Trading Signals: CEMI Stock Price Prediction and Forecast

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Wed. Apr. 17, 2019

Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)

(Chembio Diagnostics Inc)
CEMI latest price $7.2000 (2.42%) ($6.9300 - $7.2400) on Wed. Apr. 17, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.18% (three month average)
RSI   80
Latest Price   $7.2000(2.42%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CEMI advances 1.7% a day on average for past five trading days.
Weekly Trend   CEMI advances 8.4% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CEMI advance at 0% a week (0% probability)
ARKG(10%)    XBI(8%)    IGOV(7%)    SHY(6%)    ARKK(5%)
Factors Impacting CEMI price   CEMI will decline at least -1.59% in a week (0% probabilities).
UNG(-11%)    IFRA(-7%)    XLU(-4%)    XLRE(-4%)    XLP(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -1.59% (StdDev 3.18%)
Hourly BBV 0 ()
Intraday Trend 2.7%

5 Day Moving Average   $6.78(6.19%)
10 Day Moving Average   $6.56(9.76%)
20 Day Moving Average   $6.11(17.84%)
To recent high   0%
To recent low   35.3%
Market Cap   $145m

Chembio Diagnostics, Inc. develops, manufactures, markets and licenses rapid point-of-care diagnostic tests that detect infectious diseases. The firm expanding its product portfolio based upon the proprietary Dual Path Platform, which uses a small drop of blood from the fingertip to provide cost-effective diagnostic results in approximately 15 minutes. Its products include human and veterinary diagnostics. The company was founded in 1985 and is headquartered in Hauppauge, NY.

$. CEMI price fluctuates within 9.17% (three month std-dev: 3.18%) daily (68% of days).

Sample size 28 Average positive next day return: 4.49%(46%) Average negative next day return: -2.74%(54%) Sample size 28 Average positive next three day return: 6.22%(46%) Average negative next three day return: -5.32%(54%) Sample size 28 Average positive next weekly return: 7.33%(43%) Average negative next weekly return: -5.68%(57%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190517

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_17_2019	6.37	6.11	6.56	6.78	6.78	6.99	7.2(2.42%)	UT	HoldLong	65	0.8	52	220	15	164	0.07	55%	0.16	48.1	3.18%	0	1.9	80	1.8
2	Apr_16_2019	6.36	6.04	6.45	6.67	6.64	6.76	7.03(5.4%)	UT	HoldLong	65	0.7	51	110	11	172	0.08	55%	0.16	47.8	3.19%	0	2	80	2.1
3	Apr_15_2019	6.35	5.97	6.35	6.59	6.61	6.57	6.67(1.68%)	UT	HoldLong	65	0.2	53	-30	8	189	0.11	51%	0	47.6	3.12%	0	1.6	79	2.1
4	Apr_12_2019	6.35	5.93	6.25	6.52	6.58	6.53	6.56(2.18%)	UT	OpenLong	75	0.1	53	-30	8	187	0.07	51%	0.16	44.3	3.09%	0	1.5	72	2.4
5	Apr_11_2019	6.34	5.89	6.15	6.43	6.52	6.53	6.42(-3.89%)	UD	OpenLong	75	-0	55	170	14	177	0.07	51%	0	39.8	3.1%	0	1.4	67	1.6

6	Apr_10_2019	6.34	5.86	6.06	6.31	6.38	6.64	6.68(1.21%)	UT	OpenLong	75	1	52	320	17	156	0.16	54%	0.16	20.4	3.07%	0	2.3	71	1.3
7	Apr_9_2019	6.33	5.81	5.93	6.2	6.19	6.41	6.6(4.27%)	UT	OpenLong	75	1.3	45	240	17	127	0.13	54%	0	-1.1	3.07%	0	2.5	65	0.6
8	Apr_8_2019	6.33	5.77	5.8	6.09	6.09	6.13	6.33(3.26%)	UT	OpenLong	75	0.9	39	50	20	94	0.12	51%	0	-25	3.02%	0	2.1	58	1.2
9	Apr_5_2019	6.33	5.75	5.71	5.94	6	5.98	6.13(5.69%)	UT	OpenLong	75	0.8	22	10	13	48	0.12	55%	0.16	-59.2	3.15%	0	1.6	55	1.3
10	Apr_4_2019	6.32	5.74	5.65	5.82	5.89	6.06	5.8(-5.38%)	UD	OpenLong	75	-0.1	11	240	9	16	0.04	57%	0	-68.3	3.09%	0	0.2	47	1.2

