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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Chipotle Mexican Grill, Inc. (NYSE:CMG)
Long-Term Uptrend (+90) - CMG is in a strong uptrend that is likely to continue. While CMG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CMG?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CMG
The long-term trend has been UP since Nov 1st, 2023 at 1976.035
The intermediate-term trend has been UP since Apr 25th, 2024 at 3001.040
The short-term trend has been UP since May 6th, 2024 at 3176.400
Smart Scan Analysis for CMG
Based on our trend formula, CMG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3204.00 | 3216.00 | 3182.52 | 3182.21 | -11.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3183.25 | 183475 | 2024-05-08 15:59:40 |
| Year High | 530.68 | Year High Date | 2018-08-16 |
| Year Low | 247.515 | Year Low Date | 2018-02-09 |
| 52wk High | 3241.42 | 52wk High Date | 2024-04-29 |
| 52wk Low | 1768.635 | 52wk Low Date | 2023-10-13 |
| Year End Close | 297.46 | Average Volume | 273,758 |
| Shares Outstanding | 27,467 | Short Interest | 3,990,857 |
| % Institutional | 94.2 | Market Cap | 22,156M |
| Assets | 841,124,900M | Liabilities | 504,992,000M |
| P/E Ratio | 67.9311 | Beta | 0.51 |
| Volatility | 31.04 |