Stock Scanner Based on Stock Prediction Algorithm: Returns up to 10.89% in 7 Days

Stock Scanner

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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


Package Name: Top 10 Stocks
Recommended Positions: Short
Forecast Length: 7 Days (12/09/2018 – 12/17/2018)
I Know First Average: 6.09%
Stock Scanner

9 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. ECA saw monumental growth of 10.89% in just 7 Days. FDX, and DCI also had excellent performances with returns of 9.53% and 8.05% respectively. The package had an overall average return of 6.09%, providing investors with a premium of 9.40% over the S&P 500’s return of -3.31% during the same period.

Encana Corporation (ECA), together with its subsidiaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company owns interests in plays, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations, including Wheatland in southern Alberta, Deep Panuke located offshore Nova Scotia, and Horn River in northeast British Columbia. It also holds interests in plays that comprise the Eagle Ford in south Texas; Permian in west Texas; DJ Basin in northern Colorado; San Juan in northwest New Mexico; Piceance in northwest Colorado; and Tuscaloosa Marine Shale in east Louisiana and west Mississippi. Encana Corporation (ECA) primarily markets its products to refiners, local distribution companies, energy marketing companies, and electronic exchanges. The company was founded in 1971 and is headquartered in Calgary, Canada.

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.