Trading Signals: CMG Stock Price Prediction and Forecast

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

Fri. Feb. 17, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $1617.6700 (-0.22%) ($1602.6000 - $1625.1850) on Fri. Feb. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.87% (three month average)
RSI   53
Latest Price   $1617.6700(-0.22%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.4% a day on average for past five trading days.
Weekly Trend   CMG declines -0.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
BOTZ(32%)    ARKK(28%)    BLOK(25%)    ARKG(23%)    IPO(21%)
Factors Impacting CMG price   CMG will decline at least -0.935% in a week (0% probabilities).
USO(-12%)    VIXM(-11%)    TIP(-11%)    SHY(-9%)    GLD(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.935% (StdDev 1.87%)
Hourly BBV -1 ()
Intraday Trend 0.5%

Resistance Level   $1634.3
5 Day Moving Average   $1630.86(-0.81%)
10 Day Moving Average   $1639.23(-1.32%)
20 Day Moving Average   $1634.3(-1.02%)
To recent high   -6.1%
To recent low   18.6%
Market Cap   $45.282b

$. CMG price fluctuates within 2.65% (three month std-dev: 1.87%) daily (68% of days).

Sample size 23 Average positive next day return: 2.11%(48%) Average negative next day return: -2.02%(52%) Sample size 23 Average positive next three day return: 3.79%(48%) Average negative next three day return: -3.75%(52%) Sample size 23 Average positive next weekly return: 4.63%(35%) Average negative next weekly return: -4.26%(65%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Feb_17_2023	1519.02	1634.3	1639.23	1630.86	1632.06	1624.12	1617.67(-0.22%)	DT	OpenShort	-75	-0.3	-407	-30	-470	-216	0.23	57%	0.05	54	1.87%	-1	-0.4	53	0.2
2	Feb_16_2023	1518.25	1631.68	1646.52	1624.1	1629.62	1643.35	1621.24(-2.13%)	UD	OpenLong	75	-0.1	233	70	281	90	0.23	57%	0.04	46.5	1.89%	-0.9	-0.2	53	-0.3
3	Feb_15_2023	1517.69	1626.54	1653.27	1621.23	1617.59	1640.01	1656.54(0.73%)	UT	OpenLong	75	0.6	647	90	764	294	0.24	59%	0.08	43.4	1.87%	1.6	0.5	59	0.1
4	Feb_14_2023	1516.47	1619.72	1652.88	1617.41	1610.32	1615.88	1644.52(1.87%)	UT	OpenLong	75	0.5	422	10	496	198	0.27	59%	0.08	45.9	1.87%	1.7	0.4	64	-0.2
5	Feb_13_2023	1515.31	1615.26	1653.27	1633.08	1613.3	1595.18	1614.31(1.92%)	DP	OpenShort	-75	-0.3	-565	-110	-672	-242	0.33	58%	0.04	61.6	1.86%	0.3	-0	55	0.1

6	Feb_10_2023	1514.73	1611.23	1653.75	1650.27	1638.31	1604.76	1583.89(-1.43%)	DT	OpenShort	-75	-1.1	-972	-170	-1158	-414	0.37	63%	-0	77	1.86%	-1.4	-0.4	51	0.2
7	Feb_9_2023	1514.78	1608.3	1657.99	1672.09	1664.77	1631.43	1606.91(-1.86%)	DT	OpenShort	-75	-1	-1035	-150	-1240	-418	0.43	63%	-0.04	94.8	2.04%	-1.5	-0	61	-0.9
8	Feb_8_2023	1515.38	1602.57	1659.04	1688.64	1681.04	1671.85	1637.41(-4.96%)	DT	OpenShort	-75	-0.7	-661	-50	-811	-209	0.7	63%	-0.04	102.7	2.03%	-1.2	0.5	71	-0.8
9	Feb_7_2023	1516.02	1593.81	1652.86	1691.67	1692.03	1698.12	1722.86(1.33%)	UT	HoldLong	65	0.4	410	30	441	315	0.64	69%	0.01	101.7	1.92%	2.5	1.7	84	-0.9
10	Feb_6_2023	1515.84	1579.98	1639.74	1676.37	1677.53	1690.24	1700.28(0.43%)	UT	OpenLong	75	0.3	345	60	366	280	0.31	69%	0	101.2	1.91%	0.4	1.6	72	-1.1

