Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $7.3400 (-2.52%) ($7.2800 - $7.7900) on Wed. May. 22, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.8% (three month average) | RSI | 61 | Latest Price | $7.3400(-2.52%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -1.3% a day on average for past five trading days. | Weekly Trend | CEMI advances 2% 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) ARKG(11%) XBI(8%) IGOV(7%) SHY(6%) ARKK(5%) | Factors Impacting CEMI price | CEMI will decline at least -1.4% in a week (0% probabilities). UNG(-11%) IFRA(-7%) XOP(-4%) XLU(-4%) XLRE(-4%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.4% (StdDev 2.8%) | Hourly BBV | 0 () | Intraday Trend | -3.4% | | | |
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Resistance Level | $7.48 | 5 Day Moving Average | $7.63(-3.8%) | 10 Day Moving Average | $7.65(-4.05%) | 20 Day Moving Average | $7.48(-1.87%) | To recent high | -6.5% | To recent low | 38% | Market Cap | $148m | | | | 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. |