CHIPOTLE MEXICAN GRILL INC (CMG) Stock Technical Analysis
NYSE:CMG - New York Stock Exchange, Inc. - US1696561059 - Common Stock - Currency: USD
Taking everything into account, CMG scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CMG was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CMG is a bad performer in the overall market: 73% of all stocks are doing better.
CMG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMG is lagging the market.
In the last month CMG has a been trading in the 48.22 - 52.69 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
CMG has an average volume of 14045800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CMG is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 46% of 135 stocks in the same industry.
CMG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.46, a Stop Loss order could be placed below this zone.
More info and screens
45.51
66.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 50.95 to 51.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.35 from a trend line in the weekly time frame.
- Support @47.28 from a horizontal line in the weekly time frame.
- Support @45.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 51.54 to 52.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.50 from a horizontal line in the daily time frame.
- Resistance @65.43 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.56
Mansfield-1.24
10 Day High52.69
10 Day Low49.41
20 Day High52.69
20 Day Low48.22
52 Week High69.26
52 Week Low44.46
Performance
1 Week1.62%
2 Weeks2.2%
1 Month9.28%
3 Month-0.08%
6 Month-17%
12 Month-18.34%
2 Year23.94%
3 Year83.49%
5 Year156.35%
10 Year318.1%
15 Year1708.76%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)53.25
LBB49.49
UBB52.91
51.47
-0.8 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.53%
1 Week1.62%
2 Weeks2.2%
1 Month9.28%
3 Month-0.08%
6 Month-17%
12 Month-18.34%
2 Year23.94%
3 Year83.49%
5 Year156.35%
10 Year318.1%
15 Year1708.76%
Volatility
ATR(14)1.28
ATR(20)%2.91%
ATR Inc-37.09%
Range Today0.82
ADR(20)1.35
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.56
Mansfield-1.24
10 Day High52.69
10 Day Low49.41
20 Day High52.69
20 Day Low48.22
52 Week High69.26
52 Week Low44.46
CS1 End51.46
CR1 Start51.54
Volume & EV
DER(3)0.6%
DER(5)0.58%
Volume8.58M
Volume Incr-29.07%
Vol(5)10.31M
Vol(50)14.05M