Stock Scanner Based on Stock Market Algorithm: Returns up to 57.35% in 1 Month

Stock Scanner

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

under 5
Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (05/03/2018 – 06/03/2018)
I Know First Average: 20.13%
Stock Scanner

The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under 5 Dollars Package for this 1 Month forecast. ASNA was the highest-earning trade with a return of 57.35% in 1 Month. Additional high returns came from EPE and ELGX, at 38.50% and 26.61% respectively. The package had an overall average return of 20.13%, providing investors with a 16.38% premium over the S&P 500’s return of 3.75% during the period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.