US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

1 weekRange50%
Weekly Range probability 100%Range

CMG 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $27.31 - $39.09 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 53.1, MACD 0.102

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.74 (7.78%)

Weekly

EMA Structure

Bearish
EMA 8$32.87Bullish
EMA 21$33.33Bullish
EMA 50$35.43Bearish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD 0.102

Neutral zone

Strength
Bullish
Volatility
ATR $2.74 · BB 31.19%

High volatility

Strength
Bearish
Volume
MFI 43.5 · OBV -19.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.31 - $39.09

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+18.93% · 2.4 ATR above latest close

$41.83
Nearest resistance

+11.15% · 1.4 ATR above · 34-bar high

$39.09
Current price

Price shown is delayed

$35.17
Nearest support

-22.35% · 2.9 ATR below · 34-bar low

$27.31
Deeper support zone

-30.13% · 3.9 ATR below latest close

$24.57
ATR zone

Latest close ± ATR14

$32.43 - $37.91

Indicators

Trend

Dow Theory Structure

Confirmation $27.31, invalidation $38.92

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

Trend strength is moderate

16.8 / 31.2 / 25.9Bullish
Supertrend (10,3)

Price is above Supertrend

$27.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.66 / $34.37Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

High volatility

$2.74 (7.78%)Bearish
Bollinger Bands (20,2)

Width 31.19%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$38.94 / $27.63Bearish
ATR channel lower / upper

Current Volatility Envelope

$32.43 / $37.91Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.09Range
Support

Nearest Downside Decision Level

$27.31Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is positive

0.102Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.7 / 56.0Bullish
Williams %R (14)

Neutral zone

-32.3Range
CCI (20)

Balanced zone

57.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-19.99%Bearish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Trend

Dow Theory Structure

Confirmation $27.31, invalidation $38.92

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

Trend strength is moderate

16.8 / 31.2 / 25.9Bullish
Supertrend (10,3)

Price is above Supertrend

$27.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.66 / $34.37Bullish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is positive

0.102Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.7 / 56.0Bullish
Williams %R (14)

Neutral zone

-32.3Range
CCI (20)

Balanced zone

57.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$2.74 (7.78%)Bearish
Bollinger Bands (20,2)

Width 31.19%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$38.94 / $27.63Bearish
ATR channel lower / upper

Current Volatility Envelope

$32.43 / $37.91Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

-19.99%Bearish
Volume ratio

Relative to 20-period average volume

0.66xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.09Range
Support

Nearest Downside Decision Level

$27.31Range

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