Trading Signals: CMG Stock Price Prediction and Forecast

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

Wed. Dec. 23, 2020

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1410.9900 (-1.07%) ($1406.0500 - $1435.5220) on Wed. Dec. 23, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.03% (three month average)
RSI   72
Latest Price   $1410.9900(-1.07%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.2% a day on average for past five trading days.
Weekly Trend   CMG advances 3.4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Value stock 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(-36%)    UUP(-17%)    VXX(-13%)    TBT(-8%)    EDOC(-3%)
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 -1.6%

5 Day Moving Average   $1416.71(-0.4%)
10 Day Moving Average   $1378.48(2.36%)
20 Day Moving Average   $1347.18(4.74%)
To recent high   -1.1%
To recent low   18.7%
Market Cap   $39.496b

$. CMG price fluctuates within 3.65% (three month std-dev: 2.03%) daily (68% of days).

Sample size 50 Average positive next day return: 1.54%(42%) Average negative next day return: -1.37%(58%) Sample size 50 Average positive next three day return: 3.45%(46%) Average negative next three day return: -3.12%(54%) Sample size 50 Average positive next weekly return: 4.57%(54%) Average negative next weekly return: -3.97%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210123

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	Dec_23_2020	1282.93	1347.18	1378.48	1416.71	1416.51	1419.85	1410.99(-1.07%)	UD	OpenLong	75	-0.1	218	20	227	192	0.2	55%	0.19	69.6	2.03%	0	1.3	72	0.5
2	Dec_22_2020	1280.44	1339.82	1368.96	1414.63	1412.6	1413.06	1426.3(0.59%)	UT	HoldLong	65	0.2	107	-0	95	143	0.33	57%	0.22	67.9	2.02%	0	1.7	77	-0.7
3	Dec_21_2020	1277.62	1332.33	1360.4	1398.66	1406.76	1413.17	1417.99(-0.04%)	UD	OpenLong	75	0.4	287	50	311	216	0.3	57%	0.21	65.1	2.04%	0	1.8	68	-1.6
4	Dec_18_2020	1274.96	1325.74	1352.7	1376.97	1388.43	1412.13	1418.57(0.63%)	UT	OpenLong	75	1	627	140	714	364	0.44	57%	0.21	61.8	2.04%	0	2.2	72	1.2
5	Dec_17_2020	1272.24	1319.86	1343.64	1353.26	1360.65	1400.35	1409.68(0.65%)	UT	OpenLong	75	1.5	1065	220	1236	551	0.38	54%	0.2	60.4	2.05%	0	2.4	69	1.6

6	Dec_16_2020	1269.64	1313.76	1333.07	1334.77	1336.46	1364.73	1400.62(4.02%)	UT	OpenLong	75	2.2	1164	150	1357	584	0.7	54%	0.23	55	2.09%	0	2.9	71	1.5
7	Dec_15_2020	1266.73	1306.87	1322.24	1317.44	1315.76	1320.95	1346.46(2.82%)	UT	OpenLong	75	1.2	281	20	322	157	0.39	51%	0.16	54.6	2.04%	0	1.6	68	0.8
8	Dec_14_2020	1264.67	1302.58	1319.41	1317.35	1315.17	1308.18	1309.52(0.73%)	DP	OpenShort	-75	-0.3	-148	-40	-185	-36	0.24	47%	0.14	51.6	2.01%	0	0.3	57	-0.6
9	Dec_11_2020	1262.86	1299.89	1317.82	1324.86	1323.19	1310.58	1300(-1.31%)	DT	OpenShort	-75	-0.9	-331	-70	-403	-114	0.18	47%	0.14	42.6	2.03%	0	0	53	0.3
10	Dec_10_2020	1261.06	1298.06	1318.01	1331.79	1330.84	1322.16	1317.23(0.25%)	DP	OpenShort	-75	-0.5	-307	-50	-377	-96	0.17	47%	0.11	40.2	2.02%	0	0.7	51	0.9

