Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.5200 (-3.33%) ($5.4500 - $5.8000) on Wed. Oct. 23, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.36% (three month average) | RSI | 47 | Latest Price | $5.5200(-3.33%) | Stocks Behave Similarly | Similar Stock List | Weekly Trend | CEMI declines -0.1% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) UNG(21%) IGOV(7%) USO(7%) XAR(7%) XRT(6%) | Factors Impacting CEMI price | CEMI will decline at least -1.68% in a week (0% probabilities). URA(-10%) IPO(-7%) JNK(-6%) HYG(-6%) BLOK(-6%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.68% (StdDev 3.36%) | Hourly BBV | 0 () | Intraday Trend | 1.3% | | | |
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Resistance Level | $5.7 | 5 Day Moving Average | $5.56(-0.72%) | 10 Day Moving Average | $5.55(-0.54%) | 20 Day Moving Average | $5.7(-3.16%) | To recent high | -23.9% | To recent low | 9.5% | Market Cap | $111m | | | | 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. |