Trading Signals: CMG Stock Price Prediction and Forecast

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

Wed. Jul. 7, 2021

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1583.9900 (1.12%) ($1569.0000 - $1597.9800) on Wed. Jul. 7, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.34% (three month average)
RSI   91
Latest Price   $1583.9900(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.6% a day on average for past five trading days.
Weekly Trend   CMG advances 5.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
IWF(63%)    IVW(62%)    QQQ(61%)    VUG(60%)    SKYY(59%)
Factors Impacting CMG price   CMG will decline at least -0.67% in a week (0% probabilities).
VIXM(-36%)    UUP(-16%)    VXX(-11%)    TBT(-6%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.67% (StdDev 1.34%)
Hourly BBV 1.4 ()
Intraday Trend 0.8%

5 Day Moving Average   $1561.07(1.47%)
10 Day Moving Average   $1533.32(3.3%)
20 Day Moving Average   $1463.31(8.25%)
To recent high   0%
To recent low   21.2%
Market Cap   $44.339b

$. CMG price fluctuates within 5.54% (three month std-dev: 1.34%) daily (68% of days).

Sample size 50 Average positive next day return: 1.57%(42%) Average negative next day return: -2.47%(58%) Sample size 50 Average positive next three day return: 2.88%(48%) Average negative next three day return: -3.91%(52%) Sample size 50 Average positive next weekly return: 3.48%(44%) Average negative next weekly return: -5.78%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210807

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	Jul_7_2021	1434.38	1463.31	1533.32	1561.07	1561.16	1573.71	1583.99(1.12%)	UT	HoldLong	65	0.3	592	60	629	480	0.22	67%	0.07	73.6	1.34%	1.4	1.5	91	1
2	Jul_6_2021	1433.36	1450.85	1519.87	1551.13	1551.71	1562.78	1566.41(0%)	UT	HoldLong	50	0.2	741	50	801	561	0.22	70%	0.03	70.4	1.34%	0.8	1.4	92	0.9
3	Jul_2_2021	1432.97	1438.64	1506.2	1539.41	1540.06	1548.6	1566.37(1.83%)	UT	HoldLong	65	0.3	522	40	546	451	0.23	70%	0.02	63.3	1.37%	1.5	1.6	83	1.5
4	Jul_1_2021	1432.73	1426.43	1489.79	1529.88	1528.8	1540.65	1538.23(-0.78%)	UD	OpenLong	75	0.1	507	50	528	445	0.32	68%	-0	61.1	1.36%	0.1	1.5	83	1.7
5	Jun_30_2021	1432.79	1415.96	1475.68	1520.08	1520.53	1531.52	1550.34(1.05%)	UT	HoldLong	65	0.4	839	50	917	605	0.38	68%	-0	60.4	1.36%	1.4	1.9	88	1.5

6	Jun_29_2021	1432.8	1406.01	1458.93	1501.09	1504.11	1516.95	1534.28(1.76%)	UT	HoldLong	65	0.5	635	70	680	500	0.27	68%	0.02	59.8	1.36%	1.8	1.9	88	1.4
7	Jun_28_2021	1432.49	1396.8	1442.45	1483.76	1486.4	1509.54	1507.81(-0.72%)	UD	OpenLong	75	0.4	1000	110	1114	659	0.28	66%	0	59.3	1.36%	0.7	1.8	84	1.7
8	Jun_25_2021	1432.48	1389.46	1430.45	1467.52	1467.07	1491.28	1518.75(1.98%)	UT	HoldLong	65	0.9	1404	110	1590	846	0.54	66%	0.03	61.4	1.36%	1.3	2.4	88	2
9	Jun_24_2021	1432.08	1381.15	1414.76	1443.69	1442.79	1463.26	1489.22(2.33%)	UT	HoldLong	65	1	1120	100	1262	692	0.32	63%	-0.01	61.8	1.34%	1.5	2.4	85	1.7
10	Jun_23_2021	1432.19	1373.51	1400.05	1424.69	1421.3	1442.86	1455.37(0.53%)	UT	HoldLong	65	0.8	983	100	1109	603	0.18	60%	-0.05	64.6	1.34%	0.9	2.2	79	1.7

