US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

1 monthBearish83%
Monthly Downside probability 83%Bearish

CMG 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $40.39 and stabilize above resistance $69.26.

Invalidation Trigger

Break above $69.26 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 44.1, MACD -1.064

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.17 (16.89%)

Monthly

EMA Structure

Range
EMA 8$35.69Bullish
EMA 21$40.39Bearish
EMA 50$40.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.1 · MACD -1.064

Momentum is weak

Strength
Bearish
Volatility
ATR $6.17 · BB 87.49%

High volatility

Strength
Bearish
Volume
MFI 28.4 · OBV -28.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$28.04 - $69.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+106.65% · 6.3 ATR above latest close

$75.43
Nearest resistance

+89.75% · 5.3 ATR above · 34-bar high

$69.26
Current price

Price shown is delayed

$36.5
Nearest support

-23.19% · 1.4 ATR below · 34-bar low

$28.04
Deeper support zone

-40.09% · 2.4 ATR below latest close

$21.87
ATR zone

Latest close ± ATR14

$30.33 - $42.67

Indicators

Trend

Dow Theory Structure

Confirmation $41.42, invalidation $30.6

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

Trend strength is active

42.4 / 15.6 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.69 / $46.6Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

High volatility

$6.17 (16.89%)Bearish
Bollinger Bands (20,2)

Width 87.49%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.35 / $28.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$30.33 / $42.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$28.04Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-1.064Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.9 / 18.3Bullish
Williams %R (14)

Neutral zone

-72.1Range
CCI (20)

Balanced zone

-58.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-28.60%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $41.42, invalidation $30.6

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

Trend strength is active

42.4 / 15.6 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$18.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.69 / $46.6Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-1.064Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.9 / 18.3Bullish
Williams %R (14)

Neutral zone

-72.1Range
CCI (20)

Balanced zone

-58.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$6.17 (16.89%)Bearish
Bollinger Bands (20,2)

Width 87.49%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.35 / $28.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$30.33 / $42.67Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.4Bearish
OBV slope

20-period OBV slope

-28.60%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$28.04Range

Related Forecasts