CMG Weekly Technical Analysis
Chipotle Mexican Grill
Fast-casual restaurant chain serving customizable Mexican-inspired meals.
CMG Technical Analysis Summary
CMG is in a structural downtrend, currently correcting after a relief rally failed at the confluence of the 50-week and 200-week moving averages (~44.00). While the MACD histogram remains positive indicating some residual bullish momentum from the recent bounce, price action is distinctly bearish with the stock trading below all major long-term trend indicators. Immediate focus is on whether the 20-week SMA (~37.34) can hold as support; failure there likely opens the door for a retest of the major lows near 30.00.
Included In Lists
Related Tickers of Interest
CMG Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price was recently rejected at a major resistance confluence (50/200 SMAs) and posted a strong red candle (-4.89%), breaking back below the 40.00 level.
Long-term Sentiment (weeks to months): Bearish
The stock is trading well below key long-term moving averages (50-week and 200-week SMAs). The structure shows a series of lower highs and lower lows from the peak of ~68.00.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:36:39.010Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $37.00 | $36.50 - $37.50 | Weak | Aligns with the 20-period SMA (Bollinger Band basis) which may offer dynamic support. |
| $29.75 | $29.00 - $30.50 | Strong | Major swing low and recent capitulation bottom; crucial structural support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $44.25 | $43.50 - $45.00 | Strong | Heavy confluence zone containing the 50-week SMA, 200-week SMA, and upper Bollinger Band. |
| $48.50 | $48.00 - $49.00 | Weak | Recent swing high of the relief rally before the current reversal. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Rejection at Resistance | Bearish | $30.04 | Price rallied to test the breakdown zone defined by the 50 and 200-week SMAs but failed to reclaim them, resulting in a sharp rejection. |
| Weak | Rounding Bottom Attempt | Neutral | N/A | The price action from the low of ~29 to ~48 formed a rounded recovery structure, though the recent rejection threatens to invalidate it. |
Frequently Asked Questions about CMG
What is the current sentiment for CMG?
The short-term sentiment for CMG is currently Bearish because Price was recently rejected at a major resistance confluence (50/200 SMAs) and posted a strong red candle (-4.89%), breaking back below the 40.00 level.. The long-term trend is classified as Bearish.
What are the key support levels for CMG?
StockDips.AI has identified key support levels for CMG at $37.00 and $29.75. 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 49/100. 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.