CMG Daily Technical Analysis
Chipotle Mexican Grill
Fast-casual restaurant chain serving customizable Mexican-inspired meals.
CMG Technical Analysis Summary
CMG is exhibiting strong short-term bullish momentum, having recovered significantly from lows near $28 to trade above $41. The price is currently well-supported by rising shorter-term moving averages (20 and 50 SMAs) but faces a significant test at the declining 200-day SMA around $43.50. Indicators like MACD and RSI support the current upward move, though RSI is approaching overbought territory, suggesting potential for near-term consolidation.
Included In Lists
Related Tickers of Interest
CMG Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is in a confirmed uptrend with higher highs and higher lows, trading well above rising 20-day and 50-day SMAs. MACD is positive, and RSI is bullish (approx 67) without being fully overbought.
Long-term Sentiment (weeks to months): Neutral
While the recovery is strong, the price remains below the declining 200-day SMA (43.49), which represents the primary long-term trend resistance. A break above this level is needed to confirm a long-term reversal.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:11:52.575Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $39.00 | $38.50 - $39.50 | Strong | Aligns with the 20-day SMA (39.08) and recent consolidation lows. |
| $36.00 | $35.50 - $36.50 | Strong | Confluence of the 50-day SMA (35.91) and a previous resistance-turned-support zone. |
| $28.25 | $27.50 - $29.00 | Strong | Major swing low / bottom formation from October/November. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $41.87 | $41.74 - $42.00 | Weak | Immediate dynamic resistance at the upper Bollinger Band. |
| $43.75 | $43.49 - $44.00 | Strong | The 200-day SMA is a critical overhead resistance level. |
| $49.00 | $48.00 - $50.00 | Weak | Previous consolidation zone before the large drop in July/August. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Uptrend Channel | Bullish | $43.49 | Since late October, price has adhered to a consistent upward channel, making sequential higher highs and higher lows. |
| Strong | V-Shaped Recovery | Bullish | N/A | Sharp recovery from the significant bottom formed around the 28.00 level. |
Frequently Asked Questions about CMG
What is the current sentiment for CMG?
The short-term sentiment for CMG is currently Bullish because Price is in a confirmed uptrend with higher highs and higher lows, trading well above rising 20-day and 50-day SMAs. MACD is positive, and RSI is bullish (approx 67) without being fully overbought.. The long-term trend is classified as Neutral.
What are the key support levels for CMG?
StockDips.AI has identified key support levels for CMG at $39.00 and $36.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is CMG in a significant dip or a Value Dip right now?
CMG has a Value Score of 34/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.