US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

CMG 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $38.8 and stabilize above resistance $69.26.

Invalidation Trigger

Break above $69.26 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 40.3, MACD -0.554

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.64 (17.42%)

Monthly

EMA Structure

Bearish
EMA 8$34.64Bearish
EMA 21$38.8Bearish
EMA 50$39.67Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.3 · MACD -0.554

Momentum is weak

Strength
Bearish
Volatility
ATR $5.64 · BB 73.45%

High volatility

Strength
Bearish
Volume
MFI 28.4 · OBV 0.97%

Relative to 20-period average volume

Strength
Range
Price Levels
$28.04 - $69.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+131.45% · 7.5 ATR above latest close

$74.9
Nearest resistance

+114.03% · 6.5 ATR above · 34-bar high

$69.26
Current price

Price shown is delayed

$32.36
Nearest support

-13.37% · 0.8 ATR below · 34-bar low

$28.04
Deeper support zone

-30.79% · 1.8 ATR below latest close

$22.4
ATR zone

Latest close ± ATR14

$26.72 - $38

Indicators

Trend

Dow Theory Structure

Confirmation $28.04, invalidation $39.09

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.1 / 15.5 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$16.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.8 / $46.97Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$5.64 (17.42%)Bearish
Bollinger Bands (20,2)

Width 73.45%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.22 / $27.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$26.72 / $38Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$28.04Range

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.3 / 28.3Bullish
Williams %R (14)

Neutral zone

-70.7Range
CCI (20)

Balanced zone

-78.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

0.97%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $28.04, invalidation $39.09

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.1 / 15.5 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$16.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.8 / $46.97Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.3 / 28.3Bullish
Williams %R (14)

Neutral zone

-70.7Range
CCI (20)

Balanced zone

-78.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$5.64 (17.42%)Bearish
Bollinger Bands (20,2)

Width 73.45%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.22 / $27.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$26.72 / $38Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

0.97%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$28.04Range

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