US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

1 dayRange52%
Daily Range probability 96%Range

CMG 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $28.04 - $33.94 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.8, MACD 0.214

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.14 (3.69%)

Daily

EMA Structure

Range
EMA 8$31.58Bearish
EMA 21$31.51Bearish
EMA 50$32.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.8 · MACD 0.214

Neutral zone

Strength
Bearish
Volatility
ATR $1.14 · BB 18.64%

Medium volatility

Strength
Range
Volume
MFI 62.5 · OBV -25.25%

Relative to 20-period average volume

Strength
Range
Price Levels
$28.04 - $33.94

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.3% · 3.6 ATR above latest close

$35.08
Nearest resistance

+9.61% · 2.6 ATR above · 34-bar high

$33.94
Current price

Price shown is delayed

$30.96
Nearest support

-9.45% · 2.6 ATR below · 34-bar low

$28.04
Deeper support zone

-13.14% · 3.6 ATR below latest close

$26.89
ATR zone

Latest close ± ATR14

$29.82 - $32.1

Indicators

Trend

Dow Theory Structure

Confirmation $33.45, invalidation $28.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.9 / 32.6 / 20.1Bullish
Supertrend (10,3)

Price is above Supertrend

$27.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.3 / $32.56Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Volatility

ATR (14)

Medium volatility

$1.14 (3.69%)Range
Bollinger Bands (20,2)

Width 18.64%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.58 / $29.41Range
ATR channel lower / upper

Current Volatility Envelope

$29.82 / $32.1Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$33.94Range
Support

Nearest Downside Decision Level

$28.04Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is positive

0.214Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.1 / 68.0Bearish
Williams %R (14)

Neutral zone

-45.9Range
CCI (20)

Balanced zone

-4.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.5Bullish
OBV slope

20-period OBV slope

-25.25%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $33.45, invalidation $28.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.9 / 32.6 / 20.1Bullish
Supertrend (10,3)

Price is above Supertrend

$27.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.3 / $32.56Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is positive

0.214Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.1 / 68.0Bearish
Williams %R (14)

Neutral zone

-45.9Range
CCI (20)

Balanced zone

-4.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.14 (3.69%)Range
Bollinger Bands (20,2)

Width 18.64%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.58 / $29.41Range
ATR channel lower / upper

Current Volatility Envelope

$29.82 / $32.1Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.5Bullish
OBV slope

20-period OBV slope

-25.25%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$33.94Range
Support

Nearest Downside Decision Level

$28.04Range

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