Trading Signals: CMG Stock Price Prediction and Forecast

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

Thu. Jan. 26, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1606.2900 (2.71%) ($1578.9400 - $1618.2900) on Thu. Jan. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.02% (three month average)
RSI   82
Latest Price   $1606.2900(2.71%)
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 5.2% 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)
BOTZ(34%)    ARKK(32%)    BLOK(29%)    ARKG(26%)    XLK(26%)
Factors Impacting CMG price   CMG will decline at least -1.01% in a week (0% probabilities).
VIXM(-13%)    TIP(-13%)    SHY(-10%)    USO(-9%)    GLD(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.01% (StdDev 2.02%)
Hourly BBV 1.3 ()
Intraday Trend 1.5%

5 Day Moving Average   $1583.58(1.43%)
10 Day Moving Average   $1554.07(3.36%)
20 Day Moving Average   $1484.14(8.23%)
To recent high   -1.3%
To recent low   17.7%
Market Cap   $44.963b

$. CMG price fluctuates within 5.43% (three month std-dev: 2.02%) daily (68% of days).

Sample size 5 Average positive next day return: 0.78%(60%) Average negative next day return: -1.34%(40%) Sample size 5 Average positive next three day return: 1.55%(40%) Average negative next three day return: -4.06%(60%) Sample size 5 Average positive next weekly return: 3.48%(80%) Average negative next weekly return: -4.18%(20%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_26_2023	1519.96	1484.14	1554.07	1583.58	1583.38	1580.05	1606.29(2.71%)	UT	HoldLong	65	0.3	225	-20	219	241	0.31	56%	-0.05	57.1	2.02%	1.3	1.5	82	-1.6
2	Jan_25_2023	1520.72	1473.42	1541.44	1563.15	1568.2	1580.85	1563.98(-1.95%)	UD	OpenLong	75	0	114	70	92	179	0.36	55%	-0.05	50.5	2.18%	-0.9	1.2	77	-1.6
3	Jan_24_2023	1521.45	1465.58	1530.76	1552.76	1552.18	1586.72	1595.09(-0.14%)	UD	OpenLong	75	0.5	820	150	921	517	0.23	55%	0.05	45.1	2.19%	0.6	1.7	83	-1.5
4	Jan_23_2023	1520.68	1455.72	1515.92	1544.05	1537.29	1555.55	1597.35(2.71%)	UT	HoldLong	65	0.7	908	70	1022	564	0.33	55%	-0.01	39.8	2.19%	1.4	2	79	-1.6
5	Jan_20_2023	1520.88	1446.41	1496.48	1529.5	1526.47	1517.65	1555.19(3.39%)	UT	OpenLong	75	0.4	81	-50	53	166	0.29	53%	-0.04	30.5	2.16%	1.3	1.7	72	-1.3

6	Jan_19_2023	1521.49	1439.5	1477.92	1520.95	1520.74	1519.04	1504.14(-0.52%)	DT	OpenShort	-75	-0.3	-286	-10	-378	-11	0.17	51%	-0.06	20.1	2.12%	-1.1	1.1	71	-1.2
7	Jan_18_2023	1522.45	1434.76	1465.73	1515.97	1520.6	1535.28	1512.04(-2.55%)	UD	OpenLong	75	-0.1	501	80	550	354	0.23	51%	-0.07	7	2.13%	-0.5	1.4	67	-1.1
8	Jan_17_2023	1523.5	1431.65	1451.94	1503.84	1503.49	1522.43	1551.54(1.77%)	UT	OpenLong	75	0.9	626	90	702	399	0.33	53%	-0.13	-4.3	2.1%	1.8	2.2	70	-1.6
9	Jan_13_2023	1525.48	1427.44	1434.88	1482.88	1482.84	1505.92	1524.57(0.8%)	UT	OpenLong	75	0.9	706	110	803	413	0.29	50%	-0.09	-22.4	2.13%	1.3	2.2	68	-1.9
10	Jan_12_2023	1526.91	1426.97	1422.05	1458.38	1462.58	1484.55	1512.47(2.25%)	UT	OpenLong	75	1.3	856	110	989	457	0.28	50%	-0.09	-38.5	2.15%	1.5	2.1	62	-1.6

