Market Read®

  • Wednesday, June 01 2016

This prediction has passed its maturity date!

This prediction was valid between February 27, 2013 and March 07, 2013. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: MDRX)

Allscripts
Healthcare
Solutions


Bullish

Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Clinical and Financial Solutions segment provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services, including EHR related software, financial and practice management software, related installation and training services, and electronic claims administration services. The Population Health segment engages in performance and care logistics, and population health strategic businesses that offer health management solutions, which enable hospitals, health systems, and accountable care organizations to connect, transition, analyze, and coordinate care across the care community. The Managed Services segment provides healthcare IT outsourcing solutions and remote hosting solutions, as well as professional services, such as implementation, consulting, education, and technical support. The company serves consumers, physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers, and post-acute organizations. The company has a strategic partnership with Center for Digital Innovation. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

Investment Highlights

  • PATTERN SCAN predicts the price of MDRX expected to move up in the coming weeks based on the appearance of a 'Broadening Continuation' pattern. Specifically, a Breakout (Stocks) DO variant of Broadening Continuation has been detected. The target is $12.06. more
  • PATTERN SCAN predicts the price of MDRX expected to move up in the coming weeks based on the appearance of a 'Volume Climax' pattern. Specifically, a Breakout (Stocks) DO variant of Volume Climax has been detected. The target is $12.94. more
  • GATS predicts MDRX will move up in the coming weeks. Target is $14.07. more
  • GATS predicts MDRX will move up in the coming weeks. Target is $13.46. more
  • SQUEEZETRIGGER predicts that when MDRX closes above $15.34, we expect a short squeeze to begin that could quickly drive the price of MDRX considerably higher.
  • VALUATION MDRX has a current calculated value of $17.53 which means the stock is undervalued compared to its price of $13.4.

Predictive Range January 31, 2013 - March 07, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$12.14 - $13.13

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

Pattern Scan

 

Tracks "Trigger Events" that positively or negatively affect the value of a stock.

Allscripts Healthcare Solutions (NASDAQ: MDRX) is predicted to go up in coming weeks based on bullish technical trends that have appeared in the recent performance of the stock. MDRX has demonstrated Broadening Continuation strategy Breakout (Stocks) DO with a strength of 3.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of MDRX expected to move up in the coming weeks.
  • PatternScan has detected that a 'Breakout (Stocks) DO' pattern has appeared.
  • Specifically, a Breakout (Stocks) DO variant of Broadening Continuation has been detected.
  • This indicates a high probablity that MDRX will move up in the coming weeks.

GATS

 

Reduces risk by selecting the highest probability trades across market indices.

Allscripts Healthcare Solutions (NASDAQ: MDRX) is expected to go up as bullish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves.

  • The price of MDRX expected to move up in the coming weeks.
  • Suggested stop level of 11.45 to limit potential trading losses.

Squeeze Trigger

 

We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for MDRX is 15.34.

This means that when MDRX closes above $15.34, we expect a short squeeze to begin that could quickly drive the price of MDRX considerably higher.

Date Short Volume Short Value SqueezeTrigger
2016-03-31 8256237 105432972.114 12.7701
2016-02-29 15086446 188909459.523 12.5218
2016-01-31 10033514 142981587.906 14.2504
2015-12-31 6275462 93762305.2882 14.9411
2015-11-30 15050950 222000007.405 14.7499
2015-10-31 15154811 200728502.657 13.2452
2015-09-30 13798386 182402244.373 13.2191
2015-08-31 16584489 234449945.646 14.1367
2015-07-31 8727146 123901037.191 14.1972
2015-06-30 17169910 243476191.764 14.1804
2015-05-31 18898884 261919633.356 13.859
2015-04-30 13768184 172081647.724 12.4985
2015-03-31 19688023 237148143.442 12.0453
2015-02-28 20395737 244514293.025 11.9885
2015-01-31 14702729 184538362.498 12.5513
2014-12-31 5270457 63379880.6535 12.0255
2014-11-30 5210250 64582611.825 12.3953
2014-10-31 10154139 136114202.467 13.4048
2014-09-30 11108303 157088066.875 14.1415
2014-08-31 8826457 130450621.231 14.7795

Friction Factor

 

Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused MDRX's price to rise
  • If Friction Factor is negative, more selling than buying caused MDRX's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2016-03-22 -0.03 382634 348580 34054 Bearish Bias
2016-03-21 -0.01 681935 547632 134303 Bearish Bias
2016-03-18 0.23 560183 586088 -25905 Bullish Bias
2016-03-17 -0.3 451514 454195 -2681 -89.36666667
2016-03-16 -0.1 792416 699413 93003 Bearish Bias
2016-03-15 -0.17 564673 930915 -366242 -21543.64706
2016-03-14 -0.04 548067 605694 -57627 -14406.75
2016-03-11 0.13 413185 647530 -234345 Bullish Bias
2016-03-10 -0.06 675517 476597 198920 Bearish Bias
2016-03-09 0.04 555904 452597 103307 25826.75
2016-03-08 -0.33 528236 459033 69203 Bearish Bias
2016-03-07 0.41 740877 605936 134941 3291.243902
2016-03-04 0.0 574049 569689 4360 Bearish Bias
2016-03-03 -0.02 878195 921347 -43152 -21576
2016-03-02 0.19 1608435 1369756 238679 12562.05263
2016-03-01 0.07 787858 684132 103726 14818
2016-02-29 -0.01 484535 538928 -54393 -54393
2016-02-26 0.12 535812 413334 122478 10206.5
2016-02-25 0.02 705609 511832 193777 96888.5
2016-02-24 0.18 652966 469913 183053 10169.61111

Valuation

 

Value is a measure of a stock's current worth. MDRX has a current value of 17.53 per share. Therefore, it is undervalued compared to its Price of $13.4 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease.

General Results

 

Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 17.467 83.39 15337 722 95.50%
SqueezeTrigger 12.943 21.55 11196 796 93.36%
Valuation 14.576 26.95 4193 302 93.28%
Seasonality 7.497 15.17 59402 5494 91.53%
Group Correlation 7.237 14.94 11023 1299 89.46%
PatternScan 8.744 11.38 235419 35365 86.94%
Events 6.913 11.21 4714 730 86.59%
Earnings 8.971 10.34 25037 5092 83.10%
GATS 5.854 7.87 85263 18110 82.48%
Naked Shorts 14.127 10.98 2992 776 79.41%
Friction Factor 7.115 3.61 8582 2504 77.41%

Prediction Success

 

Past success in predictions regarding Allscripts Healthcare Solutions.

  • December 29, 2015 - Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), Up After ${brandname}.com Report Predicted Stock Would Go Up Due To Conditions Outlined In Our Report

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at WealthMakers.com.

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Overview
Last Price$13.40
52 Week Range$13.72 - $19.68
1 Month Range$15.12 - $16.68
Avg Daily Volume1580560.0
PE Ratio0.0
 
Earnings Per Share
YearEPS
2016(E)$-0.638
 
Capitalization
Shares Outstanding179MM
Market Capitalization$2827.00MM
 
 

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