Trading Signals: CEMI Stock Price Prediction and Forecast

^ CEMI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Aug. 7, 2020

Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)

(Chembio Diagnostics Inc)
CEMI latest price $5.4900 (0.92%) ($4.7100 - $5.4900) on Fri. Aug. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   10.35% (three month average)
RSI   61
Latest Price   $5.4900(0.92%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   CEMI advances 6% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CEMI advance at 0% a week (0% probability)
TIP(51%)    BWX(48%)    VCIT(48%)    TLT(35%)    CEMB(30%)
Factors Impacting CEMI price   CEMI will decline at least -5.175% in a week (0% probabilities).
UUP(-29%)    UNG(-24%)    TBT(-20%)    DRIV(-8%)    TAN(-7%)

Relative Volatility

Market Trend Strength   -5.175% (StdDev 10.35%)
Hourly BBV 0 ()
Intraday Trend 12%

5 Day Moving Average   $5.73(-4.19%)
10 Day Moving Average   $5.51(-0.36%)
20 Day Moving Average   $5.3(3.58%)
To recent high   -56.2%
To recent low   9.8%
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.

$. CEMI price fluctuates within 7.55% (three month std-dev: 10.35%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

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> 20200907

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_7_2020	9.13	5.3	5.51		5.66	5.39	5.49(0.92%)	UD	OpenLong	65	-0.6	7	-370	-2	34	5.01	81%	-0.54	103.2	10.35%	0	0.5	61	1.6
2	Aug_6_2020	9.18	5.24	5.47	5.73	5.82	5.78	5.44(-8.26%)	UD	OpenLong	75	-0.7	9	-0	-0	37	5.5	68%	-0.54	98.4	10.37%	0	0.5	60	1.7
3	Aug_5_2020	9.23	5.2	5.44	5.72	5.78	5.93	5.93(0.51%)	UT	OpenLong	75	0.4	16	210	7	41	3.19	74%	-0.54	103.2	10.41%	0	1.6	67	1.7
4	Aug_4_2020	9.28	5.11	5.34	5.54	5.58	5.86	5.9(0.51%)	UT	OpenLong	75	0.7	13	370	7	29	7.26	74%	-0.54	95.7	10.61%	0	1.5	64	1.6
5	Aug_3_2020	9.33	5.01	5.29	5.38	5.36	5.62	5.87(6.15%)	UT	OpenLong	75	1	9	330	6	19	8.82	74%	-0.53	92.8	10.62%	0	1.7	55	1.3

6	Jul_31_2020	9.38	4.92	5.19	5.26	5.21	5.3	5.53(3.17%)	UT	OpenLong	75	0.6	7	90	4	14	10.47	74%	-0.64	100.6	10.67%	0	1.3	65	1.5
7	Jul_30_2020	9.44	4.85	5.14	5.17	5.15	5.1	5.36(5.93%)	UT	OpenLong	75	0.4	6	-80	2	16	5.63	74%	-0.63	103.6	10.66%	0	1.1	69	1.3
8	Jul_29_2020	9.5	4.75	5.1	5.12	5.12	5.12	5.06(-0.2%)	UD	OpenLong	75	-0.1	5	0	-0	18	2.98	74%	-0.63	83.4	10.65%	0	0.5	62	1.6
9	Jul_28_2020	9.56	4.67	5.11	5.11	5.14	5.2	5.07(-4.34%)	UD	OpenLong	65	-0.1	4	100	-3	25	3.26	65%	-0.73	72.1	10.68%	0	0.6	65	1.5
10	Jul_27_2020	9.63	4.58	5.14	5.19	5.14	5.13	5.3(4.54%)	UT	OpenLong	75	0.2	15	-30	3	52	4.52	55%	-0.72	67	10.76%	0	1	73	1.5

11	Jul_24_2020	9.7	4.48	5.08	5.11	5.12	5.08	5.07(-0.98%)	UD	OpenLong	75	-0.1	14	-50	0	54	3.98	55%	-0.72	59.8	10.93%	0	0.8	66	1.2
12	Jul_23_2020	9.77	4.4	5.01	5.11	5.11	5.1	5.12(2.81%)	UT	OpenLong	75	0	15	-10	1	56	7.37	55%	-0.81	56.3	10.95%	0	0.9	64	1.3
13	Jul_21_2020	9.85	4.24	4.88	5.1	5.07	5.11	5.46(10.53%)	UT	HoldLong	65	0.5	23	40	1	90	13.99	55%	-0.71	12.1	10.92%	0	1.6	78	1.8
14	Jul_17_2020	9.92	4.08	4.63	5.04	5.09	5.03	5(-0.2%)	UD	OpenLong	75	-0.1	34	-50	6	117	4.14	61%	-0.8	-61.9	11.03%	0	1.3	75	1.9
15	Jul_16_2020	10	4.01	4.54	4.89	5	5.09	5.01(-1.76%)	UD	OpenLong	75	0.2	33	190	4	118	4.61	67%	-0.89	-94.3	11.04%	0	1.5	71	1.5

16	Jul_15_2020	10.09	3.95	4.38	4.78	4.81	5.15	5.1(-6.59%)	UD	OpenLong	75	0.5	33	510	8	108	9.44	67%	-0.79	-131.5	11.51%	0	1.9	70	1.4
17	Jul_14_2020	10.17	4.15	4.19	4.61	4.6	4.91	5.46(17.42%)	UT	OpenLong	75	0.6	37	470	16	101	26.63	67%	-0.88	-56.8	11.52%	0	0.9	75	0.9
18	Jun_16_2020	10.26	9.46	9.02	9.37	9.41	10.15	9.93(-4.98%)	UD	OpenLong	75	0.6	10	560	10	11	1.44	74%	0	-59.3	10.67%	0	0.5	51	-1
19	Jun_15_2020	10.26	9.56	8.9	9.12	9.05	9.43	10.45(16.11%)	N/A	N/A	0	1.2	7	270	11	-5	1.95	74%	0	-55.7	10.85%	0	0.8	50	-1.3
20	Jun_12_2020	10.26	9.63	8.73	8.79	8.74	8.67	9(5.88%)	DP	OpenShort	-65	0.2	-5	-70	3	-30	1.23	72%	-0.19	-56.1	10.72%	0	-0.5	36	-1.4

21	Jun_11_2020	10.28	9.79	8.78	8.63	8.72	8.68	8.5(-5.03%)	DT	OpenShort	-75	-0.1	-10	-0	0	-39	1.02	72%	-0.39	-52	10.82%	0	-1	38	-2.6
22	Jun_10_2020	10.32	9.92	8.83	8.6	8.68	8.82	8.95(2.99%)	DP	OpenShort	-75	0.3	-13	140	0	-53	0.76	72%	-0.19	-57.9	10.8%	0	-0.7	34	0.9
23	Jun_9_2020	10.34	10.05	8.9	8.61	8.64	8.76	8.69(-1.25%)	DT	OpenShort	-75	0.1	-15	110	0	-58	0.59	72%	-0.29	-64.8	10.84%	0	-1	36	1
24	Jun_8_2020	10.37	10.21	9.05	8.65	8.64	8.54	8.8(7.32%)	DP	OpenShort	-75	0.1	-16	-100	-0	-65	1.24	72%	-0.38	-65.1	10.96%	0	-1	32	1.6
25	Jun_5_2020	10.41	10.36	9.24	8.67	8.68	8.52	8.2(-1.91%)	DT	OpenShort	-75	-0.3	-24	-130	-8	-73	0.99	72%		-68.4	10.95%	0	-1.6	27	2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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