Auto-detected technical analysis for CMG · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$32.28last close · Jun 25, 2026
CMG Rising Wedge Pattern
No chart pattern is currently detected on CMG. The most recent was a Rising Wedge, detected Jun 23, 2025.
A Rising Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $60.28 (+14.2%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; CMG's own rising wedges have hit 43.8%.
CMG's most recent completed Rising Wedge resolved as a loss: it broke higher on Jun 24, 2025 near $54.65, then was stopped out at $45.74 on Jul 24, 2025 — a -1.90R move (16.3%) over 21 sessions. Across 69 backtested rising wedges, this setup wins 47.8% of the time.
OutcomeLossResult-1.90REntry$54.65Exit$45.74
How Rising Wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
CMG win rate
43.8%
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
CMG support and resistance levels
Price found a floor near $28.77 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $33.62 — still about 0.5% away.
Traders commonly watch $33.62 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the long would have set up at the $28.77 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $30.48. These are chart/swing-derived levels, not formula pivots.
Support
$30.48$29.09
CMG recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$31.84
$32.42
$31.60
$32.28
Jun 24, 2026
$31.23
$31.79
$31.10
$31.69
Jun 23, 2026
$30.89
$31.40
$30.72
$30.95
Jun 22, 2026
$32.25
$32.33
$30.45
$30.54
Jun 18, 2026
$31.86
$32.82
$31.63
$32.49
Jun 17, 2026
$32.12
$32.51
$31.63
$31.86
Jun 16, 2026
$32.69
$33.45
$32.57
$32.61
Jun 15, 2026
$32.64
$33.06
$32.42
$32.73
Jun 12, 2026
$31.50
$32.59
$31.50
$32.23
Jun 11, 2026
$30.40
$31.32
$29.95
$31.25
CMG frequently asked questions
What chart pattern is CMG forming right now?
No pattern is currently detected on CMG. The most recent was a Rising Wedge, detected Jun 23, 2025.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on CMG is a bullish pattern, projecting a measured-move target of $60.28. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for CMG?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), CMG's nearest support is around $30.48 and nearest resistance around n/a.
What is the price target if CMG's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $60.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CMG's closing price on Jun 25, 2026?
Chipotle Mexican Grill (CMG) last closed at $32.28 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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