Trading Signals: CMG Stock Price Prediction and Forecast

^ CMG: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Sep. 9, 2022

Trading Signals: CMG Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Chipotle Mexican Grill, Inc.)
CMG latest price $1723.3200 (0.96%) ($1716.1600 - $1736.6950) on Fri. Sep. 9, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.75% (three month average)
RSI   56
Latest Price   $1723.3200(0.96%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 1.3% a day on average for past five trading days.
Weekly Trend   CMG advances 0.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
IVW(48%)    IWF(48%)    QQQ(47%)    SPY(46%)    SKYY(43%)
Factors Impacting CMG price   CMG will decline at least -1.375% in a week (0% probabilities).
TBT(-12%)    EDOC(-11%)    VIXM(-10%)    UUP(-10%)    VXX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.375% (StdDev 2.75%)
Hourly BBV 1.3 ()
Intraday Trend 0.2%

5 Day Moving Average   $1672.44(3.04%)
10 Day Moving Average   $1647.13(4.63%)
20 Day Moving Average   $1658.76(3.89%)
To recent high   0%
To recent low   43.1%
Market Cap   $48.239b

$. CMG price fluctuates within 2.32% (three month std-dev: 2.75%) daily (68% of days).

Sample size 14 Average positive next day return: 0.98%(71%) Average negative next day return: -3.73%(29%) Sample size 14 Average positive next three day return: 3.03%(57%) Average negative next three day return: -5.03%(43%) Sample size 14 Average positive next weekly return: 4.08%(57%) Average negative next weekly return: -5.61%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221009

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_9_2022	1433.52	1658.76	1647.13	1672.44	1672.69	1707.52	1723.32(0.96%)	UT	OpenLong	75	1.3	799	150	934	393	0.26	61%	0.15	27.6	2.75%	1.3	1.7	56	1
2	Sep_8_2022	1431.44	1653.92	1640	1650.4	1646.59	1672.34	1707.01(1.56%)	UT	OpenLong	75	1.6	775	100	912	362	0.25	61%	0.07	18.4	2.75%	1.4	1.5	46	1.3
3	Sep_7_2022	1430.46	1651.16	1632.75	1628.36	1621.31	1637.86	1680.76(2.83%)	UT	OpenLong	75	1.5	363	60	435	148	0.26	61%	0.03	11.2	2.76%	2.2	0.9	43	1.3
4	Sep_6_2022	1429.96	1648.98	1627.13	1614.71	1610.2	1620.84	1634.58(1.12%)	UT	OpenLong	75	0.6	233	40	288	68	0.23	59%	0.03	11.9	2.74%	1.1	-0.4	33	1.4
5	Sep_2_2022	1429.5	1648.58	1627.42	1615.61	1610.63	1604.76	1616.52(0.21%)	N/A	N/A	0	0	42	-30	65	-28	0.18	59%	0.01	21	2.73%	0.7	-0.9	36	1.6

6	Sep_1_2022	1429.36	1648.25	1632.7	1617.88	1613.32	1599.56	1613.15(1.02%)	DP	OpenShort	-75	-0.1	-417	-70	-475	-242	0.24	59%	0.02	26.6	2.73%	0	-1	42	1.5
7	Aug_31_2022	1429.12	1647.35	1641.94	1627.9	1627.9	1616.51	1596.8(-0.97%)	DT	OpenShort	-75	-0.8	-285	-50	-324	-166	0.19	59%	0.05	38.4	2.74%	-1.2	-1.3	47	1.9
8	Aug_30_2022	1428.46	1647.38	1652.77	1637.16	1639.44	1627.07	1612.5(-1.62%)	DT	OpenShort	-75	-0.6	-237	-50	-271	-133	0.2	59%	0.07	49.8	2.74%	-1.1	-0.8	44	2.1
9	Aug_29_2022	1427.42	1644.96	1662.89	1640.69	1643.69	1639.29	1639.08(0.69%)	DP	OpenShort	-75	-0	-219	-10	-253	-115	0.19	59%	0.07	72.8	2.75%	0.4	-0.1	52	2.2
10	Aug_26_2022	1426.44	1641.35	1668.23	1640.76	1645.96	1651.82	1627.86(-2.13%)	UD	OpenLong	75	-0.3	68	30	82	27	0.16	65%	0.06	91.8	2.8%	-1.5	-0.3	53	2