11	Jan_11_2023	1528.25	1427.64	1407.92	1428.72	1434.45	1459.75	1479.21(1.91%)	UT	OpenLong	75	1.1	717	140	838	355	0.25	48%	-0.1	-50.2	2.15%	1.5	1.2	57	-1.9
12	Jan_10_2023	1529.81	1430.76	1399	1408.09	1407.28	1440.61	1451.43(0.32%)	UT	OpenLong	75	0.9	843	160	993	391	0.2	48%	-0.13	-55.9	2.14%	0.9	0.4	56	-2.1
13	Jan_9_2023	1531.75	1433.9	1394.3	1392.03	1389.69	1409.14	1446.74(3.19%)	UT	OpenLong	75	0.9	843	90	1001	368	0.36	48%	-0.15	-61.8	2.14%	1.5	0.2	45	-2
14	Jan_6_2023	1534.07	1437.57	1389.64	1380.18	1377.49	1373.95	1402.06(2.78%)	RB	SmallLong	20	0.3	55	-20	83	-28	0.28	45%	-0.21	-70.1	2.11%	2.2	-0.6	32	-1.8
15	Jan_5_2023	1537.26	1442.81	1391.46	1380.76	1377.82	1370.23	1364.16(-0.86%)	DT	HoldShort	-65	-0.3	-361	-40	-400	-243	0.26	42%	-0.23	-75.3	2.08%	-0.5	-1.2	18	-1

16	Jan_4_2023	1540.77	1450.17	1397.87	1383.58	1387.43	1381.04	1376.05(0.36%)	DP	OpenShort	-75	-0.1	-148	-20	-144	-160	0.27	42%	-0.23	-79	2.08%	-0.8	-1.2	18	-0.9
17	Jan_3_2023	1544.27	1459.74	1401.88	1387.97	1389.91	1385.42	1371.13(-1.18%)	DT	HoldShort	-65	-0.3	-277	-20	-290	-239	0.32	42%	-0.29	-77.2	2.1%	-1.2	-1.4	16	-0.1
18	Dec_30_2022	1548.76	1471.22	1410.78	1396.22	1395.85	1393.81	1387.49(-1.24%)	DT	OpenShort	-75	-0.1	-95	-10	-74	-157	0.23	40%	-0.16	-62.3	2.1%	-1.1	-1.2	27	1
19	Dec_29_2022	1551.24	1482.86	1420.33	1400.28	1399.89	1394.4	1404.95(1.94%)	DP	OpenShort	-75	0.1	-119	-30	-101	-172	0.26	40%	-0.17	-51.1	2.12%	0	-1.1	28	-57.9
20	Dec_28_2022	1553.83	1493.7	1432.72	1404.33	1401.03	1397.89	1378.28(-1.41%)	DT	OpenShort	-75	-0.3	-318	-20	-337	-260	0.19	40%	-0.17	-41.2	2.11%	-2.3	-1.5	28	1.3

21	Dec_27_2022	1556.49	1502.84	1449.3	1414.35	1411.78	1405.38	1398(-1.02%)	DT	OpenShort	-75	-0.2	-40	-40	-15	-115	0.17	40%	-0.17	-36.9	2.12%	-0.5	-1.4	31	1.2
22	Dec_23_2022	1559.2	1509.84	1465.19	1417.74	1414.69	1404.17	1412.36(0.32%)	DP	OpenShort	-75	-0.1	-408	-60	-448	-288	0.21	40%	-0.11	-37.6	2.11%	0.1	-1.5	25	1.3
23	Dec_22_2022	1560.94	1515.56	1476.69	1427.69	1422.38	1418.19	1407.8(-1.22%)	DT	HoldShort	-65	-0.3	-366	-30	-398	-271	0.24	37%	-0.11	-33.8	2.12%	-0.8	-1.7	21	1.8
24	Dec_21_2022	1562.73	1521.3	1489.38	1443.64	1438.07	1425.22	1425.19(-0.22%)	DT	HoldShort	-65	-0.3	-269	-70	-284	-223	0.22	37%	-0.08	-31	2.18%	-0.2	-1.6	21	1.6
25	Dec_20_2022	1563.99	1526	1498.45	1466.26	1455.39	1426.57	1428.38(0.95%)	DP	OpenShort	-75	-0.7	-866	-160	-987	-502	0.29	37%		-23.7	2.19%	0	-1.8	21	1
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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