Market Read®

  • Friday, July 11 2014

This prediction has passed its maturity date!

This prediction was valid between March 01, 2013 and March 08, 2013. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: HURC)

Hurco Companies


Bullish

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools for the companies in metal cutting industry worldwide. The company provides general purpose computerized machine tools, including vertical machining centers and turning centers in the VM, VMX, Five-Axis, high speed machining, HMX horizontal, TM/TMM, TMX, and DCX product series; and LCM machine tool components and accessories comprising CNC rotary tables, CNC tilt tables, and swivel heads and electrospindles. It also offers Autobend computer control systems for metal bending press brake machines; and software option products for two-dimensional programming. In addition, the company produces and distributes control upgrades, hardware accessories, and replacement parts for its machine tool product lines, as well as offers operator training and support services to its customers. It serves precision tool, die, and mold manufacturers, independent metal parts manufacturers, and specialized production application or prototype departments in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries, as well as original equipment manufacturers of new metal fabrication machine tools. The company sells its products through independent agents and distributors, as well as through direct sales personnel. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.

Investment Highlights

  • EARNINGS predicts that HURC will move up 6.33% by March 08, 2013. The target is $29.81. more
  • SQUEEZETRIGGER predicts that when HURC closes above $20.93, we expect a short squeeze to begin that could quickly drive the price of HURC considerably higher.
  • VALUATION HURC has a current calculated value of $45.00 which means the stock is undervalued compared to its price of $27.78.

Predictive Range March 08, 2013 - March 08, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$28.04 - $29.81

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.

Earnings

 

Predicts probability, price move and length of move before and after earnings reports.

The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released.
Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event because the information is so vital to the market's perception of the vitality of that company.
This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history

  • HURC, currently trading around 27.78 expected to hit $29.81.
  • The price of HURC tends to move up before earnings report dates.
  • Of the previous 5 earnings releases, HURC 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 HURC is 20.93.

This means that when HURC closes above $20.93, we expect a short squeeze to begin that could quickly drive the price of HURC considerably higher.

Date Short Volume Short Value SqueezeTrigger
2014-02-28 24422 605907.3778 24.8099
2014-01-31 27659 673242.1872 24.3408
2013-12-31 42358 1060928.1186 25.0467
2013-11-30 40959 1016033.0499 24.8061
2013-10-31 69004 1756255.306 25.4515
2013-09-30 50057 1341777.885 26.805
2013-08-31 104081 2942619.6644 28.2724
2013-07-31 67103 2046238.882 30.494
2013-06-30 20155 553835.214 27.4788
2013-05-31 8912 240914.5312 27.0326
2013-04-30 56691 1447672.7142 25.5362
2013-03-31 24027 667626.2355 27.7865
2013-02-28 25548 745884.0792 29.1954
2013-01-31 34080 861286.8 25.2725
2012-12-31 59703 1404954.8772 23.5324
2012-11-30 64225 1496872.8075 23.3067
2012-10-31 40830 967083.048 23.6856
2012-09-30 49731 1161283.5003 23.3513
2012-08-31 91211 1904020.5039 20.8749
2012-07-31 107639 2283604.4406 21.2154

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 HURC's price to rise
  • If Friction Factor is negative, more selling than buying caused HURC'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
2014-02-11 0.25 2394 3478 -1084 Bullish Bias
2014-02-10 0.35 11302 9400 1902 54.34285714
2014-02-07 0.0 7632 7357 275 Bearish Bias
2014-02-06 -0.36 5999 7074 -1075 -29.86111111
2014-02-05 -0.52 13173 9250 3923 Bearish Bias
2014-02-04 0.55 3565 7164 -3599 Bullish Bias
2014-02-03 0.05 15887 12117 3770 754
2014-01-31 0.05 15887 12117 3770 754
2014-01-30 0.23 7164 1688 5476 238.0869565
2014-01-29 0.05 8753 3893 4860 972
2014-01-28 0.01 8371 17354 -8983 Bullish Bias
2014-01-27 0.11 13358 8813 4545 413.1818182
2014-01-24 -0.17 11017 7826 3191 Bearish Bias
2014-01-23 -0.36 7823 6523 1300 Bearish Bias
2014-01-22 0.25 5360 7640 -2280 Bullish Bias
2014-01-17 0.1 14439 12931 1508 150.8
2014-01-16 0.47 7951 5862 2089 44.44680851
2014-01-15 0.4 7114 9553 -2439 Bullish Bias
2014-01-14 1.24 30413 19011 11402 91.9516129
2014-01-13 -0.25 17011 15219 1792 Bearish Bias

Valuation

 

Value is a measure of a stock's current worth. HURC has a current value of 45.0 per share. Therefore, it is undervalued compared to its Price of $27.78 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 15.136 73.18 9093 472 95.07%
SqueezeTrigger 12.738 22.37 7780 473 94.27%
Group Correlation 7.341 14.99 1310 87 93.77%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.459 15.21 42599 4123 91.18%
PatternScan 8.449 11.37 133502 19274 87.38%
Events 6.943 11.2 3389 543 86.19%
GATS 5.387 7.94 45083 8534 84.08%
Earnings 8.678 10.28 21689 4352 83.29%
Naked Shorts 14.518 10.83 2232 589 79.12%
Friction Factor 7.501 3.63 5601 1604 77.74%

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$27.78
52 Week Range$23.52 - $31.61
1 Month Range$27.17 - $29.18
Avg Daily Volume25510.0
PE Ratio21.36
 
Earnings Per Share
YearEPS
2014(E)$1.321
 
Capitalization
Shares Outstanding6MM
Market Capitalization$183.60MM
 
 

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