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

Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 3 days (7/24/2019 – 7/27/2019)
I Know First Average: 4.1%

In this 3 days forecast for the 52 Week High Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. ACHN was the top performing prediction with a return of 30.25%. Other notable stocks were AN and CCMP with a return of 5.16% and 4.19%. The 52 Week High Stocks package had an overall average return of 4.1%, providing investors with a premium of 3.42% over the S&P 500’s return of 0.68%.

Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes small molecule drug therapies for infectious diseases and immune system disorders in the United States and internationally.

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.