Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $8.0800 (8.6%) ($7.3000 - $8.6200) on Sun. Apr. 12, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 9% (three month average) | RSI | 83 | Latest Price | $8.0800(8.6%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI advances 3.8% a day on average for past five trading days. | Weekly Trend | CEMI advances 26.4% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) | Factors Impacting CEMI price | CEMI will decline at least -4.5% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | | | | Market Trend Strength | -4.5% (StdDev 9%) | Hourly BBV | 0 () | Intraday Trend | 7.3% | | | |
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5 Day Moving Average | $7.12(13.48%) | 10 Day Moving Average | $6.62(22.05%) | 20 Day Moving Average | $5.17(56.29%) | To recent high | 0% | To recent low | 57.8% | Market Cap | $N/A | | | | 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. |