Momentum Stocks Based on Pattern Recognition: Returns up to 21.53% in 1 Month

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: 1 Month (11/29/20 – 12/30/20)
I Know First Average: 6.96%
Momentum Stocks
Momentum Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. CPRI was the highest-earning trade with a return of 21.53% in 1 Month. CNHI and AA also performed well for this time horizon with returns of 16.97% and 12.06%, respectively. This algorithmic forecast package presented an overall return of 6.96% versus S&P 500’s performance of 2.58% providing a market premium of 4.38%.

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.