(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 2024-10-31 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 11327950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 55.77 | 55.17 | 57.42 | 55.02 | 1.288 times |
| 30 Wed Oct 2024 | 55.73 | 57.36 | 58.00 | 55.51 | 2.521 times |
| 29 Tue Oct 2024 | 60.49 | 60.76 | 60.79 | 59.94 | 2.115 times |
| 28 Mon Oct 2024 | 60.60 | 59.85 | 61.25 | 59.84 | 1.07 times |
| 25 Fri Oct 2024 | 59.44 | 59.84 | 59.86 | 59.23 | 0.536 times |
| 24 Thu Oct 2024 | 59.44 | 59.27 | 59.63 | 58.97 | 0.622 times |
| 23 Wed Oct 2024 | 59.02 | 59.56 | 59.58 | 58.42 | 0.841 times |
| 22 Tue Oct 2024 | 59.88 | 59.69 | 60.10 | 59.25 | 0.651 times |
| 21 Mon Oct 2024 | 59.70 | 59.74 | 59.85 | 59.21 | 0.567 times |
| 18 Fri Oct 2024 | 59.39 | 59.30 | 59.50 | 58.75 | 0.518 times |
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 55.6, for a target of 57.3 or 58.66
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 | 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 | 53.44 |
| Downside Intraday Target | 51.12 |
| Upside Intraday Target | 59.67 |
| Upside Intraday Target | 63.58 |
| Upside Intraday Target | 57.35 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 55.77 | 59.85 | 61.25 | 55.02 | 2.174 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 |
| 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 |
| 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short 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
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid 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
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 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 in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 58.46 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.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short 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
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short 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
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid 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
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 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 in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 58.46 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.