Momentum Stocks Based on Algo Trading: Returns up to 22.51% in 1 Month

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 momentum 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: 1 Month (6/14/2020 – 7/15/2020)
I Know First Average: 7.98%
Momentum Stocks
Momentum Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. EBAY was our best stock pick this week a return of 22.51%. Further notable returns came from FIZZ and CAMT at 17.5% and 8.44%, respectively. With these notable trade returns, the package itself registered an average return of 7.98% compared to the S&P 500’s return of 6.09% for the same 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.