Stock Pattern Recognition Based on Algorithmic Trading: Returns up to 48.57% in 3 Months

Stock Pattern Recognition

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 3 Months (07/31/2017 – 10/31/2017)
I Know First Average: 17.10%
Stock Pattern Recognition

In this 3 Months forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 stocks. The top-performing prediction in this forecast was RADA, which registered a return of 48.57%. Other notable stocks were PNTR and SILC with a return of 37.64% and 36.57%. The package had an overall average return of 17.10%, providing investors with a premium of 13.03% over the S&P 500’s return of 4.07% during the same period.

RADA Electronics Industries Ltd.  (RADA) is an Israel-based firm, that both produces and sells advanced electronic and defense systems for airborne and land applications. It dually operates for civil and military personal, mainly for the defense market.

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.