Momentum Stocks Based on Pattern Recognition: Returns up to 62.26% in 3 Months

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

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 3 Months (8/3/22 – 11/3/22)
I Know First Average: 6.32%
Momentum Stocks
Momentum Stocks chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the 52 Week High Stocks Package for this 3 Months forecast. TUSK was our best stock pick with a return of 62.26%. Further notable returns came from SWAV and GTLS at 26.77% and 20.31%, respectively. The package’s overall average return was 6.32%, providing investors with a 15.40% premium over the S&P 500’s return of -9.08% during the same period.

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.