Market Read®

  • Saturday, July 04 2015

This prediction has passed its maturity date!

This prediction was valid between April 03, 2013 and April 15, 2013. All information in this report is for reference only and should not be considered forward looking.

(NYSE: ODC)

Oil-Dri
Corporation
Of America


Bearish

Oil-Dri Corporation of America engages in the development, manufacture, and marketing of sorbent products in the United States and internationally. It offers cat litter products, including coarse and scoopable products under the Cats Pride and Jonny Cat brand names; industrial and automotive sorbent products comprising clay-based sorbent products, such as Oil-Dri branded floor absorbent, which are used for floor maintenance in industrial applications to provide a non-slip and nonflammable surface for workers; and bleaching clay and clarification aid products under the pure-Flo, Perform and Select, and Ultra-Clear brand names that are used in bleaching, purification, and filtration applications. The company also provides agricultural and horticultural products consisting of granular and powdered mineral absorbent products under the Agsorb, Flo-Fre, Terra-Green, and Pros Choice brand names, which are used as carriers for crop protection chemicals, agricultural drying agents, bulk processing aids, growing media components, and sports field products; and animal health and nutrition products for livestock feed industry under the ConditionAde, Pel-Unite, and Pel-Unite Plus brand names. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, and environmental service companies, as well as processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; and marketers of consumer products and sports turf users. Oil-Dri Corporation sells its products through sales force, food brokers, and distributors, including industrial, auto parts, safety, sanitary supply, chemical, and paper distributors, as well as catalogs. The company was founded in 1941 and is based in Chicago, Illinois.

Investment Highlights

  • PATTERN SCAN predicts the price of ODC expected to move down in the coming weeks based on the appearance of a 'Flag, Rising' pattern. Specifically, a Breakout (Stocks) DO variant of Flag, Rising has been detected. The target is $25.04. more
  • VALUATION ODC has a current calculated value of $17.12 which means the stock is overvalued compared to its price of $30.41.

Predictive Range April 03, 2013 - April 15, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$26.40 - $25.04

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.

Oil-Dri Corporation Of America (NYSE: ODC) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. ODC has demonstrated Flag, Rising strategy Breakout (Stocks) DO with a strength of 2.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of ODC expected to move down in the coming weeks.
  • PatternScan has detected that a 'Breakout (Stocks) DO' pattern has appeared.
  • Specifically, a Breakout (Stocks) DO variant of Flag, Rising has been detected.
  • This indicates a high probablity that ODC 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 ODC is 19.05.

Date Short Volume Short Value SqueezeTrigger
2013-04-30 945 25199.937 26.6666
2013-03-31 18570 516966.516 27.8388
2013-02-28 14498 398851.5784 27.5108
2013-01-31 18837 525727.4841 27.9093
2012-12-31 30902 783656.1788 25.3594
2012-11-30 5726 126759.325 22.1375
2012-10-31 7106 162733.0848 22.9008
2012-09-30 5738 132461.1562 23.0849
2012-08-31 21410 476387.487 22.2507
2012-07-31 9342 203979.7674 21.8347
2012-06-30 26220 508547.388 19.3954
2012-05-31 12080 247710.064 20.5058
2012-04-30 15610 326216.219 20.8979
2012-03-31 39454 819960.6458 20.7827
2012-02-29 20048 425173.9744 21.2078
2012-01-31 26469 547839.4806 20.6974
2011-12-31 33464 677348.1704 20.2411
2011-11-30 19540 392202.972 20.0718
2011-10-31 26701 529005.5522 19.8122
2011-09-30 19395 345500.5905 17.8139

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 ODC's price to rise
  • If Friction Factor is negative, more selling than buying caused ODC'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
2013-04-02 0.0 590 200 390 Bearish Bias
2013-04-01 -0.93 1867 1417 450 Bearish Bias
2013-03-28 -0.01 1500 1400 100 Bearish Bias
2013-03-27 -0.24 300 1135 -835 -34.79166667
2013-03-26 -0.08 1400 2642 -1242 -155.25
2013-03-25 0.01 1976 3076 -1100 Bullish Bias
2013-03-22 0.43 1360 1333 27 0.627906977
2013-03-21 -0.26 1207 575 632 Bearish Bias
2013-03-20 0.41 3076 1800 1276 31.12195122
2013-03-19 0.03 580 1209 -629 Bullish Bias
2013-03-18 -0.34 1485 1823 -338 -9.941176471
2013-03-15 -0.27 1400 5997 -4597 -170.2592593
2013-03-14 0.07 1661 2841 -1180 Bullish Bias
2013-03-13 -0.08 1350 400 950 Bearish Bias
2013-03-12 -0.55 3028 2467 561 Bearish Bias
2013-03-11 -0.08 1410 1163 247 Bearish Bias
2013-03-08 -0.15 1508 9010 -7502 -500.1333333
2013-03-07 0.16 2200 2166 34 2.125
2013-03-06 0.03 2200 1800 400 133.3333333
2013-03-05 -0.01 2931 3123 -192 -192

Valuation

 

Value is a measure of a stock's current worth. ODC has a current value of 17.12 per share. Therefore, it is overvalued compared to its Price of $30.41 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 15.843 79.03 12454 596 95.43%
SqueezeTrigger 12.531 21.86 9557 639 93.73%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.268 15.22 51787 4844 91.45%
Group Correlation 6.307 14.34 5295 705 88.25%
PatternScan 8.46 11.46 189183 28044 87.09%
Events 6.834 11.25 4176 639 86.73%
Earnings 8.512 10.35 24108 4840 83.28%
GATS 5.358 7.84 65757 13688 82.77%
Naked Shorts 13.812 10.95 2726 704 79.48%
Friction Factor 7.013 3.63 7189 2067 77.67%

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$30.41
52 Week Range$28.71 - $41.74
1 Month Range$29.14 - $31.30
Avg Daily Volume12245.0
PE Ratio17.08
 
Earnings Per Share
YearEPS
2015(E)$1.778
 
Capitalization
Shares Outstanding7MM
Market Capitalization$215.40MM
 
 

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