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

Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 3 Days (4/3/22 – 4/6/22)
I Know First Average: 1.17%

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out of 10 stock movements. The prediction with the highest return was ^NIFTYALI, at 4.05%. ^SPBSSIP, and ^SPBS250S had notable returns of 3.47% and 3.34%. The package saw an overall yield of 1.17% versus the S&P 500’s return of -1.42% implying a market premium of 2.59%.

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.