Tech Stock Forecast Based on Algo Trading: Returns up to 12.69% in 7 Days

Tech Stock Forecast

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Tech Stocks 165
Package Name: Tech Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/31/2018 – 11/07/2018)
I Know First Average: 5.57%
Tech Stock Forecast

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Tech Stocks Package for the 7 Days time period. The greatest return came from NTCT at 12.69%. ON and AMAT also performed well for this time horizon with returns of 8.95% and 8.73%, respectively. The package itself saw an overall return of 5.57%, providing investors with a 0.68% premium above the S&P 500’s return of 4.89% for the same time period.

NetScout Systems, Inc. (NetScout), incorporated on April 21, 1993, provides operational intelligence and performance analytics for service assurance and cyber security solutions. The Company’s solutions are used in various service provider, enterprise and government networks. Its solutions, based on Adaptive Service Intelligence (ASI) technology, help customers monitor the service delivery environment to identify performance issues and to provide insight into network-based security threats. It manufactures and markets these products for integrated hardware and software solutions. Its products help customers deploy its software in hardware and in virtualized form factors. Its nGenius and Infinistream technologies, along with certain product lines from the acquired businesses, enable information technology (IT) organizations to manage service delivery quality, and identify and address business service performance issues and security threats. The Company’s solutions support a range of enterprise IT initiatives, which include IT operational excellence, data center modernization and cloud computing, unified communications (UC), new application service rollout, application and desktop virtualization, and cybersecurity. The Company’s manufacturing operations consist of final product assembly, configuration and testing.

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.