Trading Signals: CMG Stock Price Prediction and Forecast

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

Wed. May. 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 $2062.0100 (0.58%) ($2026.7200 - $2070.9350) on Wed. May. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.96% (three month average)
RSI   57
Latest Price   $2062.0100(0.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.1% a day on average for past five trading days.
Weekly Trend   CMG advances 0.1% 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)
BOTZ(36%)    ARKK(29%)    ARKG(20%)    BND(20%)    BLOK(19%)
Factors Impacting CMG price   CMG will decline at least -0.98% in a week (0% probabilities).
KWEB(-19%)    FXI(-17%)    MCHI(-15%)    TIP(-14%)    UNG(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.98% (StdDev 1.96%)
Hourly BBV 2.1 ()
Intraday Trend 0.5%

5 Day Moving Average   $2052.7(0.45%)
10 Day Moving Average   $2045.13(0.83%)
20 Day Moving Average   $1998.94(3.16%)
To recent high   -0.3%
To recent low   39.6%
Market Cap   $57.72b

$. CMG price fluctuates within 5.33% (three month std-dev: 1.96%) daily (68% of days).

Sample size 7 Average positive next day return: 1.41%(57%) Average negative next day return: -2.27%(43%) Sample size 7 Average positive next three day return: 1.89%(29%) Average negative next three day return: -2.33%(71%) Sample size 7 Average positive next weekly return: 3.08%(57%) Average negative next weekly return: -3.94%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230617

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	May_17_2023	1672.33	1998.94	2045.13	2052.7	2049.82	2051.19	2062.01(0.58%)	UT	OpenLong	75	0.1	72	0	84	36	0.26	70%	0.41	67.5	1.96%	2.1	0.6	57	1.6
2	May_16_2023	1665.48	1986.69	2044.4	2051.26	2051.04	2047.2	2050.22(0.15%)	DP	OpenShort	-75	-0	-17	-10	-22	-1	0.23	65%	0.24	68.2	1.97%	1.5	0.6	62	1.1
3	May_15_2023	1661.48	1973.77	2044.6	2047.75	2050.49	2048.46	2047.12(0.07%)	DP	OpenShort	-75	-0	-102	-0	-132	-11	0.18	65%	0.4	67.5	1.99%	-0.7	0.6	85	1.7
4	May_12_2023	1654.86	1960.71	2043.84	2044.89	2048.63	2054.88	2045.63(-0.63%)	UD	OpenLong	75	0	143	30	146	133	0.22	69%	0.4	67	1.98%	-1	0.7	82	1.2
5	May_11_2023	1648.22	1945.95	2045.78	2041.41	2043.06	2052.52	2058.5(0.18%)	UT	HoldLong	65	0.1	339	30	366	257	0.22	69%	0.4	65.8	1.99%	1.1	0.8	83	1.2

6	May_10_2023	1641.62	1929.39	2043.5	2036.41	2035.84	2042.39	2054.84(1.09%)	UT	HoldLong	65	0.1	225	20	223	231	0.2	69%	0.4	63.5	2.01%	1.4	0.9	83	1.1
7	May_9_2023	1635.1	1911.85	2039.2	2037.07	2035.5	2033.6	2032.66(-0.01%)	UD	OpenLong	75	-0	76	-10	38	190	0.14	69%	0.4	62.1	2.02%	0.1	0.9	80	0.7
8	May_8_2023	1628.66	1896.17	2016.58	2041.33	2040	2029.29	2032.84(0.23%)	N/A	N/A	0	-0.1	-173	-40	-257	81	0.34	60%	0.37	62.4	2.04%	-0.3	1	82	1.2
9	May_5_2023	1622.72	1879.29	1994.91	2042.62	2043.96	2037.4	2028.21(-0.26%)	CR	SmallShort	-20	-0.1	-292	-20	-399	28	0.32	60%	0.35	63.2	2.12%	-0.9	1	82	1.1
10	May_4_2023	1617.09	1862.21	1973.51	2050.5	2049.74	2050.71	2033.51(-1.2%)	UD	OpenLong	65	-0.1	44	0	-10	206	0.23	60%	0.32	65.6	2.13%	-1.9	1.2	84	-0.1

