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 $36.58 and stabilize above resistance $38.92.

Invalidation Trigger

Break above $38.92 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.6, MACD -0.019

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4763 (1.32%)

4h

EMA Structure

Bearish
EMA 8$36.25Bearish
EMA 21$36.58Bearish
EMA 50$36.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD -0.019

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4763 · BB 5.03%

Low volatility

Strength
Bullish
Volume
MFI 37.3 · OBV -5.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$35.66 - $38.92

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.86% · 6.7 ATR above latest close

$39.4
Nearest resistance

+7.54% · 5.7 ATR above · 34-bar high

$38.92
Current price

Price shown is delayed

$36.19
Nearest support

-1.46% · 1.1 ATR below · 34-bar low

$35.66
Deeper support zone

-2.78% · 2.1 ATR below latest close

$35.18
ATR zone

Latest close ± ATR14

$35.71 - $36.67

Indicators

Trend

Dow Theory Structure

Confirmation $36.64, invalidation $35.66

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

46.2 / 10.1 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$34.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$36.72 / $37.29Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$0.4763 (1.32%)Bullish
Bollinger Bands (20,2)

Width 5.03%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$37.54 / $35.58Bullish
ATR channel lower / upper

Current Volatility Envelope

$35.71 / $36.67Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.92Range
Support

Nearest Downside Decision Level

$35.66Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-0.019Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.6 / 31.2Bullish
Williams %R (14)

Neutral zone

-64.4Range
CCI (20)

Balanced zone

-64.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-5.57%Bearish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Trend

Dow Theory Structure

Confirmation $36.64, invalidation $35.66

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

46.2 / 10.1 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$34.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$36.72 / $37.29Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-0.019Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.6 / 31.2Bullish
Williams %R (14)

Neutral zone

-64.4Range
CCI (20)

Balanced zone

-64.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.4763 (1.32%)Bullish
Bollinger Bands (20,2)

Width 5.03%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$37.54 / $35.58Bullish
ATR channel lower / upper

Current Volatility Envelope

$35.71 / $36.67Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.3Bearish
OBV slope

20-period OBV slope

-5.57%Bearish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.92Range
Support

Nearest Downside Decision Level

$35.66Range

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