Chipotle Mexican Grill, Inc. (NYSE: CMG)
Chipotle Mexican Grill, Inc. (NYSE: CMG) is a restaurant company. The Company develops and operates restaurants that serve a menu of burritos, burrito bowls, quesadillas, tacos, and salads, made using fresh ingredients. The Company operates approximately 3839 restaurants in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and United Arab Emirates.
As per previous Kalkine’s US Daily Report published on ‘CMG’ on November 26, 2025, Kalkine provided an ‘Buy’ stance on the stock at USD 34.03 based on fundamental analysis and the stock price has now moved up by ~11.05% since then, attaining resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:

Share Price Chart

Considering a volatile market condition led by recent tariffs escalation from United States and subsequent retaliation, resistance 1 attainment, recessionary fear, higher interest rate and geopolitical disruption, a "Sell" recommendation on Chipotle Mexican Grill, Inc. (NYSE: CMG) has been given at the closing market price of USD 37.79, as of December 23, 2025.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 23 December 2025. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and/or technical analysis taking into consideration both short-term and long-term scenario.
Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’
Note 6: Dividend Yield may vary as per the stock price movement.
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Past performance is not a reliable indicator of future performance.