Trading Signals: CMG Stock Price Prediction and Forecast

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

Fri. Mar. 31, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1708.2900 (2.16%) ($1676.3400 - $1709.0000) on Fri. Mar. 31, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.64% (three month average)
RSI   85
Latest Price   $1708.2900(2.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 1% a day on average for past five trading days.
Weekly Trend   CMG advances 2.2% 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(28%)    ARKK(21%)    BLOK(19%)    ARKG(15%)    IPO(14%)
Factors Impacting CMG price   CMG will decline at least -0.82% in a week (0% probabilities).
TIP(-14%)    SHY(-12%)    USO(-11%)    VCSH(-10%)    GLD(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.82% (StdDev 1.64%)
Hourly BBV 1.5 ()
Intraday Trend 1.8%

5 Day Moving Average   $1667.58(2.44%)
10 Day Moving Average   $1647.13(3.71%)
20 Day Moving Average   $1607.62(6.26%)
To recent high   -0.8%
To recent low   25.2%
Market Cap   $47.818b

$. CMG price fluctuates within 3.46% (three month std-dev: 1.64%) daily (68% of days).

Sample size 50 Average positive next day return: 0.97%(54%) Average negative next day return: -1.36%(46%) Sample size 50 Average positive next three day return: 1.95%(40%) Average negative next three day return: -1.56%(60%) Sample size 50 Average positive next weekly return: 1.82%(56%) Average negative next weekly return: -2.91%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230501

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	Mar_31_2023	1545.17	1607.62	1647.13	1667.58	1665.86	1680.3	1708.29(2.16%)	UT	HoldLong	65	0.7	708	60	809	406	0.29	65%	0.16	79.5	1.64%	1.5	1.8	85	0.1
2	Mar_30_2023	1542.7	1597.6	1636.78	1650.77	1652.97	1661.9	1672.17(0.93%)	UT	HoldLong	65	0.4	456	40	514	281	0.22	64%	0.2	76.2	1.63%	1.5	1.4	84	-0.1
3	Mar_29_2023	1539.61	1588.82	1631.74	1642.84	1642.81	1651.43	1656.72(0.23%)	UT	HoldLong	65	0.3	287	40	313	207	0.18	64%	0.18	69.1	1.64%	0.8	1.2	82	-0.2
4	Mar_28_2023	1536.83	1580.34	1625.24	1635.99	1638.27	1644.04	1652.9(0.31%)	UT	HoldLong	65	0.3	332	30	365	232	0.16	64%	0.17	60.1	1.66%	0.7	1.3	84	-0.3
5	Mar_27_2023	1534.16	1572.26	1619.01	1631.01	1634.69	1634.18	1647.82(1.45%)	UT	HoldLong	65	0.3	145	0	141	155	0.24	64%	0.17	52.1	1.67%	1.5	1.4	86	-0.5

6	Mar_24_2023	1531.55	1564.54	1611.02	1623.49	1629.96	1632.5	1624.25(-0.51%)	UD	OpenLong	75	0	41	20	18	111	0.23	64%	0.16	38.6	1.67%	-1.1	1.1	85	-0.6
7	Mar_23_2023	1529.13	1557.24	1604.08	1620.41	1624.58	1635.19	1632.53(0.62%)	UT	HoldLong	65	0.2	313	50	336	245	0.2	64%	0.15	26.2	1.68%	-0.6	1.4	85	-0.8
8	Mar_22_2023	1526.79	1551.45	1596.08	1618.93	1618.75	1627.42	1622.47(-0.34%)	UD	OpenLong	75	0.1	448	40	490	320	0.23	64%	0.1	15.1	1.68%	1.2	1.4	86	-0.8
9	Mar_21_2023	1525.29	1547.49	1587.41	1612.61	1613.99	1613.98	1627.96(1.1%)	UT	HoldLong	65	0.3	278	0	289	245	0.21	64%	0.09	3.6	1.69%	1.8	1.7	89	-0.8
10	Mar_20_2023	1523.94	1543.95	1575.82	1605.17	1604.51	1610.08	1610.23(0.09%)	UT	HoldLong	50	0.1	4	20	-33	114	0.26	64%	0.07	-5.1	1.69%	-0.6	1.5	85	-1

