Trading Signals: CMG Stock Price Prediction and Forecast

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

Tue. May. 23, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $2047.0100 (-2.61%) ($2040.9100 - $2107.0390) on Tue. May. 23, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.91% (three month average)
RSI   48
Latest Price   $2047.0100(-2.61%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   CMG advances 1.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
BOTZ(36%)    ARKK(29%)    ARKG(19%)    BLOK(19%)    BND(19%)
Factors Impacting CMG price   CMG will decline at least -0.955% in a week (0% probabilities).
KWEB(-19%)    FXI(-17%)    MCHI(-16%)    TIP(-15%)    SHY(-11%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.955% (StdDev 1.91%)
Hourly BBV -2.2 ()
Intraday Trend -2.2%

Resistance Level   $2054.03
5 Day Moving Average   $2082.61(-1.71%)
10 Day Moving Average   $2067.7(-1%)
20 Day Moving Average   $2054.03(-0.34%)
To recent high   -2.8%
To recent low   38.6%
Market Cap   $57.3b

$. CMG price fluctuates within 3.06% (three month std-dev: 1.91%) daily (68% of days).

Sample size 1 Average positive next day return: 0.06%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -1.8%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -3.54%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230623

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_23_2023	1697.92	2054.03	2067.7	2082.61	2090.46	2091.77	2047.01(-2.61%)	DT	OpenShort	-75	-0.6	-249	20	-303	-85	0.35	71%	0.21	110.8	1.91%	-2.2	-0.1	48	0.9
2	May_22_2023	1694.32	2042.15	2066.84	2083.25	2085.73	2106.17	2101.94(-0.2%)	UD	OpenLong	75	0.2	603	70	699	314	0.31	79%	0.44	86.9	1.9%	0.2	0.7	64	1.2
3	May_19_2023	1686.96	2027.82	2059.82	2072.29	2070.17	2089.14	2106.22(0.49%)	UT	OpenLong	75	0.4	717	60	836	359	0.29	70%	0.43	74.7	1.94%	1	0.8	70	1.6
4	May_18_2023	1679.73	2013.21	2051.74	2060.17	2056.24	2065.28	2095.87(1.64%)	UT	OpenLong	75	0.4	395	30	462	194	0.31	70%	0.44	68.9	1.96%	2.1	0.8	55	2.1
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		77.6	1.54%	1.3	2.1	75	1.6
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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