Tech Stock Forecast Based on Artificial Intelligence: Returns up to 11.09% in 3 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: 3 Days (01/23/2019 – 01/26/2019)
I Know First Average: 4.66%
Tech Stock Forecast

This Tech Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was AZPN with a return of 11.09%. NVDA, and FLEX had notable returns of 7.65% and 7.47%. The package’s overall average return was 4.66%, providing investors with a 3.45% premium over the S&P 500’s return of 1.21% during the same period.

Aspen Technology, Inc., incorporated on March 11, 1998, is a global provider of process optimization software solutions designed to manage and optimize plant and process design, operational performance, and supply chain planning. The Company’s aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, and engineering and construction industries. The Company operates through two segments, which include subscription and software, and services. The subscription and software segment is engaged in the licensing of process optimization software solutions and associated support services. The services segment includes professional services and training. The Company has developed its applications to design and optimize processes across approximately three principal business areas, including engineering, manufacturing and supply chain.

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.