Market Read®

  • Thursday, February 11 2016

This prediction has passed its maturity date!

This prediction was valid between October 15, 2015 and November 05, 2015. All information in this report is for reference only and should not be considered forward looking.


Ebix Inc


Ebix, Inc. provides software and e-commerce solutions to the insurance industry. The company operates data exchanges, which connect various entities within the insurance markets and enables the participant to carry and process data from one end to another in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. It also focuses in the area of broker systems on designing and deploying back-end systems consisting of eGlobal for multinational P&C insurance brokers; WinBeat for P&C brokers in the Australian and New Zealand markets; and EbixASP, a system for the P&C insurance brokers in the United States. In addition, the company offers business process outsourcing services, which include domain intensive project management, and time and material consulting engagements, as well as risk compliance solution services, such as insurance certificate origination, certificate tracking, claims adjudication call center, and back office support. Further, it provides carrier systems, such as Ebix Advantage and Ebix Advantageweb targeted at small, medium, and large P&C carriers in the United States and internationally that operate in the personal, commercial, and specialty line areas of insurance. Additionally, Ebix, Inc. offers software development, customization, and consulting services to various companies in the insurance industry, such as carriers, brokers, exchanges, and standard making bodies. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Atlanta, Georgia.

Investment Highlights

  • PATTERN SCAN predicts the price of EBIX expected to move down in the coming weeks based on the appearance of a 'Three Inside Down' pattern. Specifically, a SS Heikin Ashi 2 variant of Three Inside Down has been detected. The target is $24.79. more
  • GATS predicts EBIX will move down in the coming weeks. Target is $23.44. more
  • VALUATION EBIX has a current calculated value of $15.92 which means the stock is overvalued compared to its price of $30.05.

Predictive Range October 14, 2015 - November 05, 2015

Anticipated price movement, between prediction date and target date, based on all market reads.
$25.41 - $24.12

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.

Ebix Inc (NASDAQ: EBIX) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. EBIX has demonstrated Three Inside Down strategy SS Heikin Ashi 2 with a strength of 1.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of EBIX expected to move down in the coming weeks.
  • PatternScan has detected that a 'SS Heikin Ashi 2' pattern has appeared.
  • Specifically, a SS Heikin Ashi 2 variant of Three Inside Down has been detected.
  • This indicates a high probablity that EBIX will move down in the coming weeks.



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

Ebix Inc (NASDAQ: EBIX) is expected to go down as bearish 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 EBIX expected to move down in the coming weeks.
  • Suggested stop level of 22.51 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 EBIX is 20.54.

Date Short Volume Short Value SqueezeTrigger
2015-10-31 506131 12967329.2855 25.6205
2015-09-30 1261712 34339006.1344 27.2162
2015-08-31 1999513 61073125.072 30.544
2015-07-31 397655 13287283.9355 33.4141
2015-06-30 1146563 38753141.4622 33.7994
2015-05-31 2036626 68465256.242 33.617
2015-04-30 1888546 55033552.4222 29.1407
2015-03-31 88332 2314148.2356 26.1983
2015-02-28 1299836 32917306.8312 25.3242
2015-01-31 2460749 49966246.6697 20.3053
2014-12-31 709808 11600463.1248 16.3431
2014-11-30 1274639 20096723.2574 15.7666
2014-10-31 1373734 18903816.2006 13.7609
2014-09-30 1685802 24919188.0036 14.7818
2014-08-31 900831 11654320.8963 12.9373
2014-07-31 3364075 43640462.9375 12.9725
2014-06-30 1477123 21082533.4421 14.2727
2014-05-31 1607836 25742901.4124 16.0109
2014-04-30 1867091 31066153.7308 16.6388
2014-03-31 3386341 57886451.6881 17.0941

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 EBIX's price to rise
  • If Friction Factor is negative, more selling than buying caused EBIX'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
2015-10-14 0.8 86725 78335 8390 104.875
2015-10-13 -1.09 158356 71049 87307 Bearish Bias
2015-10-12 -0.15 57680 49450 8230 Bearish Bias
2015-10-09 -0.32 66978 88122 -21144 -660.75
2015-10-08 0.43 96172 133586 -37414 Bullish Bias
2015-10-07 0.58 82379 100254 -17875 Bullish Bias
2015-10-06 -0.66 45502 50789 -5287 -80.10606061
2015-10-05 0.57 55290 35993 19297 338.5438596
2015-10-02 0.56 79420 52882 26538 473.8928571
2015-10-01 -0.21 117881 107448 10433 Bearish Bias
2015-09-30 0.74 220134 137616 82518 1115.108108
2015-09-29 -1.29 174156 152614 21542 Bearish Bias
2015-09-28 -1.55 119811 101302 18509 Bearish Bias
2015-09-25 0.23 140359 147626 -7267 Bullish Bias
2015-09-24 -1.21 119470 105772 13698 Bearish Bias
2015-09-23 -0.02 59014 46672 12342 Bearish Bias
2015-09-22 -0.39 134335 94548 39787 Bearish Bias
2015-09-21 0.78 111786 129341 -17555 Bullish Bias
2015-09-18 -0.42 165188 366429 -201241 -4791.452381
2015-09-17 0.04 48608 34532 14076 3519



Value is a measure of a stock's current worth. EBIX has a current value of 15.92 per share. Therefore, it is overvalued compared to its Price of $30.05 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 17.53 84.67 14367 615 95.90%
Valuation 14.484 26.96 4201 302 93.29%
SqueezeTrigger 12.464 21.34 10631 777 93.19%
Seasonality 7.255 15.11 56959 5367 91.39%
Group Correlation 7.045 15.0 9352 1064 89.78%
PatternScan 8.439 11.37 220697 32954 87.01%
Events 6.798 11.26 4527 689 86.79%
Earnings 8.498 10.32 24787 5004 83.20%
GATS 5.551 7.87 79002 16587 82.65%
Naked Shorts 13.645 10.99 2922 752 79.53%
Friction Factor 6.99 3.61 8204 2370 77.59%

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$30.05
52 Week Range$8.31 - $17.95
1 Month Range$12.33 - $14.89
Avg Daily Volume557580.0
PE Ratio8.72
Earnings Per Share
Shares Outstanding38MM
Market Capitalization$481.00MM


ACCOUNT SUPPORT 855-879-3258