Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.4400 (-2.33%) ($5.4400 - $5.4400) on Mon. Mar. 1, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.07% (three month average) | RSI | 22 | Latest Price | $5.4400(-2.33%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.9% a day on average for past five trading days. | Weekly Trend | CEMI declines -14.6% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) XLC(-68%) SIL(-5%) SKYY(-49%) SLV(-49%) REMX(-33%) | Factors Impacting CEMI price | CEMI will decline at least -2.535% in a week (0% probabilities). XRT(-28%) IDRV(-16%) IBB(-39%) IWC(-24%) IWN(-65%) | | | | | Relative Volatility | | | | Market Trend Strength | -2.535% (StdDev 5.07%) | Hourly BBV | -1.7 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $-16.8(-408.82%) | Inflection Point | Yes | Resistance Level | $6.7 | 5 Day Moving Average | $5.55(-1.98%) | 10 Day Moving Average | $5.97(-8.88%) | 20 Day Moving Average | $6.7(-18.81%) | To recent high | -31.4% | To recent low | 8% | 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. |