Market Read®

  • Thursday, July 10 2014

This prediction has passed its maturity date!

This prediction was valid between November 22, 2011 and December 01, 2011. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: IRIS)

Iris International


Bearish

IRIS International, Inc. manufactures in vitro diagnostic (IVD) products for urinalysis and body fluids. The companys IVD segment offers iQ analyzer, an automated urine microscopy and body fluids analyzer; iQ Body Fluids Module; Optional iWare Software; iChem VELOCITY and iRICELL, an automated urine chemistry analyzer; 3GEMS Urinalysis and Body Fluids; and 3GEMS Hematology, a blood count analyzer. This segment also provides consumables for microscopy systems, test strips, calibrators, controls, and urine chemistry analyzers. Its Sample Processing segment offers benchtop centrifuges, small instruments, and supplies used for applications in coagulation, cytology, hematology, urinalysis, and DNA processing. This segment provides Express centrifuge line for clinical diagnostic market; ThermoBrite, a DNA workstation for FISH procedures; Cytofuge 2, a centrifuge for layer cell preparation; Cytofuge 12, a 12 placement centrifuge used for thin layer cell preparation; IDEXX Drive and IDEXX whole blood separator for use in IDEXX chemistry analyzers; and OvaTube, an ova and parasite testing for veterinarian market. The companys Personalized Medicine segment offers oncology and molecular diagnostics services. This segments products include Arista Molecular Tests for the diagnosis and prognostication of pathologic entities; Flow cytometry, a cell analysis platform; FISH for the detection of DNA on chromosomes; NADiA ProsVue used in prognostication of patients; NADiA HIV to monitor HIV viral load; and NADiA CECs for the detection of circulating epithelial cells. It serves medical institutions, commercial laboratories, clinics, doctors offices, veterinary laboratories, and research facilities. IRIS International sells its products through a direct sales and service force in the United States, as well as through distributors internationally. The company was founded in 1979 and is headquartered in Chatsworth, California.

Investment Highlights

  • EARNINGS predicts that IRIS will move down -10.37% by November 23, 2011. The target is $7.82. more
  • PATTERN SCAN predicts the price of IRIS expected to move down in the coming weeks based on the appearance of a 'Trend Line Break(2)' pattern. Specifically, a Reversal (Stocks) DWC variant of Trend Line Break(2) has been detected. The target is $8.28. more
  • VALUATION IRIS has a current calculated value of $4.32 which means the stock is overvalued compared to its price of $19.49.

Predictive Range November 03, 2011 - December 01, 2011

Anticipated price movement, between prediction date and target date, based on all market reads.
$8.89 - $8.05

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.

Earnings

 

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

  • IRIS, currently trading around 19.49 expected to hit $7.82.
  • The price of IRIS tends to move down after earnings report dates.
  • Of the previous 7 earnings releases, IRIS has moved down 86% of the time.

Pattern Scan

 

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

Iris International (NASDAQ: IRIS) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. IRIS has demonstrated Trend Line Break(2) strategy Reversal (Stocks) DWC with a strength of 1.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of IRIS expected to move down in the coming weeks.
  • PatternScan has detected that a 'Reversal (Stocks) DWC' pattern has appeared.
  • Specifically, a Reversal (Stocks) DWC variant of Trend Line Break(2) has been detected.
  • This indicates a high probablity that IRIS 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 IRIS is 10.19.

Date Short Volume Short Value SqueezeTrigger
2012-07-31 148327 1705107.8612 11.4956
2012-06-30 135201 1461009.0462 10.8062
2012-05-31 58893 739813.866 12.562
2012-04-30 167923 2175509.6342 12.9554
2012-03-31 372848 4566828.728 12.2485
2012-02-29 45068 467314.5988 10.3691
2012-01-31 185254 1799594.4068 9.7142
2011-12-31 235260 2184318.522 9.2847
2011-11-30 123684 1048333.2156 8.4759
2011-10-31 204393 1829828.3325 8.9525
2011-09-30 585104 5058867.6944 8.6461
2011-08-31 294802 2594611.3624 8.8012
2011-07-31 203893 2057117.2556 10.0892
2011-06-30 235511 1928057.9037 8.1867
2011-05-31 543554 5033799.2386 9.2609
2011-04-30 318939 2875171.2972 9.0148
2011-03-31 291462 2691797.301 9.2355
2011-02-28 165199 1681230.223 10.177
2011-01-31 169596 1682731.512 9.922
2010-12-31 176131 1762824.7266 10.0086

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 IRIS's price to rise
  • If Friction Factor is negative, more selling than buying caused IRIS'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
2012-07-20 0.07 12803 31091 -18288 Bullish Bias
2012-07-19 -0.16 21766 88003 -66237 -4139.8125
2012-07-18 0.13 15423 11474 3949 303.7692308
2012-07-17 0.29 18612 11242 7370 254.137931
2012-07-16 0.05 3616 5681 -2065 Bullish Bias
2012-07-13 0.26 19252 18706 546 21
2012-07-12 0.16 28132 36256 -8124 Bullish Bias
2012-07-11 0.12 11206 12328 -1122 Bullish Bias
2012-07-10 -0.16 9271 16213 -6942 -433.875
2012-07-09 0.13 50205 45464 4741 364.6923077
2012-07-06 -0.32 14433 16722 -2289 -71.53125
2012-07-05 -0.69 13018 16588 -3570 -51.73913043
2012-07-03 0.39 22792 16803 5989 153.5641026
2012-07-02 0.43 42675 19491 23184 539.1627907
2012-06-29 0.49 26201 15477 10724 218.8571429
2012-06-28 0.09 11281 8200 3081 342.3333333
2012-06-27 0.08 19507 11949 7558 944.75
2012-06-26 -0.08 22587 12725 9862 Bearish Bias
2012-06-25 -0.23 11969 15166 -3197 -139
2012-06-22 0.21 88273 11108 77165 3674.52381

Valuation

 

Value is a measure of a stock's current worth. IRIS has a current value of 4.32 per share. Therefore, it is overvalued compared to its Price of $19.49 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 15.127 73.12 9082 474 95.04%
SqueezeTrigger 12.737 22.37 7779 472 94.28%
Group Correlation 7.346 14.96 1308 88 93.70%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.458 15.2 42589 4126 91.17%
PatternScan 8.448 11.37 133305 19233 87.39%
Events 6.942 11.19 3387 543 86.18%
GATS 5.388 7.95 45028 8523 84.08%
Earnings 8.681 10.28 21679 4349 83.29%
Naked Shorts 14.491 10.83 2233 589 79.13%
Friction Factor 7.503 3.63 5599 1602 77.75%

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$19.49
52 Week Range$8.50 - $19.97
1 Month Range$19.47 - $19.55
Avg Daily Volume277052.0
PE Ratio464.05
 
Earnings Per Share
YearEPS
2014(E)$0.042
 
Capitalization
Shares Outstanding0MM
Market Capitalization$0.00MM
 
 

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