Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $6.0000 (0.5%) ($5.9300 - $6.0100) on Fri. Jun. 14, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.81% (three month average) | RSI | 32 | Latest Price | $6.0000(0.5%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -1.8% a day on average for past five trading days. | Weekly Trend | CEMI declines -4.3% a week on average for past two weeks. | Market Behavior | Normal 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%) VIXM(8%) XBI(8%) IGOV(7%) SHY(7%) | Factors Impacting CEMI price | CEMI will decline at least -1.405% in a week (0% probabilities). UNG(-11%) IFRA(-7%) XLP(-5%) VXX(-5%) XOP(-4%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.405% (StdDev 2.81%) | Hourly BBV | 0 () | Intraday Trend | 0.2% | | | |
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1 - 5 Day Possible Target | $-8.4(-240%) | Resistance Level | $6.73 | 5 Day Moving Average | $6.13(-2.12%) | 10 Day Moving Average | $6.42(-6.54%) | 20 Day Moving Average | $6.73(-10.85%) | To recent high | -23.6% | To recent low | 12.8% | Market Cap | $121m | | | | 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. |