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Uptrend Call Working As Chipotle Mexican Stock Rises 60.1% (CMG)

By David Diaz

SmarTrend identified an Uptrend for Chipotle Mexican (NYSE:CMG) on February 14th, 2018 at $286.53. In approximately 5 months, Chipotle Mexican has returned 60.09% as of today's recent price of $458.72.

In the past 52 weeks, Chipotle Mexican share prices have been bracketed by a low of $247.51 and a high of $474.46 and are now at $458.72, 85% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.6%.

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