11	Aug_25_2022	1425.58	1638.63	1672.38	1649.64	1644.12	1648.09	1663.24(1.22%)	UT	OpenLong	75	0.3	55	10	62	33	0.12	65%	0.08	110	2.82%	2.2	0.5	63	1.2
12	Aug_24_2022	1424.42	1632.77	1669.71	1659.14	1651.25	1640.11	1643.13(0.8%)	DP	OpenShort	-75	-0.3	-149	-60	-181	-52	0.11	65%	0.03	120	2.83%	0.6	0.2	63	1.8
13	Aug_23_2022	1424.02	1626.67	1671.67	1671.61	1667.7	1640.16	1630.15(-0.57%)	DT	OpenShort	-75	-0.5	-471	-120	-565	-187	0.13	65%	0.01	92.7	2.84%	-1	0	62	2.1
14	Aug_22_2022	1423.82	1612.55	1673.39	1688.52	1683.47	1662.4	1639.43(-1.96%)	DT	OpenShort	-75	-0.5	-615	-100	-742	-234	0.2	65%	0.03	81.3	2.84%	-1.4	0.3	69	1
15	Aug_19_2022	1423.35	1598.3	1672.53	1699.04	1698.61	1695.23	1672.26(-2.25%)	CR	SmallShort	-20	-0.2	-110	-10	-153	19	0.25	65%	0.07	77.4	2.83%	-1.9	0.6	73	-0

16	Aug_18_2022	1422.42	1582.88	1666.06	1697.33	1697.58	1704.54	1710.73(0.31%)	UT	HoldLong	65	0.1	204	30	215	172	0.12	59%	0.1	75.7	2.81%	0.1	1	79	-0.7
17	Aug_17_2022	1421.02	1566.05	1653.64	1681.4	1682.34	1701.99	1705.49(-0.54%)	UD	OpenLong	75	0.2	320	80	353	221	0.16	59%	0.08	75.6	2.9%	0.8	1.1	81	-0.7
18	Aug_16_2022	1419.83	1549.64	1641.59	1671.96	1667.52	1690.62	1714.68(1.34%)	UT	HoldLong	65	0.3	510	90	575	314	0.23	59%	0.1	76.6	2.9%	1.2	1.3	86	-1.2
19	Aug_15_2022	1418.39	1531.08	1625.08	1656.84	1659.05	1662.7	1692.03(1.7%)	UT	HoldLong	65	0.3	419	20	462	289	0.18	59%	0.1	76.6	2.91%	1.5	1.2	93	-1.5
20	Aug_12_2022	1416.99	1512.53	1611.42	1642.8	1645.28	1644.41	1663.7(2%)	N/A	N/A	0	0.2	-59	0	-106	83	0.2	61%	0.07	74.5	2.92%	0.7	1.2	89	-2.2

21	Aug_11_2022	1415.98	1494.51	1601.25	1630.21	1637.75	1655.4	1631.09(-1.64%)	UD	OpenLong	75	0	305	90	315	274	0.33	59%	0.07	69.2	2.91%	-1.2	1	84	-1.8
22	Aug_10_2022	1415.06	1476.57	1592.24	1620.86	1622.99	1646.14	1658.29(1.17%)	UT	HoldLong	65	0.3	602	100	659	430	0.28	60%	0.07	63.8	2.93%	0.9	1.3	83	-1.6
23	Aug_9_2022	1414.03	1457.34	1577.38	1606.21	1602.66	1620.1	1639.09(1.07%)	UT	HoldLong	65	0.2	451	70	479	368	0.27	56%	0.07	59.3	2.96%	1.3	1.4	81	-1.2
24	Aug_8_2022	1413.01	1438.35	1546.9	1588.36	1589.93	1599.84	1621.81(1.31%)	UT	HoldLong	65	0.3	373	50	391	317	0.18	56%	0.02	53.8	3.06%	1.5	1.4	82	-1.8
25	Aug_5_2022	1412.66	1421.39	1518.77	1575.47	1574.91	1585.23	1600.78(1.04%)	UT	HoldLong	65	0.2	162	40	144	216	0.18	53%		53.6	3.06%	1.5	1.5	83	-1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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