Chemical Stocks Based on Pattern Recognition: Returns up to 12.9% in 3 Days

Chemical Stocks

This Chemicals Stocks forecast is designed for investors and analysts who need predictions of the best chemical stocks to buy for the whole Chemistry Industry (see Chemicals Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best chemical stocks to buy:

  • Top 10 Chemical stocks for the long position
  • Top 10 Chemical stocks for the short position

Chemical Stock Forecast
Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 3 Days (2/3/2020 – 2/6/2020)
I Know First Average: 5.74%
Chemical Stocks
Chemical Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Chemicals Stocks Package for the 3 Days time period. The greatest return came from FMC at 12.9%. Other notable stocks were FTK and ALB with a return of 10.0% and 8.31%. With these notable trade returns, the package itself registered an average return of 5.74% compared to the S&P 500’s return of 3.73% for the same period.

FMC Corporation (FMC), a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection chemicals comprising insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a broad spectrum of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The FMC Health and Nutrition segment offers microcrystalline cellulose for use in drug dry tablet binder and disintegrant, and food ingredients; carrageenan for use in food ingredient for thickening and stabilizing, pharmaceutical, and nutraceutical encapsulates; alginates for food ingredient, pharmaceutical excipient, healthcare, and industrial uses; natural colorants for use in food, pharmaceutical, and cosmetics; and omega-3 EPA/DHA for nutraceutical and pharmaceutical uses. The FMC Lithium segment offers lithium for use in batteries, polymers, pharmaceuticals, greases and lubricants, glass and ceramics, and other industrial uses. FMC Corporation (FMC) was founded in 1884 and is headquartered in Philadelphia, Pennsylvania.

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.