Momentum Stocks Based on Pattern Recognition: Returns up to 24.41% in 1 Month

Momentum Stocks

The 52 Week High Stocks Package is designed for investors and analysts who need predictions for momentum 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

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Short
Forecast Length: 1 Month (6/27/21 – 7/28/21)
I Know First Average: 3.7%
Momentum Stocks
Momentum Stocks chart

6 out of 10 top stock picks from the algorithm decreased as predicted for this 1 Month forecasting period. EGLE saw monumental price change of 24.41% in just 1 Month. TAP, and TTP also had excellent performances with returns of 10.08% and 5.16% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period.

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.