AK Steel Holdings Corporation (AKS)

On March 18th 2014, we sent to our Top 10 Stocks and S&P 500 subscribers a recommendation for AKS as the fourth best market opportunity in 1-3 days. In three days the stock was already up 14%. AKS had a signal of 7.98 and a predictability of 0.07.

From this same forecast in the 14-day & 1-month time horizons, it was the third top stock pick by the algorithm. While we are currently in week 3 from the initial forecast date, AKS is already up 22.88%.

The forecasted price increase was due to a price hike to $660 per ton of hot roll carbon steel.  The steelmaker said it is raising the price again to at least $700 per ton of hot roll carbon steel effective immediately.  

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.
Missed the latest trend? Looking for the next rising stock? Find out todays stock picks based on our advanced self-learning algorithm