Energy Sector Outlook Based on Pattern Recognition: Returns up to 85.68% in 3 Months

Energy Sector Outlook

The Energy Stocks Package is based on the I Know First algorithm and is designed for investors and analysts who need recommendations for the best performing stocks for the whole Energy Industry. It includes 20 stocks with bullish and bearish signals and indicates the best energy stocks to buy and sell:

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


Package Name: Energy Stocks
Recommended Positions: Short
Forecast Length: 3 Months (09/17/2018 – 12/17/2018)
I Know First Average: 43.47%
Energy Sector Outlook

9 out of 10 top stock picks from the algorithm decreased as predicted for this long-term forecasting period. PKD saw monumental growth of 85.68% in just 3 Months. BRS, and CLD also had excellent performances with returns of 75.91% and 70.47% respectively. The package had an overall average return of 43.47%, providing investors with a premium of 55.83% over the S&P 500’s return of -12.36% during the same period.

Parker Drilling Company (PKD), together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the United States, Latin America, Europe, the Middle East, Africa, Asia, Russia, the Commonwealth of Independent States, and internationally. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business provides project related services, such as engineering, procurement, project management, and commissioning of customer owned drilling facility projects; drills geologically difficult wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. The Rental Tools Services business offers rental equipment, such as standard and heavy-weight drill pipes, tubing, pressure control equipment, including blow-out preventers, and drill collars; well construction services, including tubular running services and downhole tools; well intervention services comprise whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas companies, and integrated service providers. Parker Drilling Company (PKD) was founded in 1934 and is headquartered in Houston, Texas.

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.