Market Read®

  • Saturday, July 12 2014

This prediction has passed its maturity date!

This prediction was valid between March 05, 2013 and March 25, 2013. All information in this report is for reference only and should not be considered forward looking.

(NYSE: EDN)

Empresa
Distribuidora
Y Comercializadora


Bullish

Empresa Distribuidora y Comercializadora Norte S.A., a public service company, engages in the distribution and sale of electricity in Argentina. The company, through a concession, distributes electricity to the northwestern zone of the greater Buenos Aires metropolitan area and the northern part of the city of Buenos Aires. It serves residential, small and medium commercial, industrial, wheeling system, public lighting, and cooperative customers. As of December 31, 2011, Empresa served 3,038,669 customers. The company was formerly known as Empresa Distribuidora Norte Sociedad An nima and changed its name to Empresa Distribuidora y Comercializadora Norte S.A. in June 1996. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte S.A. is a subsidiary of Electricidad Argentina S.A.

Investment Highlights

  • PATTERN SCAN predicts the price of EDN expected to move up in the coming weeks based on the appearance of a 'Triangle, Symmetrical' pattern. Specifically, a Swing-13 variant of Triangle, Symmetrical has been detected. The target is $3.02. more
  • PATTERN SCAN predicts the price of EDN expected to move up in the coming weeks based on the appearance of a 'Trend Line Break(2)' pattern. Specifically, a DTM Daily Swing Divergence variant of Trend Line Break(2) has been detected. The target is $2.89. more
  • PATTERN SCAN predicts the price of EDN expected to move up in the coming weeks based on the appearance of a 'Breakaway Gap' pattern. Specifically, a DTM Daily Swing Divergence variant of Breakaway Gap has been detected. The target is $2.57. more
  • EVENTS detects that a positive price event has occurred, historically indicating that the price will move up to $2.78 by March 25, 2013. Specifically, 50-day MA cross above 200-day MA has been detected. more
  • SQUEEZETRIGGER predicts that when EDN closes above $7.29, we expect a short squeeze to begin that could quickly drive the price of EDN considerably higher.

Predictive Range February 13, 2013 - March 25, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$2.44 - $2.81

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.

Empresa Distribuidora Y Comercializadora (NYSE: EDN) is predicted to go up in coming weeks based on bullish technical trends that have appeared in the recent performance of the stock. EDN has demonstrated Triangle, Symmetrical strategy Swing-13 with a strength of 5.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of EDN expected to move up in the coming weeks.
  • PatternScan has detected that a 'Swing-13' pattern has appeared.
  • Specifically, a Swing-13 variant of Triangle, Symmetrical has been detected.
  • This indicates a high probablity that EDN will move up in the coming weeks.

Events

 

Uses historical patterns in stock price and volume changes to help time buying and selling decisions.

Empresa Distribuidora Y Comercializadora (NYSE: EDN) is expected to go higher. Events detect patterns in price and volume movement that have historically preceeded predictable stock movements. EDN has demonstrated a 50-day MA cross above 200-day MA technical event that has been predictable 2.0 of the last 2.0 occurrances.

  • The price of EDN expected to move up.
  • Positive patterns detected in the price movement of the stock indicates the price should move to $2.78 by March 25, 2013.
  • Of the previous 2 occurrances of 50-day MA cross above 200-day MA event, EDN has moved up 100% of the time.

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 EDN is 7.29.

This means that when EDN closes above $7.29, we expect a short squeeze to begin that could quickly drive the price of EDN considerably higher.

Date Short Volume Short Value SqueezeTrigger
2014-04-30 159110 1256809.89 7.899
2014-03-31 206214 1372725.3552 6.6568
2014-02-28 321356 1827326.6228 5.6863
2014-01-31 402439 2271848.6428 5.6452
2013-12-31 410816 2972294.8416 7.2351
2013-11-30 756156 5477820.9108 7.2443
2013-10-31 973427 5522056.6856 5.6728
2013-09-30 224456 799557.1632 3.5622
2013-08-31 60764 121534.0764 2.0001
2013-07-31 3052 6064.324 1.987
2013-06-30 2800 6158.6 2.1995
2013-05-31 15685 34630.9115 2.2079
2013-04-30 1812 3812.6292 2.1041
2013-03-31 200 427.5 2.1375
2013-02-28 18965 50446.9 2.66
2013-01-31 104390 270150.881 2.5879
2012-12-31 14500 28060.4 1.9352
2012-11-30 12650 24473.955 1.9347
2012-10-31 1957 4163.9089 2.1277
2012-09-30 3477 7586.4663 2.1819

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 EDN's price to rise
  • If Friction Factor is negative, more selling than buying caused EDN'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
2014-04-14 0.29 15627 28697 -13070 Bullish Bias
2014-04-11 -0.28 13098 20856 -7758 -277.0714286
2014-04-10 -0.35 27824 36564 -8740 -249.7142857
2014-04-09 0.58 66881 41630 25251 435.362069
2014-04-08 0.16 45895 35150 10745 671.5625
2014-04-07 0.55 21604 22719 -1115 Bullish Bias
2014-04-04 0.01 26189 33898 -7709 Bullish Bias
2014-04-03 -0.28 21133 24988 -3855 -137.6785714
2014-04-02 0.31 16175 16249 -74 Bullish Bias
2014-04-01 -0.05 33177 23541 9636 Bearish Bias
2014-03-31 0.4 18838 12751 6087 152.175
2014-03-28 -0.23 23016 21166 1850 Bearish Bias
2014-03-27 0.68 51088 29769 21319 313.5147059
2014-03-26 0.01 15901 7377 8524 8524
2014-03-25 0.05 3005 5771 -2766 Bullish Bias
2014-03-24 0.15 4972 2201 2771 184.7333333
2014-03-21 0.2 5458 2020 3438 171.9
2014-03-20 -0.23 6537 16776 -10239 -445.173913
2014-03-19 -0.23 3000 6924 -3924 -170.6086957
2014-03-18 -0.04 5112 16850 -11738 -2934.5

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$16.25
52 Week Range$1.85 - $16.00
1 Month Range$8.91 - $16.00
Avg Daily Volume286205.0
PE Ratio8.96
 
Earnings Per Share
YearEPS
2014(E)$1.54
 
Capitalization
Shares Outstanding23MM
Market Capitalization$323.30MM
 
 

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