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Chipolte Mexican Grille - Buy Signals

|Includes: Chipotle Mexican Grill, Inc. (CMG)

This morning I added Chipolte Mexican Grill (NYSE:CMG) to the BarchartVan Meerten New High portfolio for very positive upward price movement:

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 8.62% in the last month
  • Relative Strength Index 81.69%
  • Barchart computes a technical support level at 411.54
  • Recently traded at 418.13 with a 50 day moving average of 381.01

Disclosure: I am long CMG.