11	Apr_3_2019	6.32	5.78	5.63	5.76	5.78	6.01	6.13(0.99%)	UT	OpenLong	75	1	19	290	23	6	0.17	62%	0	-63.9	3.24%	0	0.9	60	1
12	Apr_2_2019	6.32	5.81	5.58	5.61	5.61	5.72	6.07(9.17%)	N/A	N/A	0	1.1	10	140	21	-24	0.18	62%	-0.16	-69.2	3.27%	0	0.6	57	1.2
13	Apr_1_2019	6.33	5.84	5.55	5.46	5.46	5.56	5.56(0.18%)	DP	OpenShort	-65	0.2	-14	130	4	-66	0.04	55%	-0.16	-71.6	3.06%	0	-0.6	31	1.2
14	Mar_29_2019	6.34	5.9	5.58	5.44	5.46	5.5	5.55(1.28%)	DP	OpenShort	-65	0.2	-18	90	1	-76	0.02	59%	-0.31	-69.9	3.12%	0	-0.7	28	1
15	Mar_28_2019	6.36	5.96	5.61	5.45	5.42	5.37	5.48(1.86%)	DP	OpenShort	-75	0.1	-23	-80	-4	-81	0.15	63%	-0.31	-65.5	3.14%	0	-0.9	30	0.7

16	Mar_27_2019	6.38	6.04	5.64	5.48	5.46	5.35	5.38(1.13%)	DP	OpenShort	-75	-0.2	-34	-150	-11	-103	0.77	63%	-0.16	-61.4	3.25%	0	-1.2	15	0.2
17	Mar_26_2019	6.39	6.12	5.68	5.55	5.56	5.47	5.32(-2.92%)	DT	HoldShort	-65	-0.4	-41	-110	-14	-120	0.18	63%	-0.31	-55.2	3.25%	0	-1.4	12	0.4
18	Mar_25_2019	6.41	6.2	5.75	5.66	5.66	5.56	5.48(-1.79%)	DT	HoldShort	-65	-0.3	-39	-120	-11	-122	0.02	63%	-0.31	-50.5	3.24%	0	-1.3	14	-0.9
19	Mar_22_2019	6.43	6.27	5.81	5.74	5.77	5.65	5.58(-0.89%)	DT	HoldShort	-65	-0.3	-38	-130	-8	-128	0.04	63%	-0.31	-48.2	3.26%	0	-1.3	15	-1
20	Mar_21_2019	6.45	6.34	5.86	5.8	5.82	5.76	5.63(-2.26%)	DT	HoldShort	-65	-0.3	-38	-60	-4	-141	0.03	57%	-0.31	-47.9	3.28%	0	-1.4	14	1.4

21	Mar_20_2019	6.47	6.4	5.96	5.82	5.85	5.89	5.76(-1.87%)	DT	HoldShort	-65	-0.1	-36	60	-1	-139	0.02	57%	-0.46	-50.3	3.39%	0	-1.3	14	1.3
22	Mar_19_2019	6.5	6.44	6.06	5.83	5.83	5.88	5.87(0.17%)	DP	OpenShort	-75	0.1	-37	60	-2	-142	0.06	57%	-0.46	-57.4	3.42%	0	-1.2	16	1.7
23	Mar_18_2019	6.53	6.49	6.14	5.86	5.82	5.8	5.86(-0.17%)	DT	HoldShort	-65	0	-39	-40	-4	-142	0.03	54%	-0.31	-58.1	3.42%	0	-1.4	19	1.8
24	Mar_15_2019	6.55	6.54	6.24	5.9	5.87	5.79	5.87(2.09%)	DP	OpenShort	-75	-0.1	-38	-110	-4	-139	0.1	54%	-0.46	-57.7	3.45%	0	-1.5	19	2.2
25	Mar_14_2019	6.58	6.6	6.34	5.93	5.94	5.83	5.75(-0.86%)	DT	HoldShort	-65	-0.4	-51	-120	-20	-143	0.04	54%		-56.4	3.47%	0	-2	13	2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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