11	May_3_2023	1611.93	1845.18	1950.88	2051.05	2050.74	2050.52	2058.12(0.2%)	UT	HoldLong	65	0.1	190	-0	156	292	0.28	60%	0.33	69.2	2.14%	0.8	1.5	89	1
12	May_2_2023	1606.62	1828.27	1925.56	2041.39	2042.83	2048.77	2053.96(0.72%)	UT	HoldLong	65	0.1	247	20	218	333	0.29	62%	0.32	75	2.14%	0.4	1.7	89	1.1
13	May_1_2023	1601.48	1810.65	1897.76	1986.6	2025.44	2050.97	2039.28(-1.37%)	UD	OpenLong	75	0.4	1118	150	1253	712	0.5	62%	0.33	70.8	2.15%	-0	1.9	85	1.8
14	Apr_28_2023	1596.14	1793.23	1870.69	1938.14	1960.73	2036.9	2067.62(1.54%)	UT	HoldLong	65	1.2	1550	310	1768	895	0.41	64%	0.35	69.1	2.12%	1.6	2.4	90	1.9
15	Apr_27_2023	1590.55	1772.44	1836.56	1884.62	1899.35	1999.91	2036.26(1.31%)	UT	HoldLong	65	1.6	3021	390	3510	1555	0.48	64%	0.35	67.9	2.14%	0.8	2.8	89	1.3

16	Apr_26_2023	1585.06	1752.49	1803.38	1837.04	1842.97	1884.56	2009.85(12.91%)	UT	HoldLong	65	2.3	2276	170	2644	1173	1.63	67%	0.33	70	2.13%	1.3	3.4	85	0.8
17	Apr_25_2023	1579.84	1733.63	1770.47	1796.07	1799.72	1798.79	1780(-0.94%)	CR	SmallShort	-20	-0.3	-56	0	-99	72	0.45	53%	0.14	86.6	1.44%	-2	0.9	59	0.5
18	Apr_24_2023	1577.66	1727.17	1764.27	1795.77	1800.16	1801.39	1796.97(-0.17%)	UD	OpenLong	75	0	142	10	134	165	0.26	53%	0.13	87.8	1.46%	-0.1	1.4	65	1.4
19	Apr_21_2023	1575.66	1718.64	1754.01	1791.37	1795.02	1800.65	1800(0.09%)	UT	OpenLong	75	0.2	253	30	267	211	0.3	57%	0.12	84.9	1.48%	-0.3	1.6	68	1.5
20	Apr_20_2023	1573.84	1710.21	1742.59	1779.03	1785.19	1798.93	1798.4(-0.37%)	UD	OpenLong	75	0.4	621	60	704	373	0.29	61%	0.11	80.8	1.49%	0	1.7	72	1.3

21	Apr_19_2023	1572.06	1701.33	1732.21	1762.93	1766.71	1789.38	1805(1.49%)	UT	OpenLong	75	0.8	858	100	986	473	0.28	61%	0.17	77.6	1.54%	1.3	2.1	75	1.6
22	Apr_18_2023	1569.43	1692.23	1724.24	1741.08	1746.79	1771.46	1778.46(0.19%)	UT	OpenLong	75	0.8	1074	110	1243	567	0.29	57%	0.17	75.5	1.54%	1.1	1.9	74	1.6
23	Apr_17_2023	1566.82	1683.72	1717.54	1728.2	1729.19	1744.05	1775(2.11%)	UT	OpenLong	75	1.1	829	60	955	450	0.33	57%	0.17	75.4	1.58%	1.7	2.1	74	1.5
24	Apr_14_2023	1564.11	1675.24	1710.25	1711.52	1716.04	1722.12	1738.3(1.19%)	UT	OpenLong	75	0.6	430	30	486	260	0.22	55%	0.12	76.6	1.57%	1.9	1.5	74	1.5
25	Apr_13_2023	1562.28	1669.46	1703.67	1700.9	1704	1714.32	1717.89(1.3%)	UT	OpenLong	75	0.4	260	50	288	177	0.22	55%		81.6	1.58%	1.3	1.2	69	1.4
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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