Momentum Trading Strategies

This Momentum Trading Strategies forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry . It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

• Top 10 Utilities stocks for the long position
• Top 10 Utilities stocks for the short position

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 3 Days (3/25/22 – 3/28/22)
I Know First Average: 1.63%

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out of 10 stock movements. The highest trade return came from EIX, at 3.36%. CNP and WEC saw outstanding returns of 2.02% and 2.01%. This algorithmic forecast package presented an overall return of 1.63% versus the S&P 500’s performance of 1.22% providing a market premium of 0.41%.

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.