Israeli Stocks

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full Israeli Stocks 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

Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (4/20/21 – 4/27/21)
I Know First Average: 1.02%

In this 7 Days forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The prediction with the highest return was PZOL.TA, at 4.41%. Other notable stocks were ENLT.TA and NVMI.TA with a return of 3.07% and 2.93%. The package had an overall average return of 1.02%, providing investors with a 1.47% premium over the TASE index return of -0.45% during the period.

d quarter loss on refining margin dropIsrael’s Paz Oil swung to a loss in the third quarter, with the coronavirus pandemic leading to a sharp decline in oil prices and demand that hit refining margins.

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.