US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

3 monthsRange47%
3M Range probability 94%Range

CMG 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $8.3 - $69.26 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

3M
Momentum StateBearish
Momentum soft

RSI 48.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $11.58 (35.8%)

3M

EMA Structure

Range
EMA 8$37.65Bearish
EMA 21$36.84Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 48.1 · MACD --

Neutral zone

Strength
Bearish
Volatility
ATR $11.58 · BB 112.96%

High volatility

Strength
Bearish
Volume
MFI 34.8 · OBV -96.46%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$8.3 - $69.26

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+149.83% · 4.2 ATR above latest close

$80.84
Nearest resistance

+114.03% · 3.2 ATR above · 30-bar high

$69.26
Current price

Price shown is delayed

$32.36
Nearest support

-74.35% · 2.1 ATR below · 30-bar low

$8.3
Deeper support zone

-110.15% · 3.1 ATR below latest close

-$3.28
ATR zone

Latest close ± ATR14

$20.78 - $43.94

Indicators

Trend

Dow Theory Structure

Confirmation $69.26, invalidation $28.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.0 / 19.8 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

-$2.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.25 / --Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Volatility

ATR (14)

High volatility

$11.58 (35.8%)Bearish
Bollinger Bands (20,2)

Width 112.96%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60.22 / $14.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.78 / $43.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

Momentum

RSI (14)

Neutral zone

48.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

10.5 / 12.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-62.1Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-96.46%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $69.26, invalidation $28.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.0 / 19.8 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

-$2.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.25 / --Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Momentum

RSI (14)

Neutral zone

48.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

10.5 / 12.3Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Balanced zone

-62.1Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

High volatility

$11.58 (35.8%)Bearish
Bollinger Bands (20,2)

Width 112.96%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60.22 / $14.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.78 / $43.94Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.8Bearish
OBV slope

20-period OBV slope

-96.46%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

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