Trading Signals: CEMI Stock Price Prediction and Forecast (Wed. Nov. 26, 2003 - Wed. Jul. 21, 2021)(Chembio Diagnostics Inc)
| CEMI latest price $7.2400 (1.12%) ($7.2400 - $7.2400) on Fri. Feb. 12, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.9% (three month average) | RSI | 64 | Latest Price | $7.2400(1.12%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | CEMI declines -0.7% a day on average for past five trading days. | Weekly Trend | CEMI advances 7.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) VXX(13%) XLC(-36%) UNG(-11%) XBI(-26%) VWO(-27%) | Factors Impacting CEMI price | CEMI will decline at least -2.45% in a week (0% probabilities). XRT(-22%) ICLN(-35%) IDRV(-32%) INDA(-48%) IPO(-41%) | | | | | Relative Volatility | | | | Market Trend Strength | -2.45% (StdDev 4.9%) | Hourly BBV | -1 () | Intraday Trend | 0% | | | |
|
5 Day Moving Average | $7.61(-4.86%) | 10 Day Moving Average | $7.5(-3.47%) | 20 Day Moving Average | $6.95(4.17%) | To recent high | -8.8% | To recent low | 43.8% | Market Cap | $146m | | | | 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. |