Trend Following Based on Artificial Intelligence: Returns up to 143.59% in 7 Days

Trend Following

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Israeli Stocks
Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (04/16/2018 – 04/23/2018)
I Know First Average: 16.60%
Trend Following

For this 7 Days forecast the algorithm had successfully predicted 5 out of 10 movements. The highest trade return came from NXGN.TA, at 143.59%. The suggested trades for TGTR.TA and MDVI.TA also had notable 7 Days yields of 37.60% and 14.41%, respectively. The overall average return in this By Country – Israeli Stocks package was 16.60%, providing investors with a 16.07% premium over the S&P 500’s return of 0.53% during the same period.

Nextgen Biomed Ltd., formerly Sela Group.Com Ltd., is an Israel-based company. Previously, the Company provided training and services to the Israeli and global high technology sector, software development, digital hardware design, information security, management of computing systems, information technology (IT), personnel positioning, consultancy, outsourcing, Website casting and Website conferencing in Israel and abroad. The Company’s clients included the Israeli Defense Ministry, Raphael, Elisra, Avirnaoutic Industry, Amdocs, BMC, Comverse, Texas Instruments, The National Israeli Electricity Company, General Health Services Company, Bank Leumi, Pelephone, EDS, NDS, ECI Telecom and others. Currently, Nextgen Biomed Ltd. via its subsidiary, Sindolor Medical Ltd., operates research and development of injection devices while reducing pain.

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

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