Momentum Stocks Based on Artificial Intelligence: Returns up to 12.78% in 7 Days
Momentum Stocks
Tee momentum stocks forecast is a part of the 52 Week High Stocks Package which 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
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/5/21 – 10/12/21)
I Know First Average: 3.38%
The algorithm correctly predicted 9 out of 10 the suggested trades in the 52 Week High Stocks Package for this 7 Days forecast. The top-performing prediction in this forecast was HNRG, which registered a return of 12.78%. UCO and UAN also performed well for this time horizon with returns of 5.54% and 5.46%, respectively. The 52 Week High Stocks package had an overall average return of 3.38%, providing investors with a premium of 2.21% over the S&P 500’s return of 1.17%.
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.
