Tech Stock Forecast Based on Stock Market Algorithm: Returns up to 25.38% 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 (08/21/2018 – 08/28/2018)
I Know First Average: 7.97%
Tech Stock Forecast

The algorithm correctly predicted 9 out 10 of the suggested trades in the Tech Stocks Package for this 7 Days forecast. AMD was the highest-earning trade with a return of 25.38% in 7 Days. Additional high returns came from IRBT and OLED, at 20.98% and 10.12% respectively. The package had an overall average return of 7.97%, providing investors with a 6.55% premium over the S&P 500’s return of 1.42% during the period.

Advanced Micro Devices Inc.  (AMD) operates as a semiconductor company worldwide. The company’s products include mainly x86 microprocessor as an accelerated processing unit (APU) and graphic process units (GPU). It also provides microprocessors for desktop PCs.

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.