Technical Analysis on Wendy's Co. and Chipotle Mexican Grill Inc. - Restaurants Poised for Growth

Tue Nov 6, 2012 8:00am EST

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  NEW YORK, NY, Nov 06 (Marketwire) -- 
The recovering economy and upbeat consumer confidence are encouraging
signs for the restaurant industry and companies such as The Wendy's
Company and Chipotle Mexican Grill Inc. Consumer confidence rose to its
highest level in over four years in October, suggesting that consumers
are more comfortable about loosening their purse strings and eating out.
The Restaurant Performance Index declined in September, but it still
remained over 100, which indicates expansion. has initiated
technical analysis on The Wendy's Company (NASDAQ: WEN) and Chipotle
Mexican Grill Inc. (NYSE: CMG) which serves the Restaurants industry.
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    Individual companies have been looking to innovations in marketing and
store layout as a way to grow profits of late, with select companies
seeing success from their efforts. Some companies have been adding WIFI
capabilities to their stores, while others have been focusing on online
marketing through social media, mobile apps and other channels. Read our
technical analysis on The Wendy's Company by clicking on 

    Menu innovations are also driving profits for some, as those offering
high-quality products have been able to capitalize on consumers that are
increasingly inclined towards healthy eating. With this trend showing no
signs of slowing down, companies that can provide quality products at
competitive prices look best-positioned to outperform their peers.
Investors looking for technical analysis on Chipotle Mexican Grill Inc.
are encouraged to use the link below 

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