(CEMI) Chembio Diagnostics complete technical analysis [charts+indicators] | Buy/Sell Chembio Diagnostics | (CEMI) share price targets
Complete technical analysis of Chembio Diagnostics (CEMI) by charts plus indicators, forecast predictions and share price targets for Chembio Diagnostics (CEMI)
Chembio Diagnostics trades in USA in Health Care sector.
10 day averaged volume of Chembio Diagnostics is 66321040
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Wed Aug 2021||3.42||3.73||3.75||3.27||0.367 times|
|03 Tue Aug 2021||3.52||2.98||3.78||2.82||0.774 times|
|02 Mon Aug 2021||2.94||2.99||3.11||2.87||0.074 times|
|30 Fri Jul 2021||2.84||2.74||3.08||2.72||0.096 times|
|29 Thu Jul 2021||2.79||2.93||2.94||2.75||0.044 times|
|28 Wed Jul 2021||2.94||2.75||3.09||2.75||0.107 times|
|27 Tue Jul 2021||2.75||2.96||2.97||2.63||0.11 times|
|26 Mon Jul 2021||2.97||3.10||3.47||2.93||0.189 times|
|23 Fri Jul 2021||3.06||4.00||4.06||2.95||0.361 times|
|22 Thu Jul 2021||4.31||4.97||7.34||4.25||2.273 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.7 as stoploss in an intra day sell trade for a target of 2.96. However, stock will show a bullish move above 3.7.
Share price targets for Chembio Diagnostics (CEMI)
Intraday share price targets for Chembio Diagnostics (CEMI)
|Downside Intraday Target||2.9|
|Downside Intraday Target||2.38|
|Upside Intraday Target||3.86|
|Upside Intraday Target||4.3|
|Downside Intraday Target||3.34|
Weekly technical analysis of Chembio Diagnostics (CEMI)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Wed Aug 2021||3.42||2.99||3.78||2.82||2.225 times|
|30 Fri Jul 2021||2.84||3.10||3.47||2.63||0.063 times|
|23 Fri Jul 2021||3.06||2.39||7.34||2.06||521.062 times|
|16 Fri Jul 2021||2.41||2.65||2.69||2.38||0.821 times|
|09 Fri Jul 2021||2.62||2.88||2.88||2.47||4.001 times|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Chembio Diagnostics (CEMI)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|04 Wed Aug 2021||3.42||2.99||3.78||2.82||0.132 times|
|30 Fri Jul 2021||2.84||2.98||7.34||2.06||45.476 times|
|30 Wed Jun 2021||2.97||3.20||3.42||2.81||1.583 times|
|28 Fri May 2021||3.19||3.97||4.01||2.97||0.028 times|
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Chembio Diagnostics (CEMI)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||41, 15, 46||Buy|
Price action analysis of Chembio Diagnostics ( (CEMI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Chembio Diagnostics ( (CEMI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Chembio Diagnostics ( (CEMI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Chembio Diagnostics ( (CEMI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Chembio Diagnostics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Chembio Diagnostics in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Chembio Diagnostics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Chembio Diagnostics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chembio Diagnostics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.79 and Chembio Diagnostics (CEMI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Chembio Diagnostics (CEMI) stock. Volume based technical analysis of Chembio Diagnostics (CEMI) stock is negative.
Chembio Diagnostics Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.