Tech Stock Forecast Based on Stock Market Algorithm: Returns up to 30.28% in 14 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: 14 Days (08/16/2018 – 08/30/2018)
I Know First Average: 8.08%
Tech Stock Forecast

Several predictions in this short-term 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. IRBT was the top performing prediction with a return of 30.28%. AMD and DDD saw outstanding returns of 26.35% and 11.50%. With these notable trade returns, the package itself registered an average return of 8.08% compared to the S&P 500’s return of 2.94% for the same period.

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. iRobot Corporation was founded in 1990 and is headquartered in Bedford, Massachusetts.

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.