Market Read®

  • Sunday, October 04 2015

This prediction has passed its maturity date!

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


Financial Group Inc.


First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. The company s deposit products include savings and money market, and certificate of deposit accounts, as well as municipal deposits. Its loan portfolio comprise commercial business loans; commercial real estate and multi-family lending products; residential real estate lending products; home equity lending products; indirect automobile lending products; credit cards; and other consumer loans, such as personal secured and unsecured loans, and overdraft lines of credit. The company also offers wealth management services through various third party investment vehicles comprising separately managed accounts, bonds, exchange traded funds, and mutual funds, as well as provides retirement planning, education funding, and wealth protection products and services, such as stocks, bonds, mutual funds, annuities, life insurance, long term care insurance, and advisory products. In addition, it sells insurance products consisting of business and personal insurance, surety bonds, life, disability, and long-term care coverage products; and offers risk management advisory services, such as alternative risk and self-insurance, claims investigation and adjusting, and third party administration of self-insured workers compensation plans, as well as provides treasury management services. As of December 31, 2014, the company operated a network of 411 bank branches, which included 194 in New York primarily located near Buffalo, Rochester, Syracuse, and Albany; 122 branches in Pennsylvania situated near Philadelphia, Pittsburgh, Erie, and Warren; 84 branches in Connecticut located near New Haven and Hartford; and 11 in Western Massachusetts situated near Springfield. First Niagara Financial Group, Inc. was founded in 1870 and is headquartered in Buffalo, New York.

Investment Highlights

  • EARNINGS predicts that FNFG will move down -3.34% by April 18, 2013. The target is $8.36. more
  • PATTERN SCAN predicts the price of FNFG expected to move down in the coming weeks based on the appearance of a 'Resistance Break(1)' pattern. Specifically, a ACT EOD variant of Resistance Break(1) has been detected. The target is $8.12. more
  • VALUATION FNFG has a current calculated value of $8.79 which means the stock is overvalued compared to its price of $10.33.

Predictive Range March 15, 2013 - April 18, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$8.60 - $8.24

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

  • FNFG, currently trading around 10.33 expected to hit $8.36.
  • The price of FNFG tends to move down before earnings report dates.
  • Of the previous 5 earnings releases, FNFG has moved down 100% of the time.

Pattern Scan


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

First Niagara Financial Group Inc. (NASDAQ: FNFG) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. FNFG has demonstrated Resistance Break(1) strategy ACT EOD with a strength of 5.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of FNFG 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 Break(1) has been detected.
  • This indicates a high probablity that FNFG 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 FNFG is 10.30.

Date Short Volume Short Value SqueezeTrigger
2015-09-30 9846616 91956562.1624 9.3389
2015-08-31 10467619 98203014.4104 9.3816
2015-07-31 8374250 79985811.45 9.5514
2015-06-30 11192070 105759465.465 9.4495
2015-05-31 8259406 73716850.4312 8.9252
2015-04-30 2606551 22949117.6244 8.8044
2015-03-31 13737742 122062585.218 8.8852
2015-02-28 13379808 116132719.498 8.6797
2015-01-31 12873973 102236081.785 7.9413
2014-12-31 18787086 154450512.715 8.2211
2014-11-30 22785422 178712900.373 7.8433
2014-10-31 29857506 234912885.707 7.8678
2014-09-30 17449443 152321422.78 8.7293
2014-08-31 12314467 104938961.987 8.5216
2014-07-31 3810956 33564994.97 8.8075
2014-06-30 12664613 110610197.019 8.7338
2014-05-31 13214629 114206109.67 8.6424
2014-04-30 17965204 164827153.659 9.1748
2014-03-31 17235180 159022111.788 9.2266
2014-02-28 23726894 205531846.586 8.6624

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 FNFG's price to rise
  • If Friction Factor is negative, more selling than buying caused FNFG'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
2015-09-23 1.29 6387664 7383495 -995831 Bullish Bias
2015-09-22 0.29 512786 692458 -179672 Bullish Bias
2015-09-21 0.16 367235 474021 -106786 Bullish Bias
2015-09-18 -0.15 941697 1705884 -764187 -50945.8
2015-09-17 -0.26 536508 674232 -137724 -5297.076923
2015-09-16 -0.01 880463 688732 191731 Bearish Bias
2015-09-15 0.09 531382 536388 -5006 Bullish Bias
2015-09-14 0.06 419167 558637 -139470 Bullish Bias
2015-09-11 0.01 589806 348112 241694 241694
2015-09-10 0.05 617949 573021 44928 8985.6
2015-09-09 -0.02 420305 398988 21317 Bearish Bias
2015-09-08 0.23 710059 440101 269958 11737.30435
2015-09-04 -0.03 408367 606319 -197952 -65984
2015-09-03 0.14 1143094 703692 439402 31385.85714
2015-09-02 0.07 1813007 685198 1127809 161115.5714
2015-09-01 -0.41 1261175 991234 269941 Bearish Bias
2015-08-31 0.1 833075 578080 254995 25499.5
2015-08-28 0.02 767952 437996 329956 164978
2015-08-27 0.27 1287404 1201789 85615 3170.925926
2015-08-26 0.28 1889360 802595 1086765 38813.03571



Value is a measure of a stock's current worth. FNFG has a current value of 8.79 per share. Therefore, it is overvalued compared to its Price of $10.33 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 16.558 82.36 13252 572 95.86%
SqueezeTrigger 12.439 21.54 9904 705 93.35%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.29 15.21 53623 5003 91.47%
Group Correlation 6.829 15.03 7666 854 89.98%
PatternScan 8.469 11.45 200592 29673 87.11%
Events 6.828 11.27 4305 661 86.69%
Earnings 8.513 10.34 24481 4908 83.30%
GATS 5.412 7.88 70663 14565 82.91%
Naked Shorts 13.765 10.95 2771 723 79.31%
Friction Factor 7.076 3.63 7550 2159 77.76%

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$10.33
52 Week Range$8.19 - $11.34
1 Month Range$8.50 - $9.03
Avg Daily Volume3019615.0
PE Ratio11.87
Earnings Per Share
Shares Outstanding350MM
Market Capitalization$3024.00MM


ACCOUNT SUPPORT 855-879-3258