Trading Signals: CMG Stock Price Prediction and Forecast

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

Wed. Aug. 10, 2022

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1658.2900 (1.17%) ($1654.2400 - $1684.0900) on Wed. Aug. 10, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.93% (three month average)
RSI   83
Latest Price   $1658.2900(1.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.9% a day on average for past five trading days.
Weekly Trend   CMG advances 8.1% 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)
IWF(50%)    IVW(49%)    QQQ(49%)    SPY(48%)    SKYY(44%)
Factors Impacting CMG price   CMG will decline at least -1.465% in a week (0% probabilities).
TBT(-13%)    VIXM(-12%)    UUP(-10%)    EDOC(-8%)    VXX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.465% (StdDev 2.93%)
Hourly BBV 0.9 ()
Intraday Trend -0.9%

5 Day Moving Average   $1620.86(2.31%)
10 Day Moving Average   $1592.24(4.15%)
20 Day Moving Average   $1476.57(12.31%)
To recent high   0%
To recent low   37.7%
Market Cap   $46.419b

$. CMG price fluctuates within 9.14% (three month std-dev: 2.93%) daily (68% of days).

Sample size 50 Average positive next day return: 3.04%(60%) Average negative next day return: -2.23%(40%) Sample size 50 Average positive next three day return: 7.63%(50%) Average negative next three day return: -4.18%(50%) Sample size 50 Average positive next weekly return: 7.82%(50%) Average negative next weekly return: -6.2%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220910

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	Aug_10_2022	1415.06	1476.57	1592.24	1620.86	1622.99	1646.14	1658.29(1.17%)	UT	HoldLong	65	0.3	602	100	659	430	0.28	60%	0.07	63.8	2.93%	0.9	1.3	83	-1.6
2	Aug_9_2022	1414.03	1457.34	1577.38	1606.21	1602.66	1620.1	1639.09(1.07%)	UT	HoldLong	65	0.2	451	70	479	368	0.27	56%	0.07	59.3	2.96%	1.3	1.4	81	-1.2
3	Aug_8_2022	1413.01	1438.35	1546.9	1588.36	1589.93	1599.84	1621.81(1.31%)	UT	HoldLong	65	0.3	373	50	391	317	0.18	56%	0.02	53.8	3.06%	1.5	1.4	82	-1.8
4	Aug_5_2022	1412.66	1421.39	1518.77	1575.47	1574.91	1585.23	1600.78(1.04%)	UT	HoldLong	65	0.2	162	40	144	216	0.18	53%	0.03	53.6	3.06%	1.5	1.5	83	-1.3
5	Aug_4_2022	1412.28	1407.63	1494.01	1568.16	1569.16	1580.03	1584.33(-0.04%)	UD	OpenLong	75	0.1	320	50	329	293	0.2	53%	0.02	56.9	3.12%	0.8	1.5	83	-1

6	Aug_3_2022	1411.97	1395.17	1472.41	1559.07	1561.02	1564.59	1585.03(2.27%)	UT	HoldLong	65	0.2	241	20	232	267	0.21	53%	0.07	61.6	3.12%	1.7	1.8	85	-2.8
7	Aug_2_2022	1411.03	1382.14	1450.87	1544.07	1548.04	1558.29	1549.85(-0.48%)	UD	OpenLong	75	0.1	235	50	223	272	0.14	53%	0.06	66.3	3.11%	-0.6	1.7	81	-1.4
8	Aug_1_2022	1410.23	1371.86	1429.9	1497.38	1528.43	1557.45	1557.38(-0.44%)	UD	OpenLong	75	0.6	834	200	934	534	0.21	53%	0.06	57.5	3.11%	0.4	2	83	-2.7
9	Jul_29_2022	1409.38	1358.55	1405.52	1451.68	1466.47	1537.79	1564.22(1.65%)	UT	HoldLong	65	1.4	1013	370	1153	591	0.31	51%	0.07	47.5	3.13%	1.4	2.5	78	-2.8
10	Jul_28_2022	1408.4	1344.75	1378.12	1408.3	1412.17	1499.41	1538.88(1.91%)	UT	OpenLong	75	1.9	1768	440	2053	912	0.41	51%	0.09	40.9	3.15%	1	2.8	68	-1.3

