Market Read®

  • Sunday, December 04 2016

This prediction has hit its target!

As predicted, the stock moved down from $2.91 to $2.65 (-9.03%)
between March 11, 2013 and March 13, 2013.

This prediction has passed its maturity date!

This prediction was valid between March 11, 2013 and March 18, 2013. All information in this report is for reference only and should not be considered forward looking.


Enzo Biochem


Enzo Biochem, Inc., an integrated life sciences and biotechnology company, engages in the research, development, manufacture, and marketing of diagnostic and research products based on genetic engineering, biotechnology, and molecular biology. The company operates in three segments: Clinical Labs, Life Sciences, and Therapeutics. The Clinical Labs segment provides routine and esoteric clinical laboratory tests or procedures used in general patient care by physicians to establish or support a diagnosis, monitor treatment or medication levels, and search for an otherwise undiagnosed condition. This segment operates a full-service clinical laboratory in Farmingdale, New York; a network of approximately 30 patient service centers in New York and New Jersey; and a free standing STAT or rapid response laboratory in New York City, as well as a full-service phlebotomy department. The Life Sciences segment manufactures, develops, and markets products and tools to life sciences, drug development, and clinical research customers. It offers proteins, antibodies, peptides, small molecules, labeling probes, dyes, and kits, which provide tools for target identification/validation, content analysis, gene expression analysis, nucleic acid detection, protein biochemistry and detection, and cellular analysis to life science researchers. This segment provides its products to scientific experts in the fields of cancer, cardiovascular disease, neurological disorders, diabetes and obesity, endocrine disorders, infectious and autoimmune disease, hepatotoxicity, and renal injury. The Therapeutics segment is involved in the research and development of therapeutic drug candidates in the areas of gastrointestinal, infectious, ophthalmic, and metabolic diseases. The company markets its products and services through its direct sales force and a network of distributors in the United States and internationally. Enzo Biochem, Inc. was founded in 1976 and is headquartered in New York, New York.

Investment Highlights

  • EARNINGS predicts that ENZ will move down -7.76% by March 18, 2013. The target is $2.65. more
  • PATTERN SCAN predicts the price of ENZ expected to move down in the coming weeks based on the appearance of a 'Resistance Reversal(1)' pattern. Specifically, a ACT EOD variant of Resistance Reversal(1) has been detected. The target is $2.83. more
  • VALUATION ENZ has a current calculated value of $0.70 which means the stock is overvalued compared to its price of $6.63.

Predictive Range January 14, 2013 - March 18, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$2.94 - $2.74

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.



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

  • ENZ, currently trading around 6.63 expected to hit $2.65.
  • The price of ENZ tends to move down after earnings report dates.
  • Of the previous 6 earnings releases, ENZ has moved down 100% of the time.

Pattern Scan


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

Enzo Biochem (NYSE: ENZ) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. ENZ has demonstrated Resistance Reversal(1) strategy ACT EOD with a strength of 1.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of ENZ expected to move down in the coming weeks.
  • PatternScan has detected that a 'ACT EOD' pattern has appeared.
  • Specifically, a ACT EOD variant of Resistance Reversal(1) has been detected.
  • This indicates a high probablity that ENZ will move down in the coming weeks.

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 ENZ is 3.92.

Date Short Volume Short Value SqueezeTrigger
2015-07-31 148396 445395.7544 3.0014
2015-06-30 913083 2699347.2729 2.9563
2015-05-31 597105 1529723.2995 2.5619
2015-04-30 639846 1872957.2112 2.9272
2015-03-31 487513 1512850.3416 3.1032
2015-02-28 436695 1328950.224 3.0432
2015-01-31 319192 1239007.5864 3.8817
2014-12-31 659649 2998962.2487 4.5463
2014-11-30 810673 3728366.1943 4.5991
2014-10-31 605170 3014896.423 4.9819
2014-09-30 632367 3589884.2223 5.6769
2014-08-31 1066120 5623036.716 5.2743
2014-07-31 903947 4620434.6958 5.1114
2014-06-30 683439 3210659.7342 4.6978
2014-05-31 360121 1361725.5373 3.7813
2014-04-30 1242667 5327810.4958 4.2874
2014-03-31 1223502 4872474.3648 3.9824
2014-02-28 402192 1192338.4032 2.9646
2014-01-31 836507 2352843.2389 2.8127
2013-12-31 766956 2035501.224 2.654

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 ENZ's price to rise
  • If Friction Factor is negative, more selling than buying caused ENZ'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
2015-07-13 0.09 69090 41984 27106 3011.777778
2015-07-10 0.04 31103 22072 9031 2257.75
2015-07-09 -0.11 76774 49030 27744 Bearish Bias
2015-07-08 0.04 71008 76404 -5396 Bullish Bias
2015-07-07 0.02 67229 65210 2019 1009.5
2015-07-06 0.1 60607 43344 17263 1726.3
2015-07-02 -0.04 16035 21033 -4998 -1249.5
2015-07-01 -0.08 38233 36555 1678 Bearish Bias
2015-06-30 0.09 40695 34659 6036 670.6666667
2015-06-29 0.05 81066 58987 22079 4415.8
2015-06-26 -0.06 142970 2080138 -1937168 -322861.3333
2015-06-25 -0.09 38044 68030 -29986 -3331.777778
2015-06-24 0.04 46265 219003 -172738 Bullish Bias
2015-06-23 -0.04 79460 105570 -26110 -6527.5
2015-06-22 0.1 51149 51397 -248 Bullish Bias
2015-06-19 -0.08 152674 99309 53365 Bearish Bias
2015-06-18 -0.03 47984 61588 -13604 -4534.666667
2015-06-17 0.05 74816 62161 12655 2531
2015-06-16 -0.01 23613 39523 -15910 -15910
2015-06-15 0.01 73821 61311 12510 12510



Value is a measure of a stock's current worth. ENZ has a current value of 0.7 per share. Therefore, it is overvalued compared to its Price of $6.63 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 25.483 1.43 9802 205 97.95%
SqueezeTrigger 33.1 0.97 4854 222 95.63%
Seasonality 17.036 1.22 20080 1178 94.46%
Group Correlation 11.122 1.43 10508 732 93.49%
Events 19.564 1.15 1455 146 90.88%
PatternScan 33.673 1.41 120222 12684 90.46%
GATS 21.358 1.41 48568 8155 85.62%
Naked Shorts 47.39 1.5 1096 226 82.90%
Friction Factor 528.887 0.69 2545 616 80.51%
Earnings 15.327 1.02 2519 620 80.25%

Prediction Success


Past success in predictions regarding Enzo Biochem.

  • September 20, 2016 - Enzo Biochem Inc. (NYSE:ENZ), Down After ${brandname}.com Report Predicted Stock Would Go Down 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

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

Last Price$6.63
52 Week Range$2.13 - $5.53
1 Month Range$4.85 - $5.50
Avg Daily Volume471555.0
PE Ratio0.0
Earnings Per Share
Shares Outstanding43MM
Market Capitalization$227.90MM


ACCOUNT SUPPORT 855-879-3258