Momentum Stocks Based on Algo Trading: Returns up to 16.25% in 7 Days

Momentum Stocks

Momentum Stocks: The 52 Week High Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52-week high price level. It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy and sell:

  • 52 Weeks High Top 10 stocks for the long position
  • 52 Weeks High Top 10 stocks for the short position

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 7 Days (5/3/23 – 5/10/23)
I Know First Average: 5.47%
Momentum Stocks
Momentum Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this 52 Week High Stocks Package for the 7 Days time period. PLSE was the highest-earning trade with a return of 16.25% in 7 Days. STNE and HOV followed with returns of 11.11% and 7.55% for the 7 Days period. The package itself saw an overall return of 5.47%, providing investors with a 5.03% premium above the S&P 500’s return of 0.44% for the same time period.

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.