11	Feb_3_2023	1515.77	1565.25	1629.08	1658.29	1662.11	1685.94	1692.97(0.2%)	UT	OpenLong	75	0.4	770	110	867	477	0.31	69%	-0.01	91.3	1.91%	0.6	1.6	74	-0.9
12	Feb_2_2023	1515.95	1549.07	1615.21	1642.45	1642.77	1664.83	1689.67(2.25%)	UT	OpenLong	75	0.6	861	90	977	514	0.32	63%	-0.02	80.5	1.92%	1.1	1.7	75	-1.4
13	Feb_1_2023	1516.28	1533.42	1596.81	1625.77	1625.16	1638.29	1652.56(0.38%)	UT	OpenLong	75	0.3	565	60	633	360	0.28	62%	-0.03	73.7	2.01%	2.5	1.4	75	-1.5
14	Jan_31_2023	1516.78	1519.46	1582.87	1608.06	1612.81	1620.7	1646.38(2.27%)	UT	HoldLong	65	0.4	425	40	470	289	0.27	62%	-0.07	64.9	2.02%	1.9	1.5	77	-1.8
15	Jan_30_2023	1517.83	1506.41	1572.87	1597.8	1596.04	1612.04	1609.86(-0.24%)	UD	OpenLong	75	0.1	221	70	227	204	0.28	60%	-0.08	63.3	2%	0.9	1.2	76	-1.8

16	Jan_27_2023	1518.99	1496.04	1564.33	1595.3	1592.88	1604.92	1613.78(0.47%)	UT	HoldLong	65	0.2	683	50	764	440	0.25	62%	-0.06	61.7	2.02%	1.4	1.4	80	-1.7
17	Jan_26_2023	1519.96	1484.14	1554.07	1583.58	1583.38	1580.05	1606.29(2.71%)	UT	HoldLong	65	0.3	225	-20	219	241	0.31	56%	-0.05	57.1	2.02%	1.3	1.5	82	-1.6
18	Jan_25_2023	1520.72	1473.42	1541.44	1563.15	1568.2	1580.85	1563.98(-1.95%)	UD	OpenLong	75	0	114	70	92	179	0.36	55%	-0.05	50.5	2.18%	-0.9	1.2	77	-1.6
19	Jan_24_2023	1521.45	1465.58	1530.76	1552.76	1552.18	1586.72	1595.09(-0.14%)	UD	OpenLong	75	0.5	820	150	921	517	0.23	55%	0.05	45.1	2.19%	0.6	1.7	83	-1.5
20	Jan_23_2023	1520.68	1455.72	1515.92	1544.05	1537.29	1555.55	1597.35(2.71%)	UT	HoldLong	65	0.7	908	70	1022	564	0.33	55%	-0.01	39.8	2.19%	1.4	2	79	-1.6

21	Jan_20_2023	1520.88	1446.41	1496.48	1529.5	1526.47	1517.65	1555.19(3.39%)	UT	OpenLong	75	0.4	81	-50	53	166	0.29	53%	-0.04	30.5	2.16%	1.3	1.7	72	-1.3
22	Jan_19_2023	1521.49	1439.5	1477.92	1520.95	1520.74	1519.04	1504.14(-0.52%)	DT	OpenShort	-75	-0.3	-286	-10	-378	-11	0.17	51%	-0.06	20.1	2.12%	-1.1	1.1	71	-1.2
23	Jan_18_2023	1522.45	1434.76	1465.73	1515.97	1520.6	1535.28	1512.04(-2.55%)	UD	OpenLong	75	-0.1	501	80	550	354	0.23	51%	-0.07	7	2.13%	-0.5	1.4	67	-1.1
24	Jan_17_2023	1523.5	1431.65	1451.94	1503.84	1503.49	1522.43	1551.54(1.77%)	UT	OpenLong	75	0.9	626	90	702	399	0.33	53%	-0.13	-4.3	2.1%	1.8	2.2	70	-1.6
25	Jan_13_2023	1525.48	1427.44	1434.88	1482.88	1482.84	1505.92	1524.57(0.8%)	UT	OpenLong	75	0.9	706	110	803	413	0.29	50%		-22.4	2.13%	1.3	2.2	68	-1.9
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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