Trend Prediction Algorithm

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trend prediction algorithm. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Short
Forecast Length: 14 Days (05/05/2019 – 05/20/2019)
I Know First Average: 8.58%

9 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. MU saw monumental growth of 20.10% in just 14 Days. RH, and PAAS also had excellent performances with returns of 15.74% and 12.23% respectively. Finally, good return could also be gained on short position on ANET and CGNX resulting in 12.02% and 11.55% over the considered time horizon.

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.