.23	0.671 times
24 Thu Oct 2024	59.44	59.27	59.63	58.97	0.778 times
23 Wed Oct 2024	59.02	59.56	59.58	58.42	1.051 times
22 Tue Oct 2024	59.88	59.69	60.10	59.25	0.814 times
21 Mon Oct 2024	59.70	59.74	59.85	59.21	0.709 times
18 Fri Oct 2024	59.39	59.30	59.50	58.75	0.647 times
17 Thu Oct 2024	58.86	59.24	59.39	58.52	0.698 times

Stock of Chipotle Mexican (CMG) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.9, for a target of 57.4 or 58.71

Share price targets for Chipotle Mexican (CMG)

Target Type	Value
Downside Target	47.98
Downside Target	49.41
Downside Target	52.65
Downside Target	55.51
Upside Target	59.48
Upside Target	60.09
Upside Target	60.10
Upside Target	61.25
Upside Target	61.57
Upside Target	62.96
Upside Target	3463.07

Intraday share price targets for Chipotle Mexican (CMG)

Target Type	Value
Downside Intraday Target	53.74
Downside Intraday Target	51.76
Upside Intraday Target	59.48
Upside Intraday Target	63.24
Upside Intraday Target	57.5

Weekly technical analysis of Chipotle Mexican (CMG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	55.73	59.85	61.25	55.51	1.773 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
30 Wed Oct 2024	55.73	57.76	61.25	55.51	0.963 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
31 Wed Jul 2024	54.32	62.69	62.96	49.41	5.454 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 to mid 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 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 Strong and stock is gaining 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 green color and prices are in or below the green 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 negative zone. This is the SELL 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 58.82 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.