Trading Signals: CMG Stock Price Prediction and Forecast

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

Mon. Nov. 20, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $2186.6900 (1.13%) ($2160.0000 - $2193.2000) on Mon. Nov. 20, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.27% (three month average)
RSI   93
Latest Price   $2186.6900(1.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.3% a day on average for past five trading days.
Weekly Trend   CMG advances 3.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
SPLV(60%)    IVW(52%)    XLP(49%)    XLV(48%)    IWF(44%)
Factors Impacting CMG price   CMG will decline at least -0.635% in a week (0% probabilities).
IWC(-37%)    XLE(-29%)    VIXM(-28%)    TIP(-24%)    XHB(-23%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.635% (StdDev 1.27%)
Hourly BBV 2.5 ()
Intraday Trend 0.8%

5 Day Moving Average   $2168.77(0.83%)
10 Day Moving Average   $2138.24(2.27%)
20 Day Moving Average   $2044.04(6.98%)
To recent high   0%
To recent low   22.7%
Market Cap   $61.21b

$. CMG price fluctuates within 6.17% (three month std-dev: 1.27%) daily (68% of days).

Sample size 49 Average positive next day return: 2.09%(49%) Average negative next day return: -1.72%(51%) Sample size 49 Average positive next three day return: 3.32%(55%) Average negative next three day return: -3.06%(45%) Sample size 49 Average positive next weekly return: 5.16%(55%) Average negative next weekly return: -4.08%(45%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231220

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	Nov_20_2023	1947.87	2044.04	2138.24	2168.77	2169.12	2174.11	2186.69(1.13%)	UT	HoldLong	65	0.1	316	20	320	302	0.2	70%	0.02	69.5	1.27%	2.5	1.1	93	1.4
2	Nov_17_2023	1947.39	2025.96	2126.53	2161.52	2166.2	2167.87	2162.22(-0.5%)	TP	CloseLong	-10	0	362	10	365	351	0.14	70%	0.03	68.5	1.26%	-0.2	1.1	93	1.5
3	Nov_16_2023	1946.87	2009.56	2114.72	2153.19	2157.35	2164.13	2173.1(0.8%)	UT	HoldLong	65	0.2	328	30	318	359	0.26	70%	0.04	69.3	1.27%	1.1	1.3	96	1.5
4	Nov_15_2023	1946.15	1993.1	2100.97	2137.59	2143.71	2164.52	2155.81(-0.47%)	UD	OpenLong	75	0.1	884	80	961	653	0.2	70%	0.05	69.9	1.27%	0	1.3	97	1.6
5	Nov_14_2023	1945.25	1977.12	2084.46	2123.23	2126.74	2150.56	2166.02(0.72%)	UT	HoldLong	65	0.4	1467	80	1640	946	0.23	70%	0.07	69.4	1.27%	0.9	1.6	89	1.5

6	Nov_13_2023	1943.9	1959.89	2062.43	2102.98	2104.05	2122.89	2150.43(1.41%)	UT	HoldLong	65	0.4	1095	60	1202	772	0.26	70%	0.06	67.8	1.27%	1.7	1.6	85	1.4
7	Nov_10_2023	1942.82	1942.49	2038.69	2086.7	2086.94	2102.93	2120.58(1.22%)	UT	HoldLong	65	0.3	966	50	1048	721	0.22	69%	0.04	65.8	1.26%	1.8	1.6	86	1.4
8	Nov_9_2023	1942.11	1925.28	2015.8	2070.69	2072.95	2085.21	2095.11(0.53%)	UT	HoldLong	65	0.2	849	40	909	668	0.2	69%	0.01	63.6	1.25%	1.2	1.6	82	0.9
9	Nov_8_2023	1941.9	1909.84	1987.96	2058.75	2059.24	2070.94	2084(0.93%)	UT	HoldLong	65	0.3	724	40	767	594	0.18	69%	0.02	61.7	1.25%	1.7	1.7	78	1.6
10	Nov_7_2023	1941.56	1896.19	1963.91	2039.27	2045.01	2060.69	2064.78(-0.21%)	UD	OpenLong	75	0.3	1013	60	1114	710	0.19	69%	0.06	59.7	1.27%	0.6	1.8	77	1.7

