Stock Market Prediction Algorithm

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

• Top 10 Basic Industry stocks for the long position
• Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 7 Days (08/29/2017 – 09/05/2017)
I Know First Average: 5.81%

For this 7 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from SID, at 14.66%. The suggested trades for GGB and MUX also had notable 7 Days yields of 10.86% and 8.17%, respectively. The overall average return in this Basic Industry Stocks package was 5.81%, providing investors with a 5.25% premium over the S&P 500’s return of 0.56% during the same period.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.