Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.0500 (-3.44%) ($5.0100 - $5.4700) on Wed. Aug. 21, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.16% (three month average) | RSI | 31 | Latest Price | $5.0500(-3.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -2.4% a day on average for past five trading days. | Weekly Trend | CEMI declines -4.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) ARKG(10%) IGOV(9%) SHY(8%) XBI(7%) BWX(5%) | Factors Impacting CEMI price | CEMI will decline at least -1.58% in a week (0% probabilities). UNG(-12%) IFRA(-8%) URA(-6%) XOP(-5%) XLU(-5%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.58% (StdDev 3.16%) | Hourly BBV | 0 () | Intraday Trend | -6.1% | | | |
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1 - 5 Day Possible Target | $-5.55(-209.9%) | Resistance Level | $5.74 | 5 Day Moving Average | $5.32(-5.08%) | 10 Day Moving Average | $5.58(-9.5%) | 20 Day Moving Average | $5.74(-12.02%) | To recent high | -32.9% | To recent low | 0% | Market Cap | $102m | | | | 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. |