US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

3 monthsRange51%
3M Range probability 98%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 StateBullish
Momentum improving

RSI 50.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $12.19 (34.67%)

3M

EMA Structure

Range
EMA 8$38.27Bearish
EMA 21$37.09Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 50.1 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $12.19 · BB 111.68%

High volatility

Strength
Bearish
Volume
MFI 33.7 · OBV -60.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$8.3 - $69.26

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+131.6% · 3.8 ATR above latest close

$81.45
Nearest resistance

+96.93% · 2.8 ATR above · 30-bar high

$69.26
Current price

Price shown is delayed

$35.17
Nearest support

-76.4% · 2.2 ATR below · 30-bar low

$8.3
Deeper support zone

-111.07% · 3.2 ATR below latest close

-$3.89
ATR zone

Latest close ± ATR14

$22.98 - $47.36

Indicators

Trend

Dow Theory Structure

Confirmation $69.26, invalidation $23.93

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

Trend strength is active

34.3 / 18.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

-$4.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.07 / --Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Volatility

ATR (14)

High volatility

$12.19 (34.67%)Bearish
Bollinger Bands (20,2)

Width 111.68%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.19 / $13.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.98 / $47.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

18.7 / 15.0Bullish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-56.8Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.7Bearish
OBV slope

20-period OBV slope

-60.01%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Trend

Dow Theory Structure

Confirmation $69.26, invalidation $23.93

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

Trend strength is active

34.3 / 18.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

-$4.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.07 / --Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

18.7 / 15.0Bullish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-56.8Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

High volatility

$12.19 (34.67%)Bearish
Bollinger Bands (20,2)

Width 111.68%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.19 / $13.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$22.98 / $47.36Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.7Bearish
OBV slope

20-period OBV slope

-60.01%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.26Range
Support

Nearest Downside Decision Level

$8.3Range

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