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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Chipotle Mexican Grill, Inc. (NYSE:CMG)

Sidelines Mode (+55) - CMG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_CMG
Open High Low CMG Price Change
2908.58 2940.84 2897.67 2908.04 +5.08
Entry Signal

MarketClub’s Trade Triangles for CMG

long term up The long-term trend has been UP since Nov 1st, 2023 at 1976.035

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2024 at 2327.000

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2930.960

Smart Scan Analysis for CMG

Based on our trend formula, CMG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CMG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2908.58 2940.84 2897.67 2908.04 +5.08
Prev. Close Volume Bid Ask Time
2907.97 194569 2024-04-18 15:59:42
Year High530.68Year High Date2018-08-16
Year Low247.515Year Low Date2018-02-09
52wk High3023.9852wk High Date2024-03-20
52wk Low1768.63552wk Low Date2023-10-13
Year End Close297.46Average Volume281,445
Shares Outstanding27,421Short Interest3,990,857
% Institutional94.2Market Cap22,156M
Assets804,436,200MLiabilities498,215,500M
P/E Ratio65.4705Beta0.51
Volatility31.04
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