US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

3 monthsBearish61%
3M Downside probability 61%Bearish

CMG 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $37.74 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

3M
Momentum StateBullish
Momentum improving

RSI 51.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $12.18 (33%)

3M

EMA Structure

Range
EMA 8$40.26Bearish
EMA 21$37.74Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 51.1 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $12.18 · BB 109.62%

High volatility

Strength
Bearish
Volume
MFI 38.1 · OBV -43.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$8.3 - $69.26

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+120.7% · 3.7 ATR above latest close

$81.44
Nearest resistance

+87.7% · 2.7 ATR above · 29-bar high

$69.26
Current price

Price shown is delayed

$36.9
Nearest support

-77.51% · 2.3 ATR below · 29-bar low

$8.3
Deeper support zone

-110.51% · 3.3 ATR below latest close

-$3.88
ATR zone

Latest close ± ATR14

$24.72 - $49.08

Indicators

Trend

Dow Theory Structure

Confirmation $28.04, invalidation $58.42

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

Trend strength is active

36.4 / 23.8 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

-$2.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.01 / --Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$12.18 (33%)Bearish
Bollinger Bands (20,2)

Width 109.62%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.43 / $13.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$24.72 / $49.08Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

21.5 / 16.8Bullish
Williams %R (14)

Neutral zone

-78.5Range
CCI (20)

Balanced zone

-39.8Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.1Bearish
OBV slope

20-period OBV slope

-43.38%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $28.04, invalidation $58.42

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

Trend strength is active

36.4 / 23.8 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

-$2.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.01 / --Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

21.5 / 16.8Bullish
Williams %R (14)

Neutral zone

-78.5Range
CCI (20)

Balanced zone

-39.8Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$12.18 (33%)Bearish
Bollinger Bands (20,2)

Width 109.62%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.43 / $13.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$24.72 / $49.08Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.1Bearish
OBV slope

20-period OBV slope

-43.38%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

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