Algo Trading Based On Pattern Recognition: Up To 51.52% In 7 Days

Algo Trading

This Algo Trading 52-Weeks Low Stocks forecast is designed for investors and analysts who need predictions of stocks currently at their 52-weeks low price level, offering the best market opportunities. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to invest in:

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

Package Name: 52-Weeks Low
Forecast Length: 7 Days (04/03/16 – 04/10/16)
I Know First Average: 9.61%

Algo Trading

8 out of 10 stocks in the long position for this forecast increased as predicted by the algorithm. DSCO outperformed the rest of the stocks by a wide margin with its outstanding return of 51.52% for just 1 week. QIK also had a double-digit return at 15.67%. The package average return was 9.61% versus the S&P 500’s loss of -1.21% for the period.

Discovery Laboratories, Inc. (DSCO), a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. At the end of March, Discovery Laboratories entered a collaboration agreement with Battelle Memorial Institute to develop the company’s aerosol delivery system for potential use in its phase 3 clinical program for Aerosurf, a treatment for respiratory distress syndrome in premature infants.

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 algorithmic traders.

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