CMG

Chipotle Mexican GrillConsumer Discretionary

$34.92+0.95%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$34.92

FEBMARAPR

Validate this Pattern

Technical indicators signal a Rounding Bottom forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$37.47

Stop

$34.04

Target

$44.34

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

Technical analysis of Chipotle Mexican Grill (CMG) reveals a significant setup. Price has moved to $34.92 (0.95%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Volume is average (0.62x avg) with moderate trend strength (30.3). A potential breakout level is identified at $37.47, targeting $44.34 with support near $34.04 (R:R 2.0).

Community Sentiment

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Peer Analysis

Rost Bullish Flag Ulta Rectangle Tsco Rectangle Rcl Rectangle Phm Rectangle

Pattern Peers

Fet Rounding Bottom Ual Rounding Bottom Gddy Rounding Bottom Tri Rounding Bottom Chrw Rounding Bottom