(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 2024-11-06 View latest technical analysis
10 day averaged volume of Chipotle Mexican is 14282770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 57.69 | 57.70 | 58.26 | 57.19 | 0.752 times |
| 05 Tue Nov 2024 | 56.18 | 56.27 | 56.77 | 55.89 | 0.722 times |
| 04 Mon Nov 2024 | 56.38 | 58.39 | 58.40 | 56.37 | 0.753 times |
| 01 Fri Nov 2024 | 58.59 | 56.34 | 58.96 | 56.25 | 1.392 times |
| 31 Thu Oct 2024 | 55.77 | 55.17 | 57.42 | 55.02 | 1.022 times |
| 30 Wed Oct 2024 | 55.73 | 57.36 | 58.00 | 55.51 | 2 times |
| 29 Tue Oct 2024 | 60.49 | 60.76 | 60.79 | 59.94 | 1.677 times |
| 28 Mon Oct 2024 | 60.60 | 59.85 | 61.25 | 59.84 | 0.849 times |
| 25 Fri Oct 2024 | 59.44 | 59.84 | 59.86 | 59.23 | 0.425 times |
| 24 Thu Oct 2024 | 59.44 | 59.27 | 59.63 | 58.97 | 0.493 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.2 as stoploss in an intra day buy trade for a target of 58.62. However, stock will show a bearish move below 57.2.
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 | 58.40 |
| 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 | 56.25 |
| Downside Intraday Target | 54.82 |
| Upside Intraday Target | 58.76 |
| Upside Intraday Target | 59.84 |
| Downside Intraday Target | 57.33 |
Weekly technical analysis of Chipotle Mexican (CMG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 57.69 | 58.39 | 58.40 | 55.89 | 0.321 times |
| 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 |
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 |
| 06 Wed Nov 2024 | 57.69 | 56.34 | 58.96 | 55.89 | 0.241 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 57.9 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chipotle Mexican ( (CMG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 57.9 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.