Oversold Stocks Based on Advanced Algorithms: Return up to 25.94% in 14 Days

Oversold Stocks

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry
Forecast Length: 14 Days (03/10/16 – 03/24/16)
I Know First Average: 7.05%

Oversold Stocks

This forecast had a good week with the algorithm achieving an 80% accuracy rate in forecasting the top stocks in the long position. X has continued to see solid growth and had a share price increase of 25.94% in this period. GGB followed closely with its return of 24.22%, and SID had another good week returning 16.94% to investors. The package itself returned an average of 7.05% and the S&P 500 returned 2.35%.

United States Steel Corporation (X) produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). Despite company layoffs and recent analyst pessimism, U.S. Steel stock continued to rise as the algorithm predicted.
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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.