11	Jul_27_2022	1407.18	1331.36	1349.91	1374.13	1371.98	1395.15	1510(14.7%)	UT	OpenLong	75	2.6	1222	110	1421	623	1.43	51%	0.14	38.1	3.15%	1.5	3.4	64	-0.7
12	Jul_26_2022	1405.16	1319.47	1325.21	1347.11	1341.14	1324.93	1316.43(-0.94%)	DT	OpenShort	-75	-0.9	-508	-100	-607	-212	0.48	39%	-0	41.5	2.56%	-0.4	-0.1	46	0.3
13	Jul_25_2022	1405.23	1320.18	1320.42	1352.33	1352.84	1348.81	1328.87(-1.37%)	DT	OpenShort	-75	-0.7	-138	-20	-168	-48	0.33	39%	-0.08	58.3	2.63%	-1.3	0.3	44	1.4
14	Jul_22_2022	1406.4	1320.09	1316.69	1350.39	1353.45	1357.36	1347.33(-1.51%)	UD	OpenLong	75	-0.1	102	30	116	61	0.19	39%	-0.08	72.8	2.65%	-1.3	0.8	56	0.8
15	Jul_21_2022	1407.59	1317.19	1315.25	1340.92	1344.45	1356.88	1368.04(-0.5%)	UD	OpenLong	75	0.8	277	70	323	140	0.32	36%	-0.09	68.9	2.66%	1.1	1.5	59	1.1

16	Jul_20_2022	1408.91	1311.52	1312.54	1320.48	1329.06	1349.55	1374.88(2.41%)	UT	OpenLong	75	1.6	515	130	605	243	0.25	36%	-0.08	58.3	2.75%	1.7	1.9	63	0.5
17	Jul_19_2022	1410.08	1305.73	1308.22	1300.62	1303.81	1332.03	1342.53(1.77%)	UT	OpenLong	75	1.3	560	160	662	255	0.16	36%	-0.13	48.2	2.73%	0.9	1.1	59	0.6
18	Jul_18_2022	1411.94	1300.98	1309.3	1284.4	1283.5	1308.57	1319.16(1.47%)	UT	OpenLong	75	1.1	617	130	732	273	0.25	36%	-0.13	24.9	2.75%	0.8	0.6	48	1.6
19	Jul_15_2022	1413.78	1296.09	1308	1278.59	1271.7	1275.59	1299.99(2.7%)	UT	OpenLong	75	0.6	220	10	267	78	0.21	36%	-0.13	-1.5	2.74%	1.3	0.1	45	1.8
20	Jul_14_2022	1415.68	1294.53	1308.87	1286.45	1275.57	1258.42	1265.84(-0.76%)	DT	OpenShort	-75	-0.5	-352	-120	-408	-183	0.16	36%	-0.12	-7.9	2.73%	0.1	-0.7	49	1.7

21	Jul_13_2022	1417.36	1292.07	1311.86	1303.53	1296.15	1267.82	1275.57(1.12%)	DP	OpenShort	-75	-0.7	-609	-170	-716	-286	0.23	39%	-0.15	-17.2	2.74%	-0.1	-0.4	56	1.4
22	Jul_12_2022	1419.47	1290.31	1313.87	1316.88	1319.37	1292.71	1261.46(-2.22%)	DT	OpenShort	-75	-1.3	-657	-140	-778	-294	0.2	39%	-0.12	-21.8	2.78%	-1.5	-0.7	53	1.1
23	Jul_11_2022	1421.11	1293.1	1321.35	1337.13	1337.53	1324.48	1290.09(-3.67%)	DT	OpenShort	-75	-1	-353	-70	-430	-122	0.2	39%	-0.17	-14.5	2.78%	-1.6	-0.1	60	1.7
24	Jul_8_2022	1423.54	1296.67	1325.53	1340.47	1341.32	1346.03	1339.28(-0.89%)	UD	OpenLong	75	-0	37	30	22	82	0.15	41%	-0.12	-15.3	2.75%	-0.5	0.9	74	1.2
25	Jul_7_2022	1425.32	1297.7	1320.73	1334.07	1332.06	1350.58	1351.24(0.66%)	UT	OpenLong	75	0.4	368	90	412	237	0.15	41%		-18.7	2.75%	0.3	1.1	62	0.9
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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