Technical Analysis for CMG - Chipotle Mexican Grill, Inc.

Grade Last Price % Change Price Change
A 2773.53 0.62% 17.14
CMG closed up 0.62 percent on Monday, March 18, 2024, on 89 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 14 hours ago
Gapped Up (Full) about 14 hours ago
Slingshot Bullish Entry about 14 hours ago
Rose Above Previous Day's High about 14 hours ago
New 52 Week High about 14 hours ago

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Profile

Chipotle Mexican Grill, Inc. develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of June 3, 2013, the company operated 1,450 restaurants. Chipotle Mexican Grill, Inc. was founded in 1993 and is based in Denver, Colorado.
Classification

Sector: Consumer Cyclical
Industry: Restaurants
Keywords: S&P 500 Restaurants Fast Food Restaurant Fast Casual Restaurant Burrito

Is CMG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2813.99
52 Week Low 1609.125
Average Volume 213,545
200-Day Moving Average 2149.94
50-Day Moving Average 2521.91
20-Day Moving Average 2682.89
10-Day Moving Average 2715.89
Average True Range 45.55
RSI (14) 73.40
ADX 44.78
+DI 38.24
-DI 14.43
Chandelier Exit (Long, 3 ATRs) 2677.35
Chandelier Exit (Short, 3 ATRs) 2694.28
Upper Bollinger Bands 2786.33
Lower Bollinger Band 2579.46
Percent B (%b) 0.94
BandWidth 7.71
MACD Line 60.81
MACD Signal Line 62.64
MACD Histogram -1.8202
Fundamentals Value
Market Cap 76.05 Billion
Num Shares 27.4 Million
EPS 44.32
Price-to-Earnings (P/E) Ratio 62.58
Price-to-Sales 7.33
Price-to-Book 23.63
PEG Ratio 2.30
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2848.50
Resistance 3 (R3) 2853.66 2833.82 2836.01
Resistance 2 (R2) 2833.82 2814.73 2831.25 2831.84
Resistance 1 (R1) 2803.68 2802.94 2818.75 2798.52 2827.67
Pivot Point 2783.84 2783.84 2791.38 2781.27 2783.84
Support 1 (S1) 2753.70 2764.75 2768.77 2748.54 2719.39
Support 2 (S2) 2733.86 2752.96 2731.29 2715.22
Support 3 (S3) 2703.72 2733.86 2711.06
Support 4 (S4) 2698.56