11	Dec_9_2020	1259.72	1297.23	1314.35	1330.09	1333.58	1335.8	1313.98(-2.38%)	UD	OpenLong	75	-0.6	13	20	0	50	0.23	47%	0.12	43.4	2.03%	0	0.6	54	1
12	Dec_8_2020	1258.2	1293.86	1309.73	1326.7	1327.55	1339.52	1346(-0.08%)	UD	OpenLong	75	0.7	298	70	337	180	0.26	49%	0.15	43.2	2.02%	0	1.8	66	1.6
13	Dec_7_2020	1256.36	1290.23	1303.04	1321.71	1318.74	1331.35	1347.1(0.94%)	UT	OpenLong	75	0.9	469	60	538	260	0.25	49%	0.17	57.7	2.02%	0	2.1	67	1.1
14	Dec_4_2020	1254.23	1288.65	1297.13	1310.17	1309.39	1315.57	1334.62(1.98%)	UT	OpenLong	75	1	324	30	369	187	0.22	49%	0.17	72.5	2.03%	0	1.8	67	1.2
15	Dec_3_2020	1252.16	1287.05	1294.1	1302.8	1300.56	1306.12	1308.76(0.91%)	UT	OpenLong	75	0.3	146	20	159	105	0.21	46%	0.14	82.8	2.02%	0	0.9	62	0.9

16	Dec_2_2020	1250.39	1285.4	1292.62	1296.39	1295.07	1303.2	1297(-1.82%)	UD	OpenLong	75	0	276	40	315	157	0.22	46%	0.16	83	2.07%	0	0.5	48	1
17	Dec_1_2020	1248.43	1281.36	1289.95	1289.55	1287.35	1295	1321.06(2.45%)	UT	OpenLong	75	1.1	264	40	302	149	0.34	50%	0.19	44.2	2.06%	0	1.4	63	1
18	Nov_30_2020	1246.08	1274.98	1283.82	1281.54	1280.46	1286.93	1289.43(-0.64%)	UD	OpenLong	75	0.2	153	30	175	85	0.27	48%	0.14	14	2.11%	0	0.4	52	1.1
19	Nov_27_2020	1244.35	1270.88	1280.27	1282.17	1280.16	1279.71	1297.77(1.65%)	UT	OpenLong	75	0.4	75	-10	88	36	0.15	48%	0.25	-3.5	2.12%	0	0.7	45	1.1
20	Nov_25_2020	1241.23	1268.11	1276.4	1284.71	1283.33	1274	1276.68(1.1%)	DP	OpenShort	-75	-0.2	-220	-50	-257	-109	0.19	50%	0.14	-9	2.09%	0	0.2	45	1.3

21	Nov_24_2020	1239.55	1266.96	1278.84	1288.57	1290.03	1280.6	1262.82(-1.42%)	DT	OpenShort	-75	-0.7	-263	-50	-310	-120	0.35	50%	0.11	-19.9	2.11%	0	-0.1	49	1.1
22	Nov_23_2020	1238.19	1269.12	1277.41	1289.7	1291.64	1292.66	1281(-0.9%)	DT	OpenShort	-75	-0.2	-73	10	-89	-23	0.26	50%	0.04	-23	2.1%	0	0.3	61	1.1
23	Nov_20_2020	1237.75	1270.36	1277.06	1285.64	1286.75	1299.47	1292.57(-1.37%)	UD	OpenLong	75	0.2	318	70	366	172	0.2	50%	0.19	-27.1	2.1%	0	0.6	65	1.2
24	Nov_19_2020	1235.37	1272.19	1279.73	1277.41	1276.3	1290.63	1310.46(1.12%)	UT	OpenLong	75	0.8	470	80	541	258	0.24	50%	0.2	-33	2.1%	0	0.9	65	1.3
25	Nov_18_2020	1232.92	1271.31	1279.04	1267.17	1266.65	1274.03	1296(2.17%)	UT	OpenLong	75	0.6	251	40	282	156	0.3	50%		-40.9	2.11%	0	0.6	57	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

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