Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $8.6900 (-1.25%) ($8.5800 - $9.1900) on Tue. Jun. 9, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 10.84% (three month average) | RSI | 36 | Latest Price | $8.6900(-1.25%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.5% a day on average for past five trading days. | Weekly Trend | CEMI declines -10.5% a week on average for past two weeks. | Market Behavior | Value stocks 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) BNDX(66%) VCIT(50%) PCY(49%) VCSH(48%) CEMB(46%) | Factors Impacting CEMI price | CEMI will decline at least -5.42% in a week (0% probabilities). URA(-33%) TBT(-31%) XME(-24%) VXX(-23%) PAVE(-19%) | | | | | Relative Volatility | | | | Market Trend Strength | -5.42% (StdDev 10.84%) | Hourly BBV | 0 () | Intraday Trend | -0.7% | | | |
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1 - 5 Day Possible Target | $-15.31(-276.18%) | Resistance Level | $10.05 | 5 Day Moving Average | $8.61(0.93%) | 10 Day Moving Average | $8.9(-2.36%) | 20 Day Moving Average | $10.05(-13.53%) | To recent high | -44.1% | To recent low | 69.7% | Market Cap | $175m | | | | 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. |