Momentum Stocks Based on Algorithmic Trading: Returns up to 75.73% in 14 Days

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: 14 Days (11/18/2020 – 12/2/2020)
I Know First Average: 15.84%
Momentum Stocks
Momentum Stocks chart

During the 14 Days forecasted period several picks in the 52 Week High Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. FCEL was the top performing prediction with a return of 75.73%. Other notable stocks were BLNK and APHA with a return of 48.8% and 36.74%. The overall average return in this 52 Week High Stocks package was 15.84%, providing investors with a 14.19% premium over the S&P 500’s return of 1.65% during the same period.

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.

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.