52 Week High Based on Predictive Analytics: Returns up to 8.54% in 7 Days

52 Week High

The 52 Week High Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52-week high price level. It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy and sell:

  • 52 Weeks High Top 10 stocks for the long position
  • 52 Weeks High Top 10 stocks for the short position

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/1/21 – 8/9/21)
I Know First Average: 2.13%
52 Week High
52 Week High chart

During the 7 Days forecasted period several picks in the 52 Week High Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. LC was the top performing prediction with a return of 8.54%. SIMO and UMC also performed well for this time horizon with returns of 6.65% and 6.36%, respectively. The overall average return in this 52 Week High Stocks package was 2.13%, providing investors with a 1.29% premium over the S&P 500’s return of 0.84% during the same period.

LendingClub Corporation (LC), together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans. The company also offers investors an opportunity to invest in a range of loans based on term and credit characteristics. It serves investors, such as retail investors, high-net-worth individuals and family offices, banks and finance companies, insurance companies, hedge funds, foundations, pension plans, and university endowments. LendingClub Corporation (LC) was founded in 2006 and is headquartered in San Francisco, California.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.