Trading Signals: CMG Stock Price Prediction and Forecast

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

Thu. Sep. 28, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1838.7300 (1.81%) ($1803.0700 - $1848.7700) on Thu. Sep. 28, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.67% (three month average)
RSI   29
Latest Price   $1838.7300(1.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG declines -0.3% a day on average for past five trading days.
Weekly Trend   CMG declines -2.5% 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)
VUG(50%)    IWF(49%)    XLK(49%)    XLY(45%)    IVW(44%)
Factors Impacting CMG price   CMG will decline at least -0.835% in a week (0% probabilities).
VIXM(-36%)    VXX(-34%)    UUP(-14%)    UNG(-14%)    TBT(-12%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.835% (StdDev 1.67%)
Hourly BBV 0.6 ()
Intraday Trend 1.9%

Resistance Level   $1908.78
5 Day Moving Average   $1845.54(-0.37%)
10 Day Moving Average   $1876.61(-2.02%)
20 Day Moving Average   $1908.78(-3.67%)
To recent high   -14.6%
To recent low   1.8%
Market Cap   $51.47b

$. CMG price fluctuates within 2.31% (three month std-dev: 1.67%) daily (68% of days).

Sample size 50 Average positive next day return: 1.7%(70%) Average negative next day return: -1.45%(30%) Sample size 50 Average positive next three day return: 2.34%(68%) Average negative next three day return: -1.97%(32%) Sample size 50 Average positive next weekly return: 3.23%(64%) Average negative next weekly return: -6.11%(36%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231028

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_28_2023	1992.14	1908.78	1876.61	1845.54	1839.44	1826.76	1838.73(1.81%)	DP	OpenShort	-75	-0.2	-476	-60	-534	-303	0.3	32%	-0.11	-35.5	1.67%	0.6	-1.6	29	-0.9
2	Sep_27_2023	1994.37	1914.05	1886.27	1851	1852.02	1836.93	1806.08(-2.25%)	DT	HoldShort	-65	-1.1	-646	-60	-733	-385	0.33	28%	-0.12	-30.2	1.66%	-2.1	-2.6	18	-1.6
3	Sep_26_2023	1996.7	1919.61	1899.53	1873.88	1866.41	1852.13	1847.62(-0.65%)	DT	OpenShort	-75	-0.8	-721	-70	-827	-403	0.2	30%	-0.1	-14.6	1.66%	-1.3	-2.2	26	-3
4	Sep_25_2023	1998.61	1922.73	1908.4	1889.29	1886.65	1867.11	1859.69(-0.85%)	DT	OpenShort	-75	-1	-613	-80	-703	-342	0.21	30%	-0.09	3.3	1.66%	-1.3	-2.2	29	-1.5
5	Sep_22_2023	2000.35	1924.2	1917.54	1905.02	1902.31	1880.7	1875.58(0.51%)	DP	OpenShort	-75	-1.1	-855	-80	-993	-442	0.2	30%	-0.08	24.1	1.66%	-1	-1.8	36	-1

6	Sep_21_2023	2001.98	1924.59	1924.76	1912.4	1914.5	1906.18	1866.01(-2.84%)	DT	OpenShort	-75	-1.7	-591	-30	-685	-308	0.24	30%	-0.1	35.9	1.66%	-2.1	-2.1	38	-0.9
7	Sep_20_2023	2003.96	1926.53	1935.16	1926.43	1922.34	1923.93	1920.48(-0.22%)	DT	OpenShort	-75	-0.2	-18	-0	-16	-23	0.13	34%	-0.07	61.2	1.63%	-0.1	-0.2	45	-0
8	Sep_19_2023	2005.33	1924.42	1938.53	1928.94	1924.98	1922.81	1924.67(-0.71%)	UD	OpenLong	75	-0.2	23	-10	28	6	0.16	34%	-0.06	62.2	1.64%	-0	0	58	0.9
9	Sep_18_2023	2006.52	1921.79	1941.27	1930.61	1926.85	1920.75	1938.36(1.35%)	DP	OpenShort	-75	0.3	-187	-30	-221	-83	0.21	34%	-0.07	61.8	1.65%	0.8	0.5	62	1
10	Sep_15_2023	2007.85	1917.6	1941.37	1932.7	1928.28	1927.15	1912.5(-1.22%)	DT	OpenShort	-75	-0.6	-272	-10	-325	-111	0.25	34%	-0.06	58.3	1.64%	-2.1	-0.2	63	1

