Market Read®

  • Wednesday, June 03 2015

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, connectivity, and information solutions and related professional services to hospitals, physicians, and post-acute organizations primarily in the United States and Canada. The company operates through Software Delivery, Services Delivery, Client Support, Pathway Solutions, and IT Outsourcing segments. It provides integrated clinical software applications for hospitals and health systems, which include Sunrise Enterprise suite of clinical solutions, comprising an acute care electronic health record (EHR) integrated with financial/administrative solutions, including performance management and revenue cycle/access management; and modules of the Sunrise suite that are available on a stand-alone basis, as well as additional stand-alone solutions, including emergency department information system, care management, and discharge management. The company's solutions for physician practices comprise integrated EHR and practice management functionality available either through on-premise delivery or through software-as-a-service; revenue cycle management software, which enables practices to outsource their full revenue cycle or address requirements in-house; clearinghouse services; stand-alone electronic prescribing; and document imaging solutions for physician practices. It also provides solutions for home care, hospice, skilled nursing, and other post-acute organizations ranging from an integrated EHR and financial management solution to referral management, as well as mobile solutions to deliver remote access to EHR and other capabilities on various mobile devices including iPad, iPhone, BlackBerry, Android, and Windows Mobile smartphones. In addition, the company sells related hardware, professional services, remote hosting, and IT outsourcing services. The company 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 $15.87, 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 $14.26.

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 15.87.

This means that when MDRX closes above $15.87, we expect a short squeeze to begin that could quickly drive the price of MDRX considerably higher.

Date Short Volume Short Value SqueezeTrigger
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
2014-07-31 9001283 146269048.493 16.2498
2014-06-30 6582878 99941912.0838 15.1821
2014-05-31 5683209 85684605.4512 15.0768
2014-04-30 8900960 147204966.576 16.5381
2014-03-31 7072427 132849883.253 18.7842
2014-02-28 10112423 177371899.42 17.54
2014-01-31 12600164 203583369.781 16.1572
2013-12-31 6783697 102010522.007 15.0376
2013-11-30 9608931 139928135.901 14.5623
2013-10-31 13563344 198292020.277 14.6197
2013-09-30 10051044 149176589.944 14.8419
2013-08-31 14763175 228703725.512 15.4915
2013-07-31 24655511 372206990.709 15.0963
2013-06-30 20872236 277533947.645 13.2968
2013-05-31 14715335 202689024.29 13.774

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
2014-12-11 -0.2 697140 737675 -40535 -2026.75
2014-12-10 -0.14 1322374 1147062 175312 Bearish Bias
2014-12-09 0.02 841278 760944 80334 40167
2014-12-08 -0.05 687189 706277 -19088 -3817.6
2014-12-05 0.02 1013499 1039760 -26261 Bullish Bias
2014-12-04 -0.12 973169 1076976 -103807 -8650.583333
2014-12-03 0.08 856507 855313 1194 149.25
2014-12-02 -0.01 1164651 1058221 106430 Bearish Bias
2014-12-01 0.04 1153028 1288449 -135421 Bullish Bias
2014-11-28 -0.03 749804 725551 24253 Bearish Bias
2014-11-26 0.02 623652 1057607 -433955 Bullish Bias
2014-11-25 -0.18 1294778 1156021 138757 Bearish Bias
2014-11-24 -0.22 1185934 1088382 97552 Bearish Bias
2014-11-21 0.33 1895397 1439810 455587 13805.66667
2014-11-20 -0.09 1433310 1030795 402515 Bearish Bias
2014-11-19 -0.03 1052352 820268 232084 Bearish Bias
2014-11-18 -0.1 963740 1145572 -181832 -18183.2
2014-11-17 -0.14 1128953 1543678 -414725 -29623.21429
2014-11-14 -0.02 1566044 1771014 -204970 -102485
2014-11-13 0.51 2317685 2266928 50757 995.2352941

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 $14.26 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 15.792 78.34 12092 604 95.24%
SqueezeTrigger 12.603 22.02 9395 611 93.89%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.295 15.19 50940 4790 91.40%
Group Correlation 6.571 15.13 4668 507 90.20%
PatternScan 8.507 11.49 185467 27267 87.18%
Events 6.878 11.27 4107 631 86.68%
Earnings 8.517 10.31 24058 4831 83.28%
GATS 5.374 7.86 63899 13224 82.85%
Naked Shorts 13.857 10.95 2697 698 79.44%
Friction Factor 7.079 3.63 7047 2014 77.77%

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$14.26
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
2015(E)$-0.638
 
Capitalization
Shares Outstanding179MM
Market Capitalization$2827.00MM
 
 

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