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CMG Stock Chipotle Mexican Grill (CMG, $59.98) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 21, 2024

A.I.dvisor
at Tickeron.com
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CMG - Chipotle Mexican Grill
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $59.98
Daily change: +$1.1 (+1.87%)
Daily volume: 7.5M
Industry: Restaurants
This is a Bullish indicator signaling CMG's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 42 similar cases where CMG's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

CMG sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for CMG moved above the 200-day moving average on November 12, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 12, 2024. You may want to consider a long position or call options on CMG as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CMG just turned positive on November 21, 2024. Looking at past instances where CMG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

CMG moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMG advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 333 cases where CMG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CMG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CMG broke above its upper Bollinger Band on December 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CMG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (24.570) is normal, around the industry mean (10.778). P/E Ratio (60.568) is within average values for comparable stocks, (57.470). Projected Growth (PEG Ratio) (2.259) is also within normal values, averaging (1.858). CMG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (8.190) is also within normal values, averaging (8.704).

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CMG
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A.I. Advisor
published General Information

General Information

an operator of fast-casual, fresh Mexican food restaurants

Industry Restaurants

Profile
Fundamentals
Details
Industry
Restaurants
Address
610 Newport Center Drive
Phone
+1 949 524-4000
Employees
116068
Web
https://www.chipotle.com