11	Sep_14_2023	2009.12	1914.77	1943.29	1939.22	1936.16	1932.96	1936.12(0.16%)	UD	OpenLong	65	-0.1	8	-20	-1	35	0.18	34%	-0.04	59.4	1.63%	0.7	0.6	72	1.5
12	Sep_13_2023	2009.89	1911.42	1943.67	1945.37	1941.92	1929.4	1933.04(0%)	DT	HoldShort	-50	-0.3	-338	-50	-412	-114	0.12	34%	0.08	65	1.63%	-0.8	0.6	62	1.3
13	Sep_12_2023	2008.31	1907.36	1941.2	1949.58	1947.56	1939.35	1933.01(-0.81%)	DT	OpenShort	-75	-0.4	-476	-30	-578	-169	0.21	34%	0.07	64.6	1.63%	-0.8	0.7	67	1
14	Sep_11_2023	2006.9	1903.34	1938.33	1953.28	1953.68	1954.44	1948.85(0.19%)	N/A	N/A	0	-0.1	-29	0	-55	51	0.19	34%	0.08	61.5	1.64%	-0.5	1.1	72	1.3
15	Sep_8_2023	2005.37	1898.23	1931.58	1951.23	1954.52	1955.78	1945.1(-1.11%)	UD	OpenLong	75	-0.2	195	10	207	160	0.23	34%	0.08	55.6	1.64%	-0.8	1.2	74	1.3

16	Sep_7_2023	2003.86	1893.24	1924.69	1947.54	1948.09	1952.92	1966.84(0.65%)	UT	HoldLong	65	0.5	75	20	65	106	0.24	34%	0.08	45.1	1.64%	2.1	1.8	81	1.2
17	Sep_6_2023	2002.19	1887.19	1917.24	1941.89	1944.18	1953.26	1954.12(0.13%)	UT	OpenLong	75	0.3	395	40	441	257	0.32	34%	0.09	34.5	1.65%	1.6	1.8	71	1.4
18	Sep_5_2023	2000.38	1882.28	1909	1931.68	1936.94	1943.26	1951.49(0.66%)	UT	OpenLong	75	0.6	437	30	492	272	0.27	34%	0.22	17.1	1.65%	2	2	74	1.7
19	Sep_1_2023	1995.9	1878.74	1900.34	1921.23	1923.83	1935.09	1938.61(0.62%)	UT	OpenLong	75	0.6	304	50	337	204	0.17	34%	0.11	-0.6	1.64%	-0.2	2	72	2.3
20	Aug_31_2023	1993.65	1875.91	1891.41	1908.87	1913.3	1930.62	1926.64(-0.62%)	UD	OpenLong	75	0.6	728	70	839	393	0.2	34%	0.12	-16.8	1.64%	0.6	1.8	71	2.3

21	Aug_30_2023	1991.3	1875.17	1883.56	1898	1897.89	1912.56	1938.57(1.86%)	UT	OpenLong	75	1.4	594	50	685	321	0.23	34%	0.12	-20.8	1.64%	1.8	2.2	75	2.2
22	Aug_29_2023	1989	1874.39	1875.86	1889.27	1888.36	1895.98	1903.08(0.2%)	UT	OpenLong	75	0.4	414	30	475	232	0.14	28%	0.11	-49.4	1.62%	1.6	0.9	67	1.7
23	Aug_28_2023	1986.85	1876.4	1870.29	1883.06	1884.17	1883.23	1899.27(1.2%)	UT	OpenLong	75	0.5	134	-0	148	93	0.17	28%	-0.05	-65.4	1.63%	2	0.6	61	1.5
24	Aug_25_2023	1987.75	1878.98	1865.2	1876.44	1880.52	1880.75	1876.78(0.24%)	DP	OpenShort	-75	0	-56	10	-71	-9	0.16	28%	0.1	-85.3	1.63%	-0.2	-0.1	44	0.2
25	Aug_24_2023	1985.77	1880.62	1862.21	1870.92	1877.33	1885.11	1872.32(-1.19%)	UD	OpenLong	75	0	288	40	337	141	0.19	28%		-112.6	1.63%	-0.6	-0.2	42	-0.6
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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