11	Jun_22_2021	1432.88	1367.7	1387.36	1410.3	1406.66	1422.33	1447.64(1.47%)	UT	OpenLong	75	1.1	1062	70	1212	612	0.27	60%	-0.04	65.7	1.33%	1.3	2.4	66	1.4
12	Jun_21_2021	1433.5	1362.09	1375.99	1394.9	1391.33	1399.74	1426.6(1.93%)	UT	OpenLong	75	1.2	456	30	509	297	0.33	57%	-0.04	65.3	1.34%	1.7	2.4	64	0.6
13	Jun_18_2021	1434.05	1357.04	1365.53	1387.84	1383.54	1390.98	1399.63(0.39%)	UT	OpenLong	75	0.5	269	30	296	187	0.35	46%	-0.06	62.8	1.32%	1.1	1.8	55	-0.2
14	Jun_17_2021	1434.88	1353.97	1358.14	1381.28	1384.25	1382.92	1394.23(0.78%)	UT	OpenLong	75	0.6	390	-0	446	222	0.33	46%	-0.05	65	1.38%	1.1	1.9	56	1
15	Jun_16_2021	1435.61	1349.62	1351.8	1371.37	1375.56	1376.1	1383.38(0.93%)	DP	OpenShort	-75	0.6	-101	10	-126	-27	0.27	46%	-0.08	44.9	1.37%	0	1.6	59	0.9

16	Jun_15_2021	1436.69	1346.61	1349.18	1360.41	1366.02	1385.59	1370.64(-1.49%)	UD	OpenLong	75	0.5	527	110	617	255	0.32	50%	-0.08	17.1	1.37%	-0.3	1.2	57	1
17	Jun_14_2021	1437.87	1344.59	1347.84	1353.61	1355.79	1375.01	1391.33(1.79%)	UT	OpenLong	75	1.9	1140	100	1341	538	0.42	53%	-0.07	-5.4	1.39%	1	2.4	64	1.4
18	Jun_11_2021	1438.92	1342.49	1345.13	1339.99	1341.97	1346.44	1366.8(1.64%)	UT	OpenLong	75	1.6	448	30	530	201	0.29	56%	-0.1	-46.8	1.37%	1.9	1.4	62	1.4
19	Jun_10_2021	1440.32	1340.25	1344.55	1331.9	1334.64	1336.56	1344.69(1.21%)	DP	OpenShort	-75	0.8	-23	20	-22	-27	0.2	53%	-0.1	-86.2	1.41%	1.6	0.3	51	1.2
20	Jun_9_2021	1441.71	1340.08	1344.67	1329.57	1334.21	1337.5	1328.57(-0.6%)	UD	OpenLong	75	-0.1	93	30	113	33	0.19	63%	-0.07	-113	1.41%	-0.7	-0.7	60	1

21	Jun_8_2021	1442.73	1343.1	1346.62	1336.33	1336.54	1332.72	1336.64(1.01%)	DP	OpenShort	-75	0	-32	-20	-39	-11	0.4	63%	-0.08	-98	1.65%	1.8	-0.3	55	1.2
22	Jun_7_2021	1443.83	1345.64	1347.37	1341.23	1341.47	1330.91	1323.26(-0.23%)	DT	OpenShort	-75	-0.8	-389	-50	-462	-169	0.2	63%	-0.06	-97	1.65%	-1.2	-1	49	1.4
23	Jun_4_2021	1444.68	1350.49	1348.52	1350.98	1350.65	1340.37	1326.34(-0.5%)	DT	OpenShort	-75	-0.9	-430	-50	-513	-181	0.28	56%	-0.06	-80.1	1.66%	-1.5	-0.9	43	1.5
24	Jun_3_2021	1445.56	1354.57	1350.39	1358.83	1359.22	1352.02	1333.04(-2.15%)	DT	OpenShort	-75	-0.9	-262	-40	-320	-88	0.3	50%	-0.04	-78.4	1.73%	-2.6	-0.7	54	1.2
25	Jun_2_2021	1446.2	1359	1348.44	1361.38	1362.7	1360.93	1362.39(0.09%)	DP	OpenShort	-75	0	-105	-10	-133	-19	0.37	53%		-76.3	1.8%	-0.3	0.1	54	1.5
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

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