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Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Chembio Diagnostics, Inc (NASDAQ:CEMI)
Crossroads (-60) - CEMI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CEMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CEMI
The long-term trend has been UP since Mar 26th, 2020 at 5.40
The intermediate-term trend has been DOWN since May 21st, 2020 at 10.45
The short-term trend has been DOWN since May 19th, 2020 at 11.13
Smart Scan Analysis for CEMI
Based on our trend formula, CEMI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.46 | 11.17 | 10.20 | 10.85 | +0.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.48 | 552757 | 2020-05-22 15:59:42 |
| Year High | 11.55 | Year High Date | 2018-08-13 |
| Year Low | 5.721 | Year Low Date | 2018-11-15 |
| 52wk High | 7.9 | 52wk High Date | 2019-05-17 |
| 52wk Low | 2.25 | 52wk Low Date | 2020-03-16 |
| Year End Close | 4.73 | Average Volume | 532,439 |
| Shares Outstanding | 17,734 | Short Interest | 5,638 |
| % Institutional | 1.1 | Market Cap | 113M |
| Assets | 55,728,964M | Liabilities | 31,693,711M |
| P/E Ratio | -9.4 | Beta | 0.05 |
| Volatility | 87.79 |