11	Mar_17_2023	1522.84	1543.53	1565.54	1596.39	1600.19	1614	1608.84(-1%)	UD	OpenLong	75	0.3	624	70	699	398	0.33	59%	0.1	-7.4	1.73%	0.1	1.4	82	-1.3
12	Mar_16_2023	1521.36	1543.35	1555.63	1584.76	1585.51	1598.93	1625.14(2.15%)	UT	HoldLong	65	0.9	549	60	613	358	0.35	59%	0.1	-12.9	1.74%	1.8	1.7	90	-1.2
13	Mar_15_2023	1519.81	1543.84	1542.35	1569.96	1571.5	1586.37	1590.87(0.01%)	UT	OpenLong	75	0.4	503	70	565	317	0.24	53%	0	-18.9	1.74%	1.3	0.9	65	-1.5
14	Mar_14_2023	1519.74	1545.73	1531.68	1558.39	1563.03	1572.08	1590.76(1.56%)	UT	OpenLong	75	0.6	634	50	727	353	0.28	53%	0.03	-30	1.79%	0.7	0.8	55	-1.6
15	Mar_13_2023	1519.27	1546.3	1521.35	1542.18	1546.08	1556.63	1566.34(1.01%)	UT	OpenLong	75	0.4	239	60	273	137	0.27	53%	0.01	-44.6	1.78%	0.7	0.4	46	-2

16	Mar_10_2023	1519.1	1546.89	1513.88	1529.94	1534.86	1553.98	1550.71(-0.03%)	UD	OpenLong	75	0.4	596	100	705	270	0.35	55%	0.01	-59.4	1.79%	0.3	0.1	34	-2.3
17	Mar_9_2023	1518.95	1549.39	1506.37	1521.79	1523.88	1535.54	1551.1(1.18%)	UT	OpenLong	75	0.5	621	60	745	248	0.36	55%	0.02	-68.6	1.81%	0.8	0	33	-2.6
18	Mar_8_2023	1518.7	1553.26	1502.78	1510.63	1512.4	1515.74	1533.06(1.55%)	UT	OpenLong	75	0.4	190	20	250	9	0.28	55%	-0.01	-71.9	1.8%	1.9	-0.3	25	-3
19	Mar_7_2023	1518.81	1562.01	1503.85	1500.97	1503.7	1512.23	1509.68(0.3%)	N/A	N/A	0	0.1	135	50	194	-44	0.19	55%	-0.02	-61.3	1.8%	-0.7	-0.8	23	-4.4
20	Mar_6_2023	1519.15	1571.16	1509.1	1497.25	1497.49	1509.06	1505.13(-0.32%)	UD	OpenLong	75	0.1	368	50	473	53	0.24	51%	-0	-54.4	1.8%	-0	-0.9	31	0.3

21	Mar_3_2023	1519.18	1580.35	1519.35	1495.17	1492.36	1495.18	1510(0.99%)	RB	SmallLong	20	0.2	217	10	293	-12	0.24	49%	-0.03	-49.7	1.87%	1.5	-0.9	39	0.2
22	Mar_2_2023	1519.68	1589.21	1529.63	1488.52	1489.82	1485.91	1495.27(0.71%)	DP	OpenShort	-75	0.1	-126	-20	-108	-179	0.17	49%	-0.02	-47.1	1.88%	1.2	-1.2	33	1.5
23	Mar_1_2023	1519.97	1597.34	1544.98	1493.96	1490.31	1489.55	1484.77(-0.42%)	DT	OpenShort	-75	-0.1	-309	-10	-326	-258	0.17	49%	-0	-42	1.89%	-1.8	-1.5	28	1.5
24	Feb_28_2023	1520.03	1605.86	1560.78	1507.49	1503.25	1493.74	1491.08(-0.25%)	DT	HoldShort	-65	-0.2	-205	-50	-205	-204	0.23	53%	0.01	-36.7	1.97%	0.2	-1.6	22	0.6
25	Feb_27_2023	1519.87	1612.49	1573.5	1523.12	1520.48	1491.07	1494.75(1.22%)	DP	OpenShort	-75	-0.4	-811	-140	-918	-489	0.28	53%		-32.8	1.97%	-0.4	-1.8	27	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

Click to see actual return for next trading day.