CMG NEWS why is Chipotle Mexican Grill, Inc. price falling or rising

CMG NEWS reasons for why stock price of Chipotle Mexican Grill, Inc. is falling or rising

CMG Chipotle Mexican is falling or rising technical reasons

Technical analysis forecast for Chipotle Mexican Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Chipotle Mexican CMG at this time. Stock is falling and might fall more.

It appears as if Chipotle Mexican CMG gave a large move recently.

Stock of Chipotle Mexican (CMG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Chipotle Mexican is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use -83.3 as stoploss in an intra day buy trade for a target of 1483.82. However, stock will show a bearish move below -83.3.

CMG Chipotle Mexican is falling or rising NEWS fundamental reasons

More announcements and NEWS

CMG Chipotle Mexican Grill, Inc. current price & indicator signals

Moving Averages for Chipotle Mexican Grill, Inc.

  • 5Day Average: 61.82
  • 12Day Average: 1116.81
  • 20Day Average: 1979.51
  • 50Day Average: 2689.38
  • 100Day Average: 2748.79
  • 150Day Average: 2617.93
  • 200Day Average: 2462.63

CMG Indicators & signals

Indicator MACD (12,26,9)

900.48, 1762.21, -605.39
Indicator MACD is in negative zone

Indicator ADX (14)

81.63, 8.03, 79.43
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 14
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of CMG Chipotle Mexican Grill, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Fri Jul 2024 62.75 61.20 to 62.96 1.9% 0.9 times
03 Wed Jul 2024 61.58 60.84 to 62.81 0% 0.89 times
03 Wed Jul 2024 61.58 60.84 to 62.81 0.29% 0.89 times
02 Tue Jul 2024 61.40 60.46 to 62.32 -0.66% 1.29 times
01 Mon Jul 2024 61.81 60.25 to 62.76 -1.34% 1.38 times
28 Fri Jun 2024 62.65 61.57 to 63.77 0.38% 1.55 times
27 Thu Jun 2024 62.41 61.84 to 65.89 -5.24% 1.99 times
26 Wed Jun 2024 65.86 62.75 to 66.31 -97.99% 1.91 times
25 Tue Jun 2024 3283.04 3214.00 to 3289.77 2.8% 0.03 times
24 Mon Jun 2024 3193.74 3164.21 to 3223.00 -0.52% 0.03 times
21 Fri Jun 2024 3210.49 3193.21 to 3233.34 -0.12% 0.04 times
20 Thu Jun 2024 3214.42 3188.00 to 3445.58 -6.22% 0.06 times

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CMG NEWS why is Chipotle Mexican Grill, Inc. price falling or rising

 

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