Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.3500 (0.94%) ($5.2800 - $5.4300) on Thu. Oct. 31, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.4% (three month average) | RSI | 45 | Latest Price | $5.3500(0.94%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.2% a day on average for past five trading days. | Weekly Trend | CEMI declines -0.9% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based sell-off 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 -1.7% in a week (0% probabilities). URA(-10%) IPO(-7%) JNK(-6%) HYG(-6%) BLOK(-6%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.7% (StdDev 3.4%) | Hourly BBV | 0 () | Intraday Trend | -1.5% | | | |
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1 - 5 Day Possible Target | $1.15(-78.5%) | Resistance Level | $5.51 | 5 Day Moving Average | $5.43(-1.47%) | 10 Day Moving Average | $5.48(-2.37%) | 20 Day Moving Average | $5.51(-2.9%) | To recent high | -26.2% | To recent low | 6.2% | Market Cap | $108m | | | | 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. |