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: 7 Days (2/5/2020 – 2/12/2020)
I Know First Average: 6.48%

The algorithm correctly predicted 10 out 10 of the suggested trades in the 52 Week High Stocks Package for this 7 Days forecast. CCS was the highest-earning trade with a return of 21.22% in 7 Days. ACLS and CNA also performed well for this time horizon with returns of 12.26% and 8.53%, respectively. The package had an overall average return of 6.48%, providing investors with a premium of 4.00% over the S&P 500’s return of 2.48% during the same period.

Century Communities, Inc. (CCS) engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, and Nevada. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as acquisition, entitlement, and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers. Century Communities, Inc. (CCS) was founded in 2000 and is headquartered in Greenwood Village, Colorado.

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.