Technical Analysis for CEMI - Chembio Diagnostics, Inc.

Grade Last Price % Change Price Change
grade A 7.7 -1.53% -0.12
CEMI closed down 1.53 percent on Monday, May 20, 2019, on 76 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Up Flat
See historical CEMI trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
200 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
200 DMA Support Bullish -1.53%
Pocket Pivot Bullish Swing Setup -1.53%
Overbought Stochastic Strength -1.53%
200 DMA Support Bullish -0.77%
Overbought Stochastic Strength -0.77%

Older signals for CEMI ...

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Profile
Chembio Diagnostics, Inc., together with its wholly-owned subsidiary, Chembio Diagnostic Systems, Inc., develops, manufactures, markets, and licenses rapid point-of-care diagnostic tests that detect infectious diseases. It offers rapid tests for the detection of HIV antibodies, syphilis, and canine leishmaniasis. Its products include lateral flow rapid HIV tests and Dual Path Platform (DPP) HIV Test, which detect antibodies to HIV 1 and 2 with visually interpreted results; a multiplex Syphilis Screen and Confirm test, a multiplex test for the separate detection of antibodies to HIV and Syphilis; and a rapid test for the detection of Hepatitis-C antibodies and antigens. The company sells its products under its STAT PAK, SURE CHECK, or DPP trademarks, as well as under the private labels of its marketing partners. Chembio Diagnostics, Inc. sells its products to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. The company has collaboration agreements with the Oswaldo Cruz Foundation relating to products based on its DPP technology products. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York.
Medicine Medical Specialties Immunology Infectious Diseases Antibodies Immune System Antibody Diagnostic Tests Medical Tests HIV Technology Products HIV/Aids Ortho Clinical Diagnostics Retail Establishments Diagnosis Of Hiv/Aids
Is CEMI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 11.55
52 Week Low 4.85
Average Volume 79,933
200-Day Moving Average 7.6817
50-Day Moving Average 6.629
20-Day Moving Average 7.4405
10-Day Moving Average 7.671
Average True Range 0.3669
ADX 13.49
+DI 18.4302
-DI 15.303
Chandelier Exit (Long, 3 ATRs ) 6.7993
Chandelier Exit (Short, 3 ATRs ) 7.8207
Upper Bollinger Band 7.9662
Lower Bollinger Band 6.9148
Percent B (%b) 0.75
BandWidth 14.130771
MACD Line 0.2962
MACD Signal Line 0.2976
MACD Histogram -0.0014
Fundamentals Value
Market Cap 94.78 Million
Num Shares 12.3 Million
EPS -0.71
Price-to-Earnings (P/E) Ratio -10.85
Price-to-Sales 4.04
Price-to-Book 4.83
PEG Ratio -0.47
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.02
Resistance 3 (R3) 7.99 7.87 7.96
Resistance 2 (R2) 7.87 7.79 7.88 7.94
Resistance 1 (R1) 7.78 7.74 7.72 7.81 7.93
Pivot Point 7.66 7.66 7.63 7.67 7.66
Support 1 (S1) 7.57 7.58 7.51 7.60 7.47
Support 2 (S2) 7.45 7.53 7.46 7.46
Support 3 (S3) 7.36 7.45 7.44
Support 4 (S4) 7.39