CHIPOTLE MEXICAN GRILL INC (CMG) Stock Technical Analysis
NYSE:CMG - New York Stock Exchange, Inc. - US1696561059 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CMG. CMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CMG is a bad performer in the overall market: 72% of all stocks are doing better.
CMG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CMG has an average volume of 13547200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CMG is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 48% of 136 stocks in the same industry.
In the last month CMG has a been trading in the 44.46 - 52.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 49.40. Right above this resistance zone may be a good entry point.
More info and screens
46.81
66.08
We found 1 important support area.
- Support @47.28 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 49.40 to 49.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.45 to 52.03. 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
CRS28.51
Mansfield-1.05
10 Day High51.5
10 Day Low44.46
20 Day High52.32
20 Day Low44.46
52 Week High69.26
52 Week Low44.46
Performance
1 Week-4.18%
2 Weeks-3.81%
1 Month-1.69%
3 Month-16.26%
6 Month-18.89%
12 Month-16.05%
2 Year16.49%
3 Year65.46%
5 Year174.15%
10 Year287.63%
15 Year1685.26%
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)0.06
RSI(14)43.41
LBB45.73
UBB52.76
48.17
+0.09 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.19%
1 Week-4.18%
2 Weeks-3.81%
1 Month-1.69%
3 Month-16.26%
6 Month-18.89%
12 Month-16.05%
2 Year16.49%
3 Year65.46%
5 Year174.15%
10 Year287.63%
15 Year1685.26%
Volatility
ATR(14)2.33
ATR(20)%4.16%
ATR Inc-47.98%
Range Today1.06
ADR(20)1.86
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.51
Mansfield-1.05
10 Day High51.5
10 Day Low44.46
20 Day High52.32
20 Day Low44.46
52 Week High69.26
52 Week Low44.46
CS1 End47.28
CR1 Start49.4
Volume & EV
DER(3)-0.29%
DER(5)-0.55%
Volume9.36M
Volume Incr-24.15%
Vol(5)11.24M
Vol(50)13.55M