Momentum Stocks Based on Algorithmic Trading: Returns up to 24.77% in 3 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: 3 Days (2/6/22 – 2/9/22)
I Know First Average: 4.0%
Momentum Stocks
Momentum Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The greatest return came from ALJJ at 24.77%. The suggested trades for SRRA and PCYG also had notable 3 Days yields of 14.04% and 8.2%, respectively. The package had an overall average return of 4.0%, providing investors with a premium of 2.07% over the S&P 500’s return of 1.93% during 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.