Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.6800 (3.46%) ($5.5000 - $5.7300) on Mon. Aug. 10, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 10.36% (three month average) | RSI | 54 | Latest Price | $5.6800(3.46%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.7% a day on average for past five trading days. | Weekly Trend | CEMI advances 4.8% 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(69%) TIP(63%) BWX(52%) TLT(32%) CEMB(31%) | Factors Impacting CEMI price | CEMI will decline at least -5.18% in a week (0% probabilities). UUP(-29%) UNG(-24%) TBT(-20%) DRIV(-8%) TAN(-7%) | | | | | Relative Volatility | | | | Market Trend Strength | -5.18% (StdDev 10.36%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $5.69(-0.18%) | 10 Day Moving Average | $5.54(2.53%) | 20 Day Moving Average | $5.35(6.17%) | To recent high | -54.7% | To recent low | 13.6% | Market Cap | $115m | | | | 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. |