Trading Signals: CMG Stock Price Prediction and Forecast

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

Tue. Nov. 10, 2020

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1243.0500 (-2.74%) ($1220.2000 - $1280.3999) on Tue. Nov. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.03% (three month average)
RSI   37
Latest Price   $1243.0500(-2.74%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.5% a day on average for past five trading days.
Weekly Trend   CMG declines -1.1% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
IWF(64%)    IVW(63%)    QQQ(62%)    VUG(61%)    SKYY(60%)
Factors Impacting CMG price   CMG will decline at least -1.015% in a week (0% probabilities).
VIXM(-34%)    UUP(-18%)    VXX(-13%)    TBT(-8%)    EDOC(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.015% (StdDev 2.03%)
Hourly BBV 0 ()
Intraday Trend -2.3%

Resistance Level   $1290.42
5 Day Moving Average   $1287.01(-3.42%)
10 Day Moving Average   $1254.42(-0.91%)
20 Day Moving Average   $1290.42(-3.67%)
To recent high   -9.9%
To recent low   8.4%
Market Cap   $34.795b

$. CMG price fluctuates within 3.94% (three month std-dev: 2.03%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -4.92%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -5.23%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -6.77%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201210

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_10_2020	1219.06	1290.42	1254.42	1287.01	1294.83	1279.86	1243.05(-2.74%)	DT	OpenShort	-75	-0.9	-676	-60	-785	-348	0.55	51%	0.14	-1.8	2.03%	0	-0.9	37	1.7
2	Nov_9_2020	1217.32	1294.65	1260.69	1280.31	1296.93	1310.68	1278.13(-3.62%)	UD	OpenLong	75	-0	343	110	419	116	0.5	53%	0.22	0.5	2.01%	0	-0.3	42	1.4
3	Nov_6_2020	1214.62	1294.88	1263.34	1262.39	1271.28	1309.8	1326.17(1.21%)	UT	OpenLong	75	1.3	966	230	1160	382	0.27	57%	0.25	-7	1.96%	0	0.6	48	1.7
4	Nov_5_2020	1211.62	1292.58	1263.12	1237.45	1241.2	1283.19	1310.32(2.58%)	UT	OpenLong	75	1.5	1352	250	1624	534	0.3	57%	0.24	-18.9	1.96%	0	0.4	46	1
5	Nov_4_2020	1208.72	1291.12	1261.21	1223.95	1219.91	1232.76	1277.37(5.61%)	UT	OpenLong	75	1.1	747	60	922	222	0.56	55%	0.21	-22.6	1.93%	0	-0.3	41	0.8

6	Nov_3_2020	1206.24	1291.35	1268.95	1219.18	1216.79	1199.21	1209.55(1.77%)	DP	OpenShort	-75	-0.2	-482	-110	-521	-363	0.32	49%	0.16	-22.1	1.82%	0	-1.6	35	-0.6
7	Nov_2_2020	1204.36	1294.37	1282.85	1239.3	1234.26	1207.06	1188.54(-1.08%)	DT	OpenShort	-75	-1.1	-1088	-170	-1243	-622	0.37	49%	0.17	-12.1	1.81%	0	-2.2	31	-1.4
8	Oct_30_2020	1202.37	1298.44	1298.25	1263.99	1262.43	1234.37	1201.48(-3.32%)	DT	OpenShort	-75	-1.5	-1003	-160	-1156	-543	0.49	49%	0.17	1.5	1.81%	0	-2.3	43	-1.7
9	Oct_29_2020	1200.34	1301.9	1312.89	1291.51	1285.6	1261.46	1242.8(-0.86%)	DT	OpenShort	-75	-1.3	-975	-150	-1137	-487	0.28	57%	0.18	23	1.76%	0	-1.5	47	-1.4
10	Oct_28_2020	1198.18	1302.33	1323.52	1303.01	1303.36	1290.48	1253.54(-4.32%)	DT	OpenShort	-75	-1.3	-532	-70	-625	-251	0.48	54%	0.18	32.8	1.8%	0	-1.3	49	-2.6

