
Technical analysis of Chipotle Mexican Grill, Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Chipotle Mexican Grill, Inc. is a restaurant chain operating Chipotle Mexican Grill restaurants in the United States, Canada, France, Germany, and the United Kingdom. The company offers Mexican meals such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids' meals, chips, and sides, with options made using responsibly raised meats. It also provides digital ordering services through its website, mobile app, and third-party delivery platforms.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
31.07 $
−9.65%
50 sessions
33.71 $
−16.71%
200 sessions
34.42 $
−18.43%
s2
28.71
Support
s1
29.18
Support
pivot
29.95
Pivot
r1
30.42
Resistance
r2
31.19
Resistance
In the October 21, 2026 session Chipotle Mexican Grill, Inc. closed lower at 28.07 $, −5.31% versus the previous session.
The price sits below every moving average observed: −9.65% against the 21-session average, −16.71% against the 50 and −18.43% against the 200.
The 14-period RSI reads 26.7, in oversold territory.
MACD stands at -1.242 against a signal line at -1.097: the histogram is negative (−0.145).
ADX reads 15.0, indicating weak directionality.
Levels computed on the latest session place supports at 29.18 and 28.71 $ and resistances at 30.42 and 31.19 $, around a pivot of 29.95.
The average daily range (ATR) is 1.191 $, or 4.24% of price.
Turnover was 23.7M shares, 109% of the 20-session average.
Over the last twelve months the price ranged between 27.87 and 39.09 $, and today stands −28.18% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Chipotle Mexican Grill, Inc. analysed technically?
Technical analysis of Chipotle Mexican Grill, Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Chipotle Mexican Grill, Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Chipotle Mexican Grill, Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Chipotle Mexican Grill, Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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