11	Nov_6_2023	1940.3	1883.86	1942.68	2014.76	2020.58	2047.54	2069.05(1.4%)	UT	HoldLong	65	0.6	1336	100	1500	842	0.22	69%	0.02	57.2	1.27%	1.4	2.2	79	1.9
12	Nov_3_2023	1939.93	1871.2	1917.31	1982.81	1988.51	2029.33	2040.53(0.25%)	UT	HoldLong	65	0.8	1968	150	2255	1105	0.24	63%	-0.01	51.8	1.28%	0.9	2.3	79	1.9
13	Nov_2_2023	1940.05	1859.52	1895.64	1952.22	1952.84	1993.62	2035.37(2.45%)	UT	HoldLong	65	1.3	2212	150	2550	1196	0.36	63%	-0.01	46.7	1.28%	1.3	2.8	80	1.9
14	Nov_1_2023	1940.31	1849.76	1875.56	1906.44	1922.19	1947.69	1986.64(2.29%)	UT	OpenLong	75	1.7	1998	120	2312	1054	0.34	60%	-0.04	36.6	1.25%	1.8	2.9	75	1.6
15	Oct_31_2023	1941.12	1842.47	1859.91	1877.49	1886.27	1912.05	1942.2(1.72%)	UT	OpenLong	75	1.8	989	110	1135	550	0.39	60%	-0.06	32.1	1.22%	1.8	2.8	65	1.3

16	Oct_30_2023	1942.36	1836.66	1847.91	1860.06	1866.34	1896.69	1909.3(1.15%)	UT	OpenLong	75	1.7	1525	120	1774	779	0.31	58%	-0.07	22.2	1.25%	0.6	2.5	60	-0.1
17	Oct_27_2023	1943.69	1833.96	1837.63	1842.14	1853.42	1860.49	1887.59(4.49%)	UT	OpenLong	75	1.9	1218	50	1421	608	0.91	42%	-0.07	7.6	1.25%	0.9	2.2	58	-1.7
18	Oct_26_2023	1945.08	1830.87	1826.96	1830.87	1835.45	1835.98	1806.47(-1.92%)	DT	OpenShort	-75	-1.2	-332	10	-393	-147	0.45	33%	-0.11	-15.7	1.64%	-1.7	-1.2	48	-1.1
19	Oct_25_2023	1947.29	1832.59	1826.24	1839.1	1839.34	1846.35	1841.87(-0.71%)	UD	OpenLong	75	0.1	278	30	325	138	0.2	35%	-0.11	-10.4	1.63%	0.1	0.4	45	-0.8
20	Oct_24_2023	1949.49	1830.89	1824.22	1838.87	1840.74	1834.91	1855.09(1.95%)	UT	OpenLong	75	0.8	93	-20	109	45	0.24	35%	-0.11	-35.3	1.63%	2.2	1.1	48	0.4

21	Oct_23_2023	1951.73	1830.29	1821.45	1833.76	1839.27	1832.34	1819.66(-0.63%)	DT	OpenShort	-75	-0.7	-340	-20	-398	-165	0.23	30%	-0.13	-58.1	1.61%	-1.5	-0.5	46	-0.7
22	Oct_20_2023	1954.21	1832.2	1822.68	1831.91	1836.96	1846.57	1831.25(-0.89%)	UD	OpenLong	75	-0	173	40	208	69	0.19	28%	-0.13	-71.4	1.61%	-1.4	-0	42	-1.3
23	Oct_19_2023	1956.77	1834.2	1821.68	1821.96	1826.8	1846.19	1847.63(0.37%)	UT	OpenLong	75	1.1	754	80	895	331	0.21	28%	-0.12	-87.8	1.62%	0.6	0.6	53	-1.4
24	Oct_18_2023	1959.1	1834.88	1822.36	1811.17	1810.26	1827.35	1840.73(0.61%)	UT	OpenLong	75	1	649	60	774	274	0.24	28%	-0.12	-91.4	1.62%	1.4	0.2	50	-0.7
25	Oct_17_2023	1961.46	1838.4	1823.52	1807.72	1801.82	1807.41	1829.51(1.05%)	UT	OpenLong	75	0.6	309	10	372	118	0.21	36%		-83.2	1.63%	1.6	-0.3	55	0.5
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.