The Greedy Trader Weekly Analysis
Sign In Jul 12, 2024
Skip Navigation Links
TA Search
Share
Weekly D%-Slow:> 90
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Lane's Stochastic (%D-Slow)

The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.

Advanced TA Search

Archive
- 7/5/2024 -
Sign In to see current Signals.

Chipotle Mexican Grill (CMG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Relative Strength Index oversoldWilliams' Percentage Range is strongly oversold
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal lineThe price touches the lower Bollinger BandThe Bollinger Bands are historically far apart
Move cursor over the icon to see details.

It was a first positive week for the Chipotle Mexican Grill (CMG). During the week, the CMG climbed 0.10 points, or 0.16%, and closed at 62.75 on Friday, July 5, 2024. Weekly volume was 2131% above average.

Long-term trend: [See CMG long-term trend chart]
A long-term uptrend had started on June 14, 2022 at 1196.28 and reached 3463.07 on June 18, 2024. CMG gained -2266.79 points, or -189.49%, in 105 weeks. The price is now at the 150.01% retracement level.

Medium-term trend: [See CMG medium-term trend chart]
A medium-term downtrend had started on June 18, 2024 at 3463.07 and reached 60.25 on July 1, 2024. CMG lost 3402.82 points, or 98.26%, in 1 weeks. Price is near the trend low.

Weekly Technical Indicators: [See CMG weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since June 21, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See CMG short-term trend chart]
A short-term uptrend had started on July 1, 2024 at 60.25 and reached 62.96 on July 5, 2024. CMG gained -2.71 points, or -4.50%, in 4 days. The price is now at the 7.75% retracement level.

Daily Technical Indicators: [See CMG daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since June 21, 2024.

The price touches the lower Bollinger Band. The distance between the Bollinger Bands (10062.53%) is close to one year high (8685.84%). It is 5578.85% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 4.69
Strong Oversold
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 8.28
Strong Oversold
Greed/Fear Indicator (GFI) 4.34
Strong Oversold
Moving Average Converg./Diverg. (MACD) -652.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 14.77
Oversold
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 47.87
Greed/Fear Indicator (GFI) 23.24
Moving Average Converg./Diverg. (MACD) 158.49
Trading Signals
Description Value Chart
Upper Bollinger Band 4551.94
50 Day Moving Average 2613.42
20 Day Moving Average 1806.72
Weekly Stochastic Crossing 1558.73
Parabolic System 1258.30
Price 62.75
Daily Stochastic Crossing 60.88
Lower Bollinger Band -1762.30
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 3
Industry Restaurants 21
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 60.25
Low Date 07/01/2024
High 62.96
High Date 07/05/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 60.25
Low Date 07/01/2024
High 62.96
High Date 07/05/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 3463.07
High Date 06/18/2024
Low 60.25
Low Date 07/01/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1196.28
Low Date 06/14/2022
High 3463.07
High Date 06/18/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 247.51
Low Date 02/09/2018
High 3463.07
High Date 06/18/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.