Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $5.0350 (6%) ($5.0350 - $5.0350) on Mon. Jan. 4, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.17% (three month average) | RSI | 34 | Latest Price | $5.0350(6%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.6% a day on average for past five trading days. | Weekly Trend | CEMI declines -6.2% a week on average for past two weeks. | Market Behavior | Broad based 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) ICLN(-8%) OIH(-8%) VXX(36%) FXI(1%) EWY(-4%) | Factors Impacting CEMI price | CEMI will decline at least -2.585% in a week (0% probabilities). DIA(-87%) IVW(-75%) XME(-66%) XOP(-64%) IWF(-63%) | | | | | Relative Volatility | | | | Market Trend Strength | -2.585% (StdDev 5.17%) | Hourly BBV | 2.8 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $-14.01(-378.25%) | Inflection Point | Yes | Resistance Level | $5.5 | 5 Day Moving Average | $4.85(3.81%) | 10 Day Moving Average | $5.1(-1.27%) | 20 Day Moving Average | $5.5(-8.45%) | To recent high | -33.2% | To recent low | 0.7% | Market Cap | $102m | | | | 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. |