Stock Trend Analysis Based on Algorithmic Trading: Up to 26.67% in 3 Days

Stock Trend Analysis

This market forecast based on I Know First’s algorithmic stock scanner is designed for investors and analysts who need stock recommendations to find the best performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

EnergyPackage Name: Energy Stocks
Recommended Positions: Long
Forecast Length: 3 Day (08/18/16– 08/21/16)
I Know First Average: 5.21%

Stock Trend Analysis

Get the “Energy Stocks” Package

Within a mere 3 day period, there were many strong returns predicted by the I Know First Algorithm. Accordingly, the stock trend analysis of the algorithm explains that the highest average return had come from Cobalt International Energy, Inc. (CIE) at 26.67%. Other notable returns were CHK and MRO, at 7.22% and 7.01% respectively. The overall forecast saw an average return of 5.21%, beating the SP500, which saw an average return of 0.08%, during the same period. The I Know First Algorithm had correctly predicted nine out ten stocks.

Cobalt International Energy (CIE), Inc. is an oil exploration and production company with oil portfolio in North America and West Africa.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks