Market Read®

  • Sunday, July 13 2014

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. Its clinical software applications include acute care and ambulatory electronic health records, physician practice management, revenue cycle management for hospitals and physicians, clearinghouse services, electronic prescribing, stand-alone emergency department information systems, and various solutions for home care and other post-acute organizations. The company also offers related installation and training services; electronic claims administration services; remote hosting services; and information technology outsourcing of software, as well as resells related hardware products. Allscripts Healthcare Solutions, Inc. is based 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 $16.37, 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 $15.84.

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 16.37.

This means that when MDRX closes above $16.37, we expect a short squeeze to begin that could quickly drive the price of MDRX considerably higher.

Date Short Volume Short Value SqueezeTrigger
2013-02-28 11106908 125582476.684 11.3067
2013-01-31 18746700 194227060.02 10.3606
2012-12-31 14710656 147231600.576 10.0085
2012-11-30 17211479 210060937.751 12.2047
2012-10-31 19672377 261068180.692 13.2708
2012-09-30 13482056 151832218.261 11.2618
2012-08-31 2242755 20597686.1955 9.1841
2012-07-31 10886909 107478831.721 9.8723
2012-06-30 13558980 145566497.484 10.7358
2012-05-31 30884829 335140544.928 10.8513
2012-04-30 30357257 370036748.476 12.1894
2012-03-31 8572785 158203031.669 18.4541
2012-02-29 12173640 243868443.3 20.0325
2012-01-31 9199570 171481824.714 18.6402
2011-12-31 9995694 182999166.613 18.3078
2011-11-30 785339 14558300.2464 18.5376
2011-10-31 508874 8877306.93 17.445
2011-09-30 12133394 217455900.607 17.9221
2011-08-31 27208516 450485957.709 16.5568
2011-07-31 11340909 215127971.003 18.9692

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
2013-02-26 0.26 1769245 1636506 132739 5105.346154
2013-02-25 -0.05 1153395 1175515 -22120 -4424
2013-02-22 -0.02 1791478 2276685 -485207 -242603.5
2013-02-21 -0.24 1954826 2473846 -519020 -21625.83333
2013-02-20 1.54 5882274 6313757 -431483 Bullish Bias
2013-02-19 0.08 2257710 2181395 76315 9539.375
2013-02-15 -0.1 769551 876338 -106787 -10678.7
2013-02-14 0.03 889628 933928 -44300 Bullish Bias
2013-02-13 -0.01 1538471 1461692 76779 Bearish Bias
2013-02-12 0.09 1079581 645191 434390 48265.55556
2013-02-11 0.01 775022 803158 -28136 Bullish Bias
2013-02-08 -0.11 788736 931347 -142611 -12964.63636
2013-02-07 0.27 1151340 979073 172267 6380.259259
2013-02-06 0.17 2463726 1423488 1040238 61190.47059
2013-02-05 -0.03 998610 1176931 -178321 -59440.33333
2013-02-04 -0.25 1704511 1738418 -33907 -1356.28
2013-02-01 -0.2 2137917 2155697 -17780 -889
2013-01-31 -0.14 1671034 2187648 -516614 -36901
2013-01-30 -0.01 4050504 4512269 -461765 -461765
2013-01-29 0.18 2823271 2796649 26622 1479

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 $15.84 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 15.14 73.22 9094 472 95.07%
SqueezeTrigger 12.746 22.38 7780 471 94.29%
Group Correlation 7.358 15.0 1309 86 93.84%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.455 15.2 42634 4138 91.15%
PatternScan 8.448 11.36 133678 19298 87.38%
Events 6.937 11.19 3396 544 86.19%
GATS 5.386 7.94 45118 8572 84.03%
Earnings 8.677 10.28 21694 4355 83.28%
Naked Shorts 14.525 10.84 2232 589 79.12%
Friction Factor 7.506 3.63 5606 1607 77.72%

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$15.84
52 Week Range$13.72 - $19.68
1 Month Range$14.40 - $16.39
Avg Daily Volume1653625.0
PE Ratio0.0
 
Earnings Per Share
YearEPS
2014(E)$-0.638
 
Capitalization
Shares Outstanding179MM
Market Capitalization$2935.00MM
 
 

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