11	Oct_27_2020	1196.02	1302.41	1331.2	1325.63	1307.61	1309.74	1310.15(-0.14%)	DT	OpenShort	-75	-0.4	-320	-30	-389	-114	0.3	59%	0.22	49.8	1.75%	0	0.2	59	-0.5
12	Oct_26_2020	1193.39	1300.13	1333.03	1333.3	1319.1	1316.24	1311.98(-2.02%)	UD	OpenLong	75	-0.6	139	-50	143	128	0.54	59%	0.22	58.7	1.76%	0	0.3	64	-0.4
13	Oct_23_2020	1190.77	1297.8	1330.52	1338.02	1328.44	1305.48	1339.08(2.98%)	DP	OpenShort	-75	0	-459	-140	-566	-139	0.76	55%	0.25	67.3	1.73%	0	1	70	1.1
14	Oct_22_2020	1187.77	1293.09	1325.17	1338.14	1333.59	1321.97	1300.29(-4.86%)	DT	OpenShort	-75	-0.9	-854	-70	-1031	-322	1.3	52%	0.21	70.3	1.84%	0	0.2	65	1.2
15	Oct_21_2020	1185.24	1289.81	1324.03	1346.73	1347.37	1351.4	1366.66(1.35%)	UT	HoldLong	65	0.5	295	20	311	247	0.79	58%	0.26	76.2	1.74%	0	1.8	90	0.9

16	Oct_20_2020	1182.13	1283.64	1315.12	1337.67	1340.11	1345.21	1348.47(0.96%)	UT	HoldLong	65	0.3	161	30	153	183	0.33	58%	0.26	73.8	1.73%	0	1.7	85	0.6
17	Oct_19_2020	1179.09	1277.8	1306.06	1333.02	1334.65	1343.34	1335.59(-0.31%)	UD	OpenLong	75	0.1	382	50	415	281	0.32	58%	0.28	66.4	1.75%	0	1.5	73	0.7
18	Oct_16_2020	1175.74	1271.36	1297.93	1321.69	1324.88	1335.02	1339.68(-0.27%)	UD	OpenLong	75	0.5	475	60	530	310	0.3	58%	0.3	52.4	1.75%	0	1.8	73	1.4
19	Oct_15_2020	1172.26	1265.03	1289.32	1310.15	1309.68	1325.95	1343.25(1.66%)	UT	HoldLong	65	1	450	90	504	287	0.26	61%	0.31	37.1	1.75%	0	2.2	78	1.6
20	Oct_14_2020	1168.69	1258.86	1278.61	1297.85	1299.62	1314.74	1321.37(-0.29%)	UD	OpenLong	75	0.8	708	90	812	395	0.28	61%	0.26	19.6	1.77%	0	2.1	78	2

21	Oct_13_2020	1165.62	1255.67	1270.64	1289.31	1287.71	1293.41	1325.22(3.62%)	UT	OpenLong	75	1.4	326	30	366	204	0.4	61%	0.14	3.3	1.77%	0	2.6	69	2.1
22	Oct_12_2020	1163.99	1252.75	1263.68	1275.55	1281.65	1284.51	1278.93(-0.24%)	UD	OpenLong	75	0.2	157	30	171	113	0.2	57%	0.2	-18	1.76%	0	1.2	65	2.7
23	Oct_9_2020	1161.71	1251.92	1261.92	1270.37	1276.1	1282	1281.99(0.02%)	UT	OpenLong	75	0.5	204	50	225	142	0.24	57%	0.22	-32.6	1.76%	0	1.3	73	2.6
24	Oct_8_2020	1159.11	1252.28	1258.09	1264.93	1268.52	1278.79	1281.75(0.24%)	UT	OpenLong	75	0.7	380	70	432	225	0.24	57%	0.22	-41.8	1.76%	0	1.2	68	1.7
25	Oct_7_2020	1156.54	1253.15	1252.83	1256.18	1257.97	1270.2	1278.68(1.77%)	UT	OpenLong	75	0.8	416	70	477	231	0.24	57%		-56.6	1.76%	0	0.9	64	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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