Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.4600 (10.53%) ($4.6500 - $5.8700) on Tue. Jul. 21, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 10.92% (three month average) | RSI | 78 | Latest Price | $5.4600(10.53%) | Stocks Behave Similarly | Similar Stock List | Weekly Trend | CEMI advances 16.3% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) VCIT(36%) TIP(33%) TLT(26%) LQD(23%) ARKG(18%) | Factors Impacting CEMI price | CEMI will decline at least -5.46% in a week (0% probabilities). URA(-47%) XOP(-35%) XLE(-35%) OIH(-33%) XME(-30%) | | | | | Relative Volatility | | | | Market Trend Strength | -5.46% (StdDev 10.92%) | Hourly BBV | 0 () | Intraday Trend | 10.5% | | | |
|
5 Day Moving Average | $5.1(7.06%) | 10 Day Moving Average | $4.88(11.89%) | 20 Day Moving Average | $4.24(28.77%) | To recent high | -64.9% | To recent low | 9.2% | Market Cap | $110m | | | | 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. |