Get the latest Chipotle Mexican Grill Stock Forecast for Tomorrow, Next Week and Long-Term Chipotle Mexican Grill Price Prediction for years 2024 and 2025 to 2030
5-Day Prediction
$ 57.36
1-Month Prediction
$ 51.35
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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Current Price | $ 56.42 |
---|---|
Price Prediction | $ 57.36 (1.68%) |
Fear & Greed Index | 39 (Fear) |
Sentiment | Bearish |
Volatility | 2.52% |
Green Days | 17/30 (57%) |
50-Day SMA | $ 54.44 |
200-Day SMA | $ 1,986.63 |
14-Day RSI | 49.25 |
According to our current CMG stock forecast, the value of Chipotle Mexican Grill shares will rise by 1.68% and reach $ 57.36 per share by September 21, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). CMG stock recorded 17/30 (57%) green days with 2.52% price volatility over the last 30 days. Based on the Chipotle Mexican Grill stock forecast, it's now a good time to buy CMG stock because it's trading 1.65% below our forecast, and it could be undervalued.
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsem*nt, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Highlights
- Trading at 1.6% below our
for next 5 days in the last 30 days (57%)
Risk Analysis
- Value above by
over the past year - Current sentiment is bearish
- Fear & Greed Index indicates Fear
Long-Term Chipotle Mexican Grill Stock Price Predictions
Based on the average yearly growth of the Chipotle Mexican Grill stock in the last 10 years, the CMG stock forecast for the beginning of next year is $ 68.25. Using that same approach, here is the Chipotle Mexican Grill stock prediction for each year up until 2030.
Year | Prediction | Change |
---|---|---|
2025 | $ 68.25 | |
2026 | $ 82.57 | |
2027 | $ 99.89 | |
2028 | $ 120.84 | |
2029 | $ 146.20 | |
2030 | $ 176.87 |
Chipotle Mexican Grill Stock Prediction 2025
The Chipotle Mexican Grill stock prediction for 2025 is currently $ 68.25, assuming that Chipotle Mexican Grill shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a
Chipotle Mexican Grill Stock Prediction 2030
In 2030, the Chipotle Mexican Grill stock will reach $ 176.87 if it maintains its current 10-year average growth rate. If this Chipotle Mexican Grill stock prediction for 2030 materializes, CMG stock will grow
Chipotle Mexican Grill Stock Forecast Based on Technical Analysis
Sentiment
Bearish
Bullish 46%
Bearish 54%
Based on data from September 16, 2024 at 02:31, the general CMG stock forecast sentiment is bearish, with 12 technical analysis indicators signaling bullish signals, and 14 signaling bearish signals.
Chipotle Mexican Grill stock forecast was last updated on September 16, 2024 at 02:31.
Popular CMG Moving Averages for Mon, Sep 16, 2024
Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Daily Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 3 | $ 56.03 | BUY |
SMA 5 | $ 55.34 | BUY |
SMA 10 | $ 54.62 | BUY |
SMA 21 | $ 54.31 | BUY |
SMA 50 | $ 54.44 | BUY |
SMA 100 | $ 1,425.13 | SELL |
SMA 200 | $ 1,986.63 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 3 | $ 56.21 | BUY |
EMA 5 | $ 55.90 | BUY |
EMA 10 | $ 55.16 | BUY |
EMA 21 | $ 63.27 | SELL |
EMA 50 | $ 352.16 | SELL |
EMA 100 | $ 975.31 | SELL |
EMA 200 | $ 1,528.10 | SELL |
Weekly Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 21 | $ 1,536.70 | SELL |
SMA 50 | $ 2,002.15 | SELL |
SMA 100 | $ 1,871.75 | SELL |
SMA 200 | $ 1,699.53 | SELL |
Weekly Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 21 | $ 972.23 | SELL |
EMA 50 | $ 1,649.61 | SELL |
EMA 100 | $ 1,780.22 | SELL |
EMA 200 | $ 1,635.80 | SELL |
CMG Stock Forecast for Tomorrow and Next Week Based on The Last 30 Days
Date | Price | Change |
---|---|---|
Sep 17, 2024 | $ 56.35 | -0.12% |
Sep 18, 2024 | $ 55.79 | -1.10% |
Sep 19, 2024 | $ 58.02 | 2.85% |
Sep 20, 2024 | $ 57.48 | 1.88% |
Sep 21, 2024 | $ 57.78 | 2.43% |
Sep 22, 2024 | $ 58.29 | 3.32% |
Sep 23, 2024 | $ 58.58 | 3.83% |
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The Chipotle Mexican Grill stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of CMG stock is predicted to drop by -0.12% tomorrow and gain 3.83% in the next 7 days.
Chipotle Mexican Grill Stock Historical Price Performance
Change | 1H | 24H | 7D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | ALL |
---|---|---|---|---|---|---|---|---|---|---|---|
CMG/USD | |||||||||||
CMG/BTC | |||||||||||
CMG/ETH | |||||||||||
CMG/USDT |
To get a better idea of what could happen to the CMG stock price in the future, it’s helpful to also explore Chipotle Mexican Grill’s price history. In the last month, the CMG/USD pair is up 7.57%. The 1-year performance of CMG/USD is -97.05%. For comparison, Chipotle Mexican Grill stock performed -98.66% worse than Bitcoin in the last year and -97.88% worse than Ethereum.
Date | Open | High | Low | Close | Volume |
---|---|---|---|---|---|
Sep 16, 2022 | $ 1,710.65 | $ 1,710.65 | $ 1,676.02 | $ 1,691.23 | $ 195,999 |
Sep 16, 2021 | $ 1,884.00 | $ 1,921.60 | $ 1,884.00 | $ 1,917.50 | $ 206,773 |
Sep 16, 2020 | $ 1,286.46 | $ 1,286.84 | $ 1,264.13 | $ 1,265.87 | $ 304,865 |
Sep 16, 2019 | $ 783.00 | $ 802.76 | $ 783.00 | $ 799.87 | $ 683,477 |
Sep 16, 2016 | $ 413.06 | $ 414.89 | $ 406.50 | $ 409.32 | $ 1.21M |
CMG Stock Forecast FAQ
What is the Chipotle Mexican Grill stock forecast?
The Chipotle Mexican Grill stock forecast for tomorrow is $ 57.25, which would represent a
As far as the long-term Chipotle Mexican Grill stock forecast is concerned, here’s what our predictions are currently suggesting (these predictions are based on the 10-year average growth of CMG):
- Chipotle Mexican Grill stock prediction for 1 year from now: $ 27.42
(-51.40%) - Chipotle Mexican Grill stock forecast for 2025: $ 68.25
(20.98%) - Chipotle Mexican Grill stock prediction for 2030: $ 176.87
(213.51%)
What is the Chipotle Mexican Grill stock prediction for 2025?
According to our Chipotle Mexican Grill stock prediction for 2025, CMG stock will be priced at $ 68.25 in 2025. This forecast is based on the stock’s average growth over the past 10 years.
What is the Chipotle Mexican Grill stock prediction for 2030?
According to our Chipotle Mexican Grill stock prediction for 2030, CMG stock will be priced at $ 176.87 in 2030. This forecast is based on the stock’s average growth over the past 10 years.
Will Chipotle Mexican Grill stock reach $5,000?
Chipotle Mexican Grill stock would need to gain
Will Chipotle Mexican Grill stock reach $10,000?
Chipotle Mexican Grill stock would need to gain
Is Chipotle Mexican Grill a good stock to buy?
Based on our Chipotle Mexican Grill stock forecast, Chipotle Mexican Grill stock is currently not a good stock to buy. This is because the price of Chipotle Mexican Grill stock is expected to increase by
What's the Chipotle Mexican Grill stock price prediction for tomorrow?
The Chipotle Mexican Grill stock price prediction for tomorrow is $ 57.25, based on the current market trends. According to the prediction, the price of CMG stock will increase by
What's the Chipotle Mexican Grill stock price prediction for next week?
The Chipotle Mexican Grill stock price prediction for next week is $ 57.36, which would represent a
Will Chipotle Mexican Grill stock go up tomorrow?
According to our prediction, Chipotle Mexican Grill stock will go up tomorrow. Based on the current trends, our prediction estimates that the price of CMG stock will increase by
Will Chipotle Mexican Grill stock go down tomorrow?
Our prediction anticipates that Chipotle Mexican Grill stock will not go down tomorrow. Our forecast estimates that CMG will gain
How to read and forecast Chipotle Mexican Grill stock price movements?
Chipotle Mexican Grill stock traders use a variety of tools to make a prediction on which way the CMG market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to make a Chipotle Mexican Grill stock forecast, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
Chipotle Mexican Grill Stock Forecast Indicators
Moving averages are among the most popular Chipotle Mexican Grill stock prediction tools. As the name suggests, a moving average provides the average closing price for CMG stock over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for CMG is a sum of CMG’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the stock market to identify important resistance and support levels. If the Chipotle Mexican Grill stock price moves above any of these averages, it is generally seen as a bullish sign for Chipotle Mexican Grill stock. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the CMG market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the Chipotle Mexican Grill stock price.
How to read Chipotle Mexican Grill stock charts and forecast price movements?
When making a Chipotle Mexican Grill stock forecast, most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Chipotle Mexican Grill stock with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Chipotle Mexican Grill’s stock price action in 1-hour chunks. Each candlestick will display CMG’s opening price, closing price, as well as the highest and lowest prices that Chipotle Mexican Grill reached within the 1-hour period. This information makes it easier to make an informed price prediction.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
What affects the price of CMG stock?
Just like with any other asset, the price action of Chipotle Mexican Grill stock is driven by supply and demand. These dynamics can be influenced by fundamental factors, such as earnings announcements, new product launches, acquisitions and mergers, and other factors. The CMG stock price can also be influenced by market sentiment, broader economic conditions, interest rates, inflation rates and political developments.
Bullish and bearish stock price forecast patterns
Some traders try to identify candlestick patterns when making a stock price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsem*nt or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.