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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.

NASDAQ_CEMI
Open High Low CEMI Price Change
10.46 11.17 10.20 10.85 +0.65
Entry Signal

MarketClub’s Trade Triangles for CEMI

long term up The long-term trend has been UP since Mar 26th, 2020 at 5.40

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2020 at 10.45

short term down 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).

-60
Smart Scan Analysis for CEMI
Strong Downtrend Sideways 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 High11.55Year High Date2018-08-13
Year Low5.721Year Low Date2018-11-15
52wk High7.952wk High Date2019-05-17
52wk Low2.2552wk Low Date2020-03-16
Year End Close4.73Average Volume532,439
Shares Outstanding17,734Short Interest5,638
% Institutional1.1Market Cap113M
Assets55,728,964MLiabilities31,693,711M
P/E Ratio-9.4Beta0.05
Volatility87.79
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