Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.7200 (-4.51%) ($5.4300 - $6.0000) on Fri. Jul. 12, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.91% (three month average) | RSI | 50 | Latest Price | $5.7200(-4.51%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.2% a day on average for past five trading days. | Weekly Trend | CEMI declines -0.8% 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) ARKG(11%) IGOV(8%) XBI(8%) SHY(7%) ARKK(5%) | Factors Impacting CEMI price | CEMI will decline at least -1.455% in a week (0% probabilities). UNG(-11%) IFRA(-7%) XLU(-5%) XLP(-5%) VXX(-5%) | | | | | Relative Volatility | | | | Market Trend Strength | -1.455% (StdDev 2.91%) | Hourly BBV | 0 () | Intraday Trend | -3.5% | | | |
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Resistance Level | $5.91 | 5 Day Moving Average | $5.84(-2.05%) | 10 Day Moving Average | $5.91(-3.21%) | 20 Day Moving Average | $5.91(-3.21%) | To recent high | -27.1% | To recent low | 1.1% | 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. |