Market Read®

  • Saturday, March 07 2015

This prediction has hit its target!

As predicted, the stock moved up from $16.05 to $15.52 (-3.3%)
between March 22, 2013 and March 22, 2013.

This prediction has passed its maturity date!

This prediction was valid between March 22, 2013 and March 08, 2013. All information in this report is for reference only and should not be considered forward looking.

(NYSE: FTK)

Flotek Industries


Bullish

Flotek Industries Inc. provides oilfield services and equipment to the energy and mining industries in the U.S. and internationally. It has three segments: Chemicals & Logistics, Drilling Products, and Artificial Lift. The first develops, manufactures, and markets specialty chemicals used by oilfield service companies in oil and gas well cementing, stimulation, drilling, and production. The segment also designs and manages automated bulk material handling, loading facilities, and blending capabilities for oilfield service companies. The Drilling segment rents, inspects, manufactures, and markets down-hole drilling equipment for the oilfield, mining, water-well, and industrial drilling sectors. The Artificial Lift segment manufactures and markets artificial lift equipment, which includes the Petrovalve line of beam pump components, electric submersible pumps, gas separators, valves, and services to support coal bed methane, traditional gas, and heavy crude production. Flotek is headquartered in Houston and was founded in 1985.

Investment Highlights

  • PATTERN SCAN predicts the price of FTK expected to move up in the coming weeks based on the appearance of a 'Triangle, Symmetrical' pattern. Specifically, a Trending (Stocks) DO variant of Triangle, Symmetrical has been detected. The target is $15.52. more
  • GATS predicts FTK will move up in the coming weeks. Target is $14.84. more
  • SQUEEZETRIGGER predicts that when FTK closes above $11.35, we expect a short squeeze to begin that could quickly drive the price of FTK considerably higher.
  • VALUATION FTK has a current calculated value of $17.86 which means the stock is undervalued compared to its price of $15.89.

Predictive Range February 05, 2013 - March 08, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$13.69 - $15.18

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.

Flotek Industries (NYSE: FTK) is predicted to go up in coming weeks based on bullish technical trends that have appeared in the recent performance of the stock. FTK has demonstrated Triangle, Symmetrical strategy Trending (Stocks) DO with a strength of 5.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of FTK expected to move up in the coming weeks.
  • PatternScan has detected that a 'Trending (Stocks) DO' pattern has appeared.
  • Specifically, a Trending (Stocks) DO variant of Triangle, Symmetrical has been detected.
  • This indicates a high probablity that FTK will move up in the coming weeks.

GATS

 

Reduces risk by selecting the highest probability trades across market indices.

Flotek Industries (NYSE: FTK) 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 FTK expected to move up in the coming weeks.
  • Suggested stop level of 12.24 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 FTK is 11.35.

This means that when FTK closes above $11.35, we expect a short squeeze to begin that could quickly drive the price of FTK considerably higher.

Date Short Volume Short Value SqueezeTrigger
2015-01-31 688218 12580900.3272 18.2804
2014-12-31 1582168 29247324.7808 18.4856
2014-11-30 1311835 28645360.2435 21.8361
2014-10-31 6368262 143260421.952 22.496
2014-09-30 3263543 86443095.2125 26.4875
2014-08-31 2650896 73843093.8864 27.8559
2014-07-31 904970 28120132.81 31.073
2014-06-30 2473757 76419053.8683 30.8919
2014-05-31 516220 14400008.522 27.8951
2014-04-30 4901914 140169250.447 28.5948
2014-03-31 3042077 81709884.0123 26.8599
2014-02-28 5018291 118186774.999 23.5512
2014-01-31 4414735 86806051.358 19.6628
2013-12-31 2160455 42714787.896 19.7712
2013-11-30 2285277 48484208.3043 21.2159
2013-10-31 2307932 52858105.0096 22.9028
2013-09-30 3854204 83974625.9112 21.7878
2013-08-31 294139 5902722.6242 20.0678
2013-07-31 1838823 35453426.8515 19.2805
2013-06-30 2743956 47883678.5736 17.4506

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 FTK's price to rise
  • If Friction Factor is negative, more selling than buying caused FTK'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
2015-01-06 -0.2 331419 254698 76721 Bearish Bias
2015-01-05 -0.93 268764 267196 1568 Bearish Bias
2015-01-02 0.03 280139 234624 45515 15171.66667
2014-12-31 -0.04 211900 272163 -60263 -15065.75
2014-12-30 -0.27 175796 134787 41009 Bearish Bias
2014-12-29 0.22 181598 158351 23247 1056.681818
2014-12-26 0.09 146122 117625 28497 3166.333333
2014-12-24 -0.06 134783 102221 32562 Bearish Bias
2014-12-23 0.21 284304 327207 -42903 Bullish Bias
2014-12-22 -0.63 186645 207162 -20517 -325.6666667
2014-12-19 0.62 609286 588869 20417 329.3064516
2014-12-18 0.95 528609 415798 112811 1187.484211
2014-12-17 0.86 844563 639150 205413 2388.523256
2014-12-16 0.62 399709 349353 50356 812.1935484
2014-12-15 0.01 213455 274649 -61194 Bullish Bias
2014-12-12 -0.27 193723 288034 -94311 -3493
2014-12-11 -0.37 433552 445376 -11824 -319.5675676
2014-12-10 -0.59 480041 639786 -159745 -2707.542373
2014-12-09 0.43 343617 345567 -1950 Bullish Bias
2014-12-08 -1.5 513340 649107 -135767 -905.1133333

Valuation

 

Value is a measure of a stock's current worth. FTK has a current value of 17.86 per share. Therefore, it is undervalued compared to its Price of $15.89 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 15.897 78.04 11267 565 95.22%
SqueezeTrigger 12.542 22.05 9017 585 93.91%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.339 15.2 48773 4649 91.30%
Group Correlation 6.8 14.91 3403 334 91.06%
PatternScan 8.549 11.51 175504 25769 87.20%
Events 6.937 11.23 3944 610 86.61%
Earnings 8.56 10.26 23393 4714 83.23%
GATS 5.388 7.88 59103 12037 83.08%
Naked Shorts 14.0 10.93 2621 682 79.35%
Friction Factor 7.169 3.63 6646 1904 77.73%

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$15.89
52 Week Range$18.35 - $32.92
1 Month Range$29.39 - $32.92
Avg Daily Volume475525.0
PE Ratio42.33
 
Earnings Per Share
YearEPS
2015(E)$0.739
 
Capitalization
Shares Outstanding53MM
Market Capitalization$1655.00MM
 
 

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