Best Tech Stocks Based on Algo Trading: Returns up to 6.45% in 3 Days
Best Tech Stocks
This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:
- Top 10 Tech stocks for the long position
- Top 10 Tech stocks for the short position
Package Name: Tech Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/04/2016 – 11/07/2016)
I Know First Average: 2.63%
The algorithm correctly predicted 7 out 10 of the suggested trades in the Tech Stocks Package for this 3 Days forecast. OLED was the highest-earning trade with a return of 6.45% in 3 Days. Further notable returns came from CTSH and BRKR at 6.00% and 5.07%, respectively. The package had an overall average return of 2.63%, providing investors with a 0.58% premium over the S&P 500’s return of 2.05% during the period.
Universal Display Corporation (OLED) is a member of the United States Display Consortium. It engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials.
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
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.