Stock Scanner Based on Pattern Recognition: Returns up to 16.34% in 3 Days

Stock Scanner

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

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 3 Days (07/13/2018 – 07/17/2018)
I Know First Average: 4.96%
Stock Scanner

In this 3 Days forecast for the By Country – Turkish Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was MEGAP.IS, which registered a return of 16.34%. Other notable stocks were TAVHL.IS and YUNSA.IS with a return of 11.17% and 10.53%. The package had an overall average return of 4.96%, providing investors with a premium of 4.56% over the S&P 500’s return of 0.40% during the same period.

Mega Polietilen Kopuk Sanayi ve Ticaret AS produces and delivers foam sheets. It offers closed cell polyethylene sheets for packaging, shoes, marine, automotive, promotion, medical products, sports, textile, and construction and insulation sectors.

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.