Trading Signals: CMG Stock Price Prediction and Forecast

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

Fri. Dec. 22, 2023

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

(Chipotle Mexican Grill, Inc.)
CMG latest price $2305.8100 (-0.06%) ($2300.6100 - $2314.5000) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.26% (three month average)
RSI   65
Latest Price   $2305.8100(-0.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMG advances 0.3% a day on average for past five trading days.
Weekly Trend   CMG advances 1.8% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CMG advance at 0% a week (0% probability)
QQQ(81%)    SPLV(67%)    XLP(63%)    VUG(51%)    GDXJ(50%)
Factors Impacting CMG price   CMG will decline at least -0.63% in a week (0% probabilities).
OIH(-45%)    IDRV(-40%)    IWC(-59%)    XHB(-56%)    TLT(-50%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.63% (StdDev 1.26%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $2310.17(-0.19%)
10 Day Moving Average   $2305.44(0.02%)
20 Day Moving Average   $2263.93(1.85%)
To recent high   -1.5%
To recent low   29.4%
Market Cap   $64.544b

$. CMG price fluctuates within 2.09% (three month std-dev: 1.26%) daily (68% of days).

Sample size 50 Average positive next day return: 1.04%(46%) Average negative next day return: -1.21%(54%) Sample size 50 Average positive next three day return: 1.91%(52%) Average negative next three day return: -1.89%(48%) Sample size 50 Average positive next weekly return: 3.09%(48%) Average negative next weekly return: -2.41%(52%)

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	Dec_22_2023	1995.06	2263.93	2305.44	2310.17	2315.12	2309.47	2305.81(-0.06%)	N/A	N/A	0	-0.1	-152	-10	-203	3	0.03	72%	0.19	61.2	1.26%	0	0.9	65	1.4
2	Dec_21_2023	1991.19	2259.59	2299.77	2303.3	2309.37	2318.14	2307.1(-0.29%)	UD	OpenLong	75	0.1	151	30	154	142	0.13	66%	0.19	61.9	1.26%	-1.3	1	63	0.6
3	Dec_20_2023	1987.45	2255.09	2292.31	2297.02	2298.71	2320.77	2313.87(-0.57%)	UD	OpenLong	75	0.4	740	70	848	415	0.15	66%	0.18	66.2	1.32%	0.2	1.3	68	0.3
4	Dec_19_2023	1983.83	2249.21	2282.45	2302.25	2294.86	2300.59	2327.03(1.31%)	UT	OpenLong	75	0.5	690	10	786	402	0.17	66%	0.19	74.5	1.32%	1.5	1.7	72	0.7
5	Dec_18_2023	1980.14	2242.04	2272.35	2300.92	2300.2	2276.64	2297.03(1.13%)	DP	OpenShort	-75	-0.1	-496	-70	-611	-152	0.2	66%	0.2	82.1	1.32%	1.1	1.3	65	0.8

6	Dec_15_2023	1976.26	2235.38	2265.36	2300.61	2306.27	2289.13	2271.47(-0.19%)	DT	OpenShort	-75	-0.7	-1122	-40	-1348	-442	0.26	66%	0.2	85	1.32%	-1.2	0.8	62	0.8
7	Dec_14_2023	1972.33	2230.55	2261.79	2294.9	2308.02	2323.76	2275.7(-2.75%)	UD	OpenLong	75	-0.4	415	60	460	279	0.27	66%	0.1	88.7	1.33%	-1.4	1	60	1.6
8	Dec_13_2023	1970.44	2224.66	2254.82	2285.01	2288.5	2323.42	2340(0.85%)	UT	OpenLong	75	1.2	1677	110	1947	865	0.18	72%	0.13	88.6	1.27%	1.7	2.5	74	1.4
9	Dec_12_2023	1967.93	2215.57	2239.29	2259.02	2258.74	2292.28	2320.39(1.09%)	UT	OpenLong	75	1.5	1741	100	2032	868	0.14	72%	0.12	98.3	1.27%	1.3	2.6	75	1.6
10	Dec_11_2023	1965.54	2206.78	2227.22	2240.2	2237.78	2253.58	2295.48(2.34%)	UT	OpenLong	75	1.6	1214	50	1417	604	0.25	72%	0.1	111.8	1.28%	1.7	2.6	74	1.4

11	Dec_8_2023	1963.55	2197.95	2217.91	2226.28	2225.05	2225.19	2242.95(0.75%)	UT	OpenLong	75	0.5	139	-0	154	93	0.16	70%	0.08	120.1	1.25%	2.6	1.4	72	1.2
12	Dec_7_2023	1962.05	2190.82	2215.25	2224.45	2224.05	2221.98	2226.25(0.73%)	DP	OpenShort	-75	0	-90	-10	-117	-8	0.13	70%	0.04	110.1	1.26%	-0.5	1	65	1
13	Dec_6_2023	1961.17	2184.04	2214.34	2219.65	2224.21	2224.92	2210.05(-0.73%)	UD	OpenLong	75	-0.2	128	10	137	101	0.17	70%	0.03	105.2	1.26%	-1.9	0.6	66	1.2
14	Dec_5_2023	1960.6	2177.23	2213.31	2215.46	2216.59	2226.11	2226.25(0.02%)	UT	OpenLong	75	0.2	217	30	241	145	0.11	70%	0.05	101.3	1.25%	0.6	1	67	1.3
15	Dec_4_2023	1959.6	2169.62	2209.46	2211.55	2211.05	2223.49	2225.88(-0.36%)	UD	OpenLong	75	0.3	675	40	779	364	0.12	70%	0.09	107.5	1.25%	0.7	1.1	70	1.4

16	Dec_1_2023	1957.88	2160.67	2203.35	2208.21	2206.07	2207.06	2233.83(1.43%)	UT	HoldLong	65	0.4	298	0	333	191	0.22	70%	0.1	110.6	1.26%	2.5	1.3	77	1.3
17	Nov_30_2023	1956.02	2150.94	2197.19	2205.38	2206.25	2198.6	2202.25(0.6%)	DP	OpenShort	-75	-0.1	-294	-20	-367	-75	0.26	70%	0.07	123.3	1.25%	-0.2	0.9	78	1.4
18	Nov_29_2023	1954.74	2140.69	2192.88	2208.71	2210.66	2205.07	2189.11(-0.8%)	DT	OpenShort	-75	-0.3	-355	-20	-445	-86	0.18	70%	0.07	121.7	1.26%	-1.4	0.7	78	1.3
19	Nov_28_2023	1953.37	2129.06	2190.86	2210.42	2214.57	2213.91	2206.67(-0.11%)	UD	OpenLong	65	-0	18	0	-13	112	0.14	70%	0.06	112.1	1.26%	-1.5	1	85	1.5
20	Nov_27_2023	1952.22	2114.84	2185.42	2206.42	2211.38	2216.24	2209.19(-0.47%)	UD	OpenLong	75	0	283	20	294	250	0.21	70%	0.07	104	1.26%	-0.8	1.1	84	1.3

21	Nov_24_2023	1950.89	2099.34	2176.88	2197.03	2200.98	2215.23	2219.67(0.03%)	UT	HoldLong	65	0.2	551	50	607	383	0.07	70%	-0.02	95.3	1.26%	0	1.2	89	1.4
22	Nov_22_2023	1951.33	2079.45	2164.68	2187.72	2190.31	2206.51	2218.93(0.97%)	UT	HoldLong	65	0.3	967	60	1095	581	0.18	70%	0.14	75	1.27%	1.1	1.2	90	1.2
23	Nov_21_2023	1948.62	2060.96	2151.28	2175.09	2177.3	2186.73	2197.64(0.5%)	UT	HoldLong	65	0.2	633	30	700	433	0.18	70%	0.04	71.5	1.26%	1.3	1.1	91	1.3
24	Nov_20_2023	1947.87	2044.04	2138.24	2168.77	2169.12	2174.11	2186.69(1.13%)	UT	HoldLong	65	0.1	316	20	320	302	0.2	70%	0.02	69.5	1.27%	2.5	1.1	93	1.4
25	Nov_17_2023	1947.39	2025.96	2126.53	2161.52	2166.2	2167.87	2162.22(-0.5%)	UD	OpenLong	75	0	362	10	365	351	0.14	70%		68.5	1.26%	-0.2	1.1	93	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