52 Week High Stocks Based on Machine Learning: Returns up to 10.97% in 14 Days
52 Week High Stocks
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
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 14 Days (1/7/2020 – 1/21/2020)
I Know First Average: 3.28%
In this 14 Days forecast for the 52 Week High Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The highest trade return came from COHU, at 10.97%. CGNX and B also performed well for this time horizon with returns of 4.36% and 4.29%, respectively. With these notable trade returns, the package itself registered an average return of 3.28% compared to the S&P 500’s return of 2.3% for the same period.
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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.