Chipotle Mexican Grill stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 66 to 76.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they begin their largest price moves. See if Chipotle Mexican Grill stock can continue to show renewed price strength and hit that benchmark.
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Is Chipotle Mexican Grill Stock A Buy?
Chipotle Mexican Grill stock is working on a consolidation with a 69.26 buy point. See if the retail stock can break out in volume at least 40% above average.
The fast casual Mexican restaurant chain showed 17% earnings growth in its most recent report. Revenue gains came in at 13%.
Chipotle Mexican Grill stock holds the No. 6 rank among its peers in the Retail-Restaurants industry group. CAVA Group, Texas Roadhouse and Shake Shack Cl A are among the top 5 highly rated stocks within the group.
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