US stock / ETF

Chipotle Mexican Grill, Inc.

CMG · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

CMG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $28.76 and stabilize above resistance $31.3.

Invalidation Trigger

Break above $31.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 22.8, MACD -0.101

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.4632 (1.69%)

4h

EMA Structure

Bearish
EMA 8$27.97Bearish
EMA 21$28.76Bearish
EMA 50$29.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 22.8 · MACD -0.101

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4632 · BB 13.05%

Low volatility

Strength
Range
Volume
MFI 37.3 · OBV -74.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.31 - $31.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.99% · 9.5 ATR above latest close

$31.76
Nearest resistance

+14.3% · 8.5 ATR above · 34-bar high

$31.3
Current price

Price shown is delayed

$27.39
Nearest support

-0.27% · 0.2 ATR below · 34-bar low

$27.31
Deeper support zone

-1.97% · 1.2 ATR below latest close

$26.85
ATR zone

Latest close ± ATR14

$26.92 - $27.85

Indicators

Trend

Dow Theory Structure

Confirmation $27.82, invalidation $28.38

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

Trend strength is active

37.2 / 9.0 / 42.6Bearish
Supertrend (10,3)

Price is above Supertrend

$26.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.58 / $30.35Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Low volatility

$0.4632 (1.69%)Range
Bollinger Bands (20,2)

Width 13.05%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.6 / $27.83Range
ATR channel lower / upper

Current Volatility Envelope

$26.92 / $27.85Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$31.3Range
Support

Nearest Downside Decision Level

$27.31Range

Momentum

RSI (14)

Momentum is weak

22.8Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.2 / 3.4Bearish
Williams %R (14)

Oversold zone

-97.8Bullish
CCI (20)

Weak expansion

-114.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-74.23%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $27.82, invalidation $28.38

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

Trend strength is active

37.2 / 9.0 / 42.6Bearish
Supertrend (10,3)

Price is above Supertrend

$26.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.58 / $30.35Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

22.8Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.2 / 3.4Bearish
Williams %R (14)

Oversold zone

-97.8Bullish
CCI (20)

Weak expansion

-114.7Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4632 (1.69%)Range
Bollinger Bands (20,2)

Width 13.05%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$29.6 / $27.83Range
ATR channel lower / upper

Current Volatility Envelope

$26.92 / $27.85Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-74.23%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$31.3Range
Support

Nearest Downside Decision Level

$27.31Range

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