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Chipotle Mexican Shares Up 62.7% Since SmarTrend's Buy Recommendation (CMG)

By Amy Schwartz

SmarTrend identified an Uptrend for Chipotle Mexican (NYSE:CMG) on February 14th, 2018 at $286.53. In approximately 4 months, Chipotle Mexican has returned 62.74% as of today's recent price of $466.30.

Over the past year, Chipotle Mexican has traded in a range of $247.51 to $470.00 and is now at $466.30, 88% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has risen 0.7%.

Chipotle Mexican Grill, Inc. owns and operates quick serve Mexican restaurants. The Company operates restaurants throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Chipotle Mexican shares.

Log in and add Chipotle Mexican (CMG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights chipotle mexican